Commercial Litigation Team of the Year
This category identifies one outstanding piece of commercial litigation work undertaken by the winning team. The key requirement is not necessarily a substantial award of damages but rather an impressive result for the client, which could include an important out-of-court settlement or avoiding a costly appeals process.
Adam Colenso, David Golten
Advising the former Prime Minister of Kenya and opposition leader Raila Odinga on his challenge to 2017’s Kenyan presidential election result. The Kenyan Supreme Court found in the client’s favour and ultimately annulled the election result -the first time an election has been overturned in Africa by a court rather than a coup.
Debevoise & Plimpton/Slaughter and May - HIGHLY COMMENDED
Karolos Seeger, Steve Cooke
These firms jointly defended Rolls-Royce in one of the longest-running and high-profile criminal investigations of recent times. The case, which was a challenge as it involved three investigating agencies with different legal systems and approaches, was resolved after Rolls-Royce signed deferred prosecution agreements in the UK and US and a leniency agreement in Brazil.
Felicity Ewing, Thomas Leyland
Dentons has played a key part in RBS’s handling and defence of some of the most notable Libor mis-selling claims. One of the most significant results was the landmark judgment in Property Alliance Group v RBS. This was the first civil Libor claim to go to trial in England and Wales, and to date is the only such case tested at trial.
Herbert Smith Freehills
Adam Johnson QC
Representing RBS in the high-profile rights issue litigation, guiding the bank through proceedings where nearly 40,000 shareholders issued claims against the bank for damages of around £4bn. The last of the claims was eventually settled in June 2017, with RBS achieving a final resolution of the claim for less than a quarter of its alleged value.
Winning a landmark High Court judgment for the Deposit Insurance Agency against Russian oligarch Sergei Pugachev. This ended a four-year dispute relating to Pugachev’s New Zealand-based discretionary trusts, which the court has broken open, allowing the DIA to enforce against previously sheltered assets.
Norton Rose Fulbright
Lista Cannon, David Harris
Successfully defended the former JP Morgan executive Javier Martin-Artajo on multi-jurisdictional regulatory investigations and proceedings, and related civil and criminal proceedings, in the UK and US. After five years of investigations and charges, the US regulators, including the DoJ and the SEC, eventually dismissed all criminal charges and civil claims.