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Herbert Smith

Dispute Resolution - non credit crisis 2009

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Rankings at a glance
Award levelHighly commended
InnovationA multi-jurisdictional, precedent setting, billion dollar divorce of two Russian business partners
Originality6
Rationale6
Impact6
Total18
DescriptionIn an emotionally-charged case involving the richest businessman in Russia, the Herbert Smith team unravelled the complexities of Russian law to obtain a three-pronged freezing order and came up with a new argument to outwit abuse of majority shareholders' position