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Herbert Smith

Energy 2009

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Rankings at a glance
Award levelStandout
InnovationFacilitating Electricité de France’s takeover of British Energy
Originality8
Rationale7
Impact8
Total23
DescriptionThe firm devised a new form of contingent value in its “nuclear power notes”, allowing agreement to be reached when the two sides were conflicted as to the value of the target. This deal will ensure the UK has nuclear power over the next 10 years