The American Lawyer Names Global Legal Award Winners

Skadden was among the law firms honored on July 14 with Global Legal Awards from The American Lawyer for their work on the following matters.

  • Global M&A Deal of the Year: U.S. — Skadden represented Baxter International Inc., the former parent company of Baxalta Incorporated, in Baxalta's combination with Shire plc in a transaction valued at approximately $32 billion.
  • Global M&A Deal of the Year: China — Skadden acted as U.S. legal counsel to the special committee of the board of directors of Qihoo 360 Technology Co. Ltd. in an investor consortium's all-cash acquisition of the company for approximately $9.3 billion, making it China's largest going-private transaction for a U.S.-listed company.
  • Global M&A Deal of the Year: Europe — Skadden advised The Coca-Cola Company on tax aspects of the combination of its wholly owned subsidiary, Coca-Cola Erfrischungsgetränke AG, with Coca-Cola Enterprises, Inc. and Coca-Cola Iberian Partners SA. The transaction created the world's largest independent Coca-Cola bottler.

According to Am Law, the awards recognize "the best cross-border work" since January 2015.