The American Lawyer Names Nick Grabar “Dealmaker of the Year”; Cleary Gottlieb Practice Areas Highlighted in AmLaw’s “Corporate Scorecard”

April 1, 2011

The American Lawyer named Nicolas Grabar a “Dealmaker of the Year” for his role advising Petrobras on its record-breaking $70 billion follow-on offering—the largest-ever public share offering in history. The article highlights the complexity and importance of the offering, which marks Brazil’s emergence as a “new economic powerhouse.”

The article also notes that Mr. Grabar has advised on transactions valued at approximately $120 billion in 2010 alone, including América Móvil’s merger with Telmex and its acquisition of Carso Global Telecom, Bank of America’s sale of its interests in Banco Itaú, and Embratel’s purchase of Net Serviços—one of the largest Brazilian tender offers ever. Some of Mr. Grabar’s previous work in the region was also highlighted, including his involvement in the privatizations of the telecommunications companies in Mexico and Brazil, and his roles advising Mexico on its sovereign debt restructuring and Vale on its $12 billion equity offering in 2008.

In addition, many of the firm’s practices were highlighted in the Corporate Scorecard—an annual ranking of the top corporate practices that accompanies “Dealmakers of the Year.” The firm was ranked second for Equity: Underwriters’ Counsel by value, and was also ranked in a variety of other areas, including U.S. IPOs, M&A, Private Equity and Corporate Debt. Jeffrey D. Karpf was quoted and Cleary Gottlieb was noted for its role in RigNet’s IPO in the overview story.

The American Lawyer is a monthly magazine covering the business of law and lawyers, with an emphasis on the top 100 grossing law firms in the United States.