VimpelCom work sees Allen & Overy scoop TMT Team of the Year accolade at the 2016 British Legal Awards
25 November 2016
Another successful year for Allen & Overy’s global TMT team has been topped off with recognition as winners of the British Legal Awards TMT Team of the Year 2016.
The independent judging panel praised the team’s work with VimpelCom and Wind on their joint venture with Hutchison to combine 3Italia and Wind. Our role covered the JV transaction with Hutchison, the ground-breaking EU Merger process, and the JV’s agreements with Iliad to secure the merger clearance.
VimpelCom’s Group General Counsel, Scott Dresser, commented “Allen & Overy delivered on this transformative and strategically important deal for VimpelCom, which creates a leading convergent operator in Europe’s fourth largest telecom market. The team worked seamlessly across its global offices, handling the M&A and telecoms aspects of the transaction along with the complex antitrust matters”.
The project required smooth project management between A&O TMT specialists across legal disciplines (including M&A, antitrust, regulatory, tax and employment) and across multiple jurisdictions (including UK, Italy, France, Netherlands and Luxembourg). Team leaders included Global Telecoms Head Tom Levine, Global Antitrust Head Antonio Bavasso, TMT M&A experts Simon Toms and Giovanni Gazzaniga, and antitrust and telecoms regulatory experts Dominic Long, Kees Schillemans and Filippo Bucchi.
The independent judging panel, chaired by City of London Law Society chairman Alasdair Douglas, featured a heavyweight line-up of senior lawyers including GCs from companies such as Telefonica and EE, Virgin Media, BAE Systems, Aviva, HSBC and Barclays, with one judge noting that the deal was 'pivotal' for the European telecoms sector.
Other BLA winners included Vodafone for Legal Department of the Year (TMT) and HCA Healthcare UK winning the award for Legal Department of the Year (Commerce and Industry).