Am Law Honors Akin Gump in Inaugural Global Legal Awards

(New York and Moscow) –Akin Gump Strauss Hauer & Feld LLP was honored today by The American Lawyer for its work on the Rosneft/TNK-BP transaction, which was selected as the “Global M&A Deal of the Year: Russia” in Am Law’s inaugural Global Legal Awards.

The Global Legal Awards aim to recognize “cutting-edge, important global legal work” across M&A, finance, disputes and global citizenship, with winners named in 30 categories and selected from among several hundred submissions.

Akin Gump advised leading private business group Renova, a member of the Alfa-Access-Renova (AAR) consortium, in relation to the sale of AAR’s stake in TNK-BP to Rosneft for an all-cash consideration of $28 billion. The deal, signed in December 2012 and closed earlier this year, is the largest-ever corporate transaction in the history of modern Russia.

The Akin Gump team advising Renova in relation to corporate and other aspects of the transaction was led by Moscow corporate and tax partner Ilya Rybalkin and London partner in charge and corporate partner Steve Blakeley.

To view Akin Gump’s December 2012 press release on the deal, please click here.

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 850 attorneys in offices throughout the United States, Europe, Asia and the Middle East.

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