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Congratulations to all our winners
  
  
Thursday 9 February 2012 - Grosvenor House Hotel, Park Lane, London

Regulatory Team of the Year

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This award will go to the team that has demonstrated a leading position in advising clients on their most serious regulatory challenges, regardless of
industry. In a world where regulatory bodies are increasingly prominent in
the lives of many clients, the winning team will standout for the crucial role
they have played in a high-profile regulatory or criminal investigation.

Previous Winners:

Instructed as lead adviser by the Department for Transport, CMS Cameron McKenna developed a new regulatory framework to govern the UK’s first high-speed rail line, High Speed 1 (HS1). Starting from scratch, the firm’s team created a new regulatory framework where one ceased to exist previously. The instruction posed a series of obstacles that the firm had to work around, including the recognition that high-speed rail needed to be regulated differently to the national rail network and ensuring that the regulations would be flexible enough to include changes in circumstances for the rail industry. The firm also worked alongside the regulator, the Office of Rail Regulation and the concessionaire for HS1.

Last year the government announced the sale of HS1 Limited and the concession for HS1, with the new regulatory framework an important component of the sale. Cameron McKenna’s landmark role in developing the new regulations will not only provide the buyer of HS1 with regulatory certainty and ensure smooth operation and maintenance of the system, but will also help to encourage future investment in the rail industry.

HIGHLY COMMENDED

Baker & McKenzie
Arun Srivastava

Baker & McKenzie took a lead role on one of the biggest regulatory disputes in 2010, successfully advising Hong Leong Bank Berhad, the representative respondent for the unsecured creditors of Lehman Brothers International (Europe), on its access to client money locked up in LBIE’s general estate. The case raised questions over LBIE’s compliance with the Financial Services Authority’s client money rules.

Bristows
Maria Isabel Manley

Bristows used its legal, scientific and medical capabilities to successfully represent Servier Laboratories in its dispute against the National
Institute for Healthcare and Clinical Excellence over the cost-effectiveness analysis of osteoporosis drug Protelos. The firm worked closely with
Servier’s health and clinical economics experts to develop a winning strategy to challenge NICE, which marks the first time a successful challenge has been brought against a cost-effectiveness decision for a medicinal product in the UK.

Eversheds
David Young

After the 2005 Buncefield explosion and fire, Eversheds was appointed by the board of Hertfordshire Oil Storage Limited, a joint venture between
Total and Texaco, on the investigations launched by the Health and Safety Executive and the Environment Agency. The firm’s team worked closely with
HOSL’s board and provided a company secretarial function to help avoid any potential shareholder conflicts.

Field Fisher Waterhouse
Matthew Lohn

Described as the longest medical misconduct hearing in the General Medical Council’s history, Field Fisher Waterhouse took the lead role  representing the GMC in its investigation into Dr Andrew Wakefield. The GMC disciplinary panel heard evidence for 148 days over more than two years, while the firm interviewed more than 30 witnesses and a number of medical experts. Wakefield was struck off the register after he was found guilty of professional misconduct.

SIMMONS & SIMMONS
Robert Turner

Simmons & Simmons successfully defended CRC Credit Fund, on behalf of a class of claimants, on its right to access money from Lehman Brothers International (Europe)’s house accounts. The dispute has raised complex and novel legal issues in a highly regulated trading environment and the resolution of these issues will have implications for the hedge fund industry.