Dispute Resolution Team of the Year
SKADDEN, ARPS, SLATE,MEAGHER & FLOM - David Kavanagh; Scott Simpson
Acted for AAR in preventing BP from pursuing a $16bn strategic alliance with Russian state oil company Rosneft. Resolving the issue required Skadden to instigate a bold and unusual pre-tribunal injunction and an urgent international arbitration against the backdrop of considerable time pressure and political sensitivities.
This award recognises the very best contentious lawyers in the country. From courtroom litigators to the finest arbitrators, the individuals and teams shortlisted will have shown, in one exceptional piece of work, the tenacity, initiative and skill that ensures clients remain one step ahead of their opponents.
Acted for AAR in preventing BP from pursuing a $16bn strategic alliance with Russian state oil company Rosneft. Resolving the issue required Skadden to instigate a bold and unusual pre-tribunal injunction and an urgent international arbitration against the backdrop of considerable time pressure and political sensitivities.
HIGHLY COMMENDED
BERWIN LEIGHTON PAISNER
Oliver Glynn-Jones
Advised Eurosail, the issuer in a Lehman Brothers-originated £650m residential mortgage-backed securitisation transaction, in successfully defending a case that went to the Court of Appeal in March 2011. The ruling is likely to provide the seminal judgment on what constitutes balance sheet insolvency.
BEVAN BRITTAN
Virginia Cooper
Debt recovery specialist Cooper successfully represented a group of 97 local authorities plus leading universities in a two-year, complex multijurisdictional battle following the Icelandic banking crisis. The team’s work ensured clients are paid in priority to other creditors, recovering over £680m, an estimated increase of £470m.
PAUL HASTINGS
Michelle Duncan; Stephen Parker
Achieved a signifi cant victory in the Court of Appeal for TSI, an Afghan mobile telecoms company, in a $400m shareholder dispute. The landmark appeal victory will defi ne the way litigation funding is used in the UK courts in future and brought to an end nine years of litigation.
REED SMITH
Richard Spafford
Successfully obtained judgment for HSBC in excess of $90m, including interest plus costs, in the high-profi le AHAB fraud case. AHAB’s capitulation on day four of the trial in consenting to a judgment against it for the full amount sought was a spectacular result that refl ected the excellent performance of the Reed Smith team.
SJ BERWIN .
Rachel Couter
Successfully represented Qantas in its dispute with Rolls-Royce over losses suffered by Qantas when a Rolls-Royce-manufactured engine exploded on a Qantas aircraft in November 2010. Amid intense media attention, the fi rm secured a very favourable settlement for Qantas
STEPHENSON HARWOOD
John Fordham
Stephenson Harwood acted for the Tchenguiz Family Trust in its groundbreaking claims against failed Icelandic bank, Kaupthing Bank Hf, for sums in excess of £1bn. The claim was settled after major jurisdictional battles in England and Iceland.
WEIGHTMANS
Michael Green
This insurance specialist won a landmark decision in the Supreme Court for London Authorities Mutual Ltd and the London Borough of Harrow, in a groundbreaking judicial review of the viability of a mutual insurance company for local authorities.
2012 Award sponsored by Vannin Capital

