All on the night of February 22, White & Case received three awards, from two organizations, for outstanding legal work performed in Europe and in Asia. At the Asia Legal Awards, a transaction on which White & Case advised was named "M&A Deal of the Year—North Asia," while at the M&A Advisor EMEA Corporate Development Awards, the firm was honored with both "Transaction of the Year (over £1b)" and "Corporate Development Team Award: Private Equity Team."
Presented in Hong Kong, "M&A Deal of the Year—North Asia" was conferred for the Firm's work on the US$31 billion acquisition of ARM Holdings by SoftBank. The firm advised Japanese investment banking and securities firm Mizuho Securities Co., Ltd., which was acting as financial adviser to SoftBank Group Corp. Presented in London, the "Transaction of the Year (over £1b)" award was also conferred in recognition of the Firm's work on SoftBank's ARM acquisition.
"Our cross-border and cross-practice deal team, which included lawyers in London, Tokyo and New York, showcased the global M&A capabilities for which White & Case is renowned, providing Mizuho with sophisticated advice and guidance to help ensure that this complex transaction reached a successful conclusion," said White & Case Partner Jun Usami (Tokyo), who co-led the team with Partner Philip Broke (London).
Said Broke, "Deals on the lines of SoftBank's acquisition of ARM—high-profile, cross-border, technically sophisticated and audacious—prove the value of White & Case, with our global spread and our real depth in London and New York. That offering to our clients made us the global number one law firm by value in 2016."
The honor "Corporate Development Team Award: Private Equity Team" was presented for the range of successfully completed deals on which the Firm's EMEA Private Equity practice has advised over the past few years. Since January 2014, the team has worked on 239 European private equity deals, with a total reported value of £58.68 billion.