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US Financial Crisis and the downturn 2009

Rankings at a glance
Award levelCommended
InnovationConstellation Energy’s merger with Electricité de France
Originality6
Rationale6
Impact7
Total19
DescriptionIn the midst of the economic storm, the firm negotiated a takeover of Constellation Energy by Warren Buffett’s Mid-American. They then used a fiduciary out option to enable a merger with EDF, ensuring the future survival of the company

US Financial Crisis and the downturn 2009 (2)

Rankings at a glance
Award levelCommended
InnovationPre-negotiated chapter 11 bankruptcy for Masonite Inc
Originality6
Rationale5
Impact6
Total17
DescriptionPre-negotiated bankruptcy proceedings enabled Masonite Inc to leave chapter 11 as rapidly as possible, emerging with a de-leveraged balance sheet and a stronger management

Top 10 US Law Firms In Europe For Innovation In Expansion 2008

Rankings at a glance
OriginChicago
OfficesLondon, Munich
Clients and work in EuropeCCMP, CVC, Candover. Negotiated Bain Capital acquisition of Bath & Kitchen division of American Standard.
Global turnover 2007 ($US)*1,145m
Growth in global turnover 2005-2007 (%)37
Headcount in Europe 2008102
Headcount growth 2005-2008 (%)104
Headcount growth score /55
Astute lateral hire score /55
Strategic summaryA firm that dares to be niche in its chosen practice areas of private equity, international arbitration and restructuring. They have recruited top partners from "magic circle" firms and built an impressive private equity business in Europe. Following the downturn in activity, their restructuring practice is keeping people busy.
Strategic innovation score /104
Market reputation for innovation: score band /52
Total score16