27 August 2014
Mayer Brown, a leading global law firm, announced today that the firm has been profiled by Law360 as a “Global 20” firm. Earlier, Mayer Brown was named to the list for the fourth consecutive year. The list recognizes the 20 law firms that had “the biggest global presence and handled the most large, significant and groundbreaking international and cross-border matters over the past year,” according to the publication. Mayer Brown has been ranked every year since the list’s inception. View the article.
In the profile, Mayer Brown Chairman Paul Theiss emphasized the importance of creating a global firm to service multinational corporations and global financial institutions across borders. “Without a robust global footprint, it would be very difficult to do much of the high-end work that we are fortunate to be able to do today,” he said. Mr. Theiss added that Mayer Brown’s “one-firm culture” helps the firm stand out from a client service perspective. “We operate as a single, global partnership. We think that fosters a culture of collaboration and teamwork that is really to the benefit of our clients.”
Law360 noted that Mayer Brown handles “game-changing deals and projects” and highlighted the firm’s teamwork and collaborative cross-border approach in a number of recent matters, including:
Representing the Panama Canal Authority on its restructuring of the financial arrangements for the $5.2 billion canal expansion project;
Counseling Altice Group in its $23.3 billion acquisition of Vivendi Group’s SFR unit;
Successfully defending five Lloyd’s syndicates in Swiss Federal Court against a $48 million claim by Genevalor Benbassat & Cie over losses of three funds as a result of Bernard Madoff’s Ponzi scheme;
Advising Türkiye Vakıflar Bankası T.A.O. (VakifBank) on the establishment of its $3 billion medium term note program, which the publication noted led to “the first-ever note program by a Turkish issuer”;
Representing Beijing Enterprises Water Group Ltd. in the issuance of $500 million in 4.625 percent guaranteed bonds due in 2018 by its subsidiary Beijing Enterprises Water Capital Management Ltd; and
Advising The Vietnam Shipbuilding Industry Group (Vinashin), as part of its financial restructuring, on a UK scheme of arrangement with creditors related to a $600 million facility, marking the “first time a Vietnamese company has used an English scheme as a restructuring tool,” the publication noted.
Law360 covers news for business lawyers across 20 specialty areas.