20 December 2012
Mayer Brown, a leading global law firm, announced that partners Marcia Madsen and Christopher Erckert have been named “MVPs” by Law360
, a recognition honoring attorneys “whose achievements in major litigation or transactions have set a new standard for accomplishment in corporate law.”
A Government Contracts litigator in Washington, DC, Ms. Madsen was named an MVP in the Government Contracts category (view article
) for her “success in both defending protests of government contract awards as well as helping clients pursue challenges of their own” before the US Government Accountability Office and the US Court of Federal Claims. Law360
detailed Ms. Madsen’s strong 2011-2012 track record, noting her successful defense of a $1.9 billion government contract awarded to Lockheed Martin Corp. for long-term scientific research in Antarctica, and the defense of a $800 million contract awarded to BAE Systems Ordnance Systems Inc. to operate the Radford Army Ammunition Plant. The article also highlighted wins secured by Ms. Madsen in protests brought by VSE Corp. over a $68 million support contract for the Army’s Rapid Equipping Force and Bechtel Infrastructure Corp. over a $700 million contract to design and make pump stations to protect canals in New Orleans.
Commenting on the importance of government contracts law, Ms. Madsen said: “Our concern for our clients is that they have a fair and equal opportunity to compete and that's what the protest process is about ensuring … It allows companies that feel the government hasn't followed its own rules to challenge the government’s decision.”
Mr. Erckert, a Banking & Finance partner in the firm’s Washington, DC and New York offices, was selected as an MVP in the Project Finance category (view article
) for his impressive work on several project finance transactions in Latin America, including his representation of BNP Paribas and two Peruvian banks in the $527 million financing of a key toll road in Lima, Peru — the largest Peruvian currency financing to date for a nonsovereign issuer. Law360
noted the Christopher’s ability to handle the unique involvement of both bank and bond investors, which created “a complicated financing environment that Erckert was able to navigate” with innovative structuring.
The article also commended Christopher for his representation of HSBC Holdings PLC and BNP Paribas in the financing for a $500 million transmission line traversing 550 miles—half the length of the country—in central and southern Peru, as well as his representation of project sponsor Acciona Energia SA and the issuers on the project bond financing for two wind farm projects in Mexico.
Regarding his work in the project finance space within the past year, Mr. Erckert said, “These projects demonstrate the evolution of this market — how it’s moving from a primarily commercial bank financing-based model to a diversified model that includes ever-increasing funding from the local and cross-border debt capital markets.”