law firm Gump recognized as "Corporate Legal Team of the Year" at Legal Business Awards 2012 event
In a significant milestone, international law firm Gump Strauss Hauer & Feld LLP has been named Corporate Team of the Year at the Legal Business Awards 2012. The recognition comes following the firm's successful advice to VimpelCom Ltd in the acquisition of Wind Telecom, which created the world's sixth-largest mobile telecommunications carrier by subscribers, operating in 20 countries.
The acquisition, which closed in April 2011, marked a significant expansion for VimpelCom, and the London-based team at Gump Strauss Hauer & Feld LLP, led by corporate partner Dan Walsh, played a crucial role in delivering the necessary results under pressure. The team included several other partners, counsel, and associates, as well as litigation/arbitration partners from both London and New York.
Dan Walsh, the lawyer at Akin Gump Strauss Hauer & Feld LLP responsible for advising VimpelCom on the acquisition, expressed his delight at the win. He stated, "Winning this award showcases our ability to advise international clients in emerging markets, and we are thrilled to have contributed to VimpelCom's global growth."
VimpelCom's General Counsel, Jeff McGhie, praised the firm for their role in the acquisition. He said, "Gump Strauss Hauer & Feld LLP took us to a global level, and we are very pleased with the service and professionalism they provided throughout the process."
The Legal Business Awards recognise outstanding work from across the legal profession, and this year's award for Gump Strauss Hauer & Feld LLP reinforces their position as a firm that supports clients in challenging economic times. This is the first time a law firm that is not part of the U.K.'s "Magic Circle" has won the award in over a decade.
The win also marks a significant achievement for Gump Strauss Hauer & Feld LLP, as it follows their receipt of the "Emerging Markets Law Firm of the Year" award at the Financial Times Innovative Lawyers Awards 2011. The firm, with over 800 lawyers and advisors in various regions, continues to make a significant impact in the legal world.
Steven Blakeley, partner in charge of the London office at Gump Strauss Hauer & Feld LLP, expressed his delight over winning the award, stating, "It showcases our ability to advise international clients in emerging markets, and we are thrilled to have contributed to VimpelCom's global growth."
The shortlist for the award included seven leading law firms, demonstrating the high level of competition in the legal profession. Gump Strauss Hauer & Feld LLP's win is a testament to their hard work, dedication, and expertise in advising clients in complex transactions.
In conclusion, the acquisition of Wind Telecom by VimpelCom, advised by Gump Strauss Hauer & Feld LLP, has created a significant impact in the mobile telecommunications industry, and the firm's win at the Legal Business Awards 2012 is a well-deserved recognition of their outstanding work.
Read also:
- A Business Model Explained: Its Purpose and Benefits for Your Venture
- Trump administration faces lawsuit by Denmark's Ørsted over halted wind farm project
- U.S. takes a pledge of $75 million to foster Ukrainian resources development
- Deep-rooted reinforcement of Walkerhughes' acquisitions through strategic appointment of Alison Heitzman
