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  • After the terrorist attacks of September 11 2001, 2002 was always going to be a difficult year. But the jitters created by the world's largest accounting scandals and the biggest ever bankruptcy made it a very difficult year indeed.
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  • Short-listed firms Allen & Overy Clifford Chance Freshfields Bruckhaus Deringer Lovells Norton Rose Shearman & Sterling In a disappointing year for project finance globally, with deal volume down 45% from 2001 levels, Europe provided a few bright spots with 32 deals totalling $7.3 billion.