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Freshfields Bruckhaus Deringer

Wolf Theiss

Short-listed firms Allen & Overy Clifford Chance Freshfields Bruckhaus Deringer Linklaters Allen & Overy continued to prove that you can securitize just about anything by securitizing forest land in 2002. The Tornator deal was only the fifth whole business securitization outside the UK and the first deal of its type in Finland. The firm also continued to show its dominance in the area of master trust structures, advising Abbey National and Northern Rock on deals during the year and also working on the £3.4 billion ($5.46 billion) Permanent Financing deal for HBOS, a newcomer to the securitization market.

Mannheimer Swartling

Cleary, Gottlieb, Steen & Hamilton

White & Case

Law firms Allen & Overy Administrators Bingham McCutchen Bondholders Clifford Chance Energis Linklaters Bank syndicate Macfarlanes Management team What's so special about it?

Law firms Clifford Chance French State Freshfields Bruckhaus Deringer CDC Ixis Capital Markets and FSA Gide Loyrette Nouel Project company ALIS Linklaters Mezzanine financing provider Bank of Scotland Wilkie Farr & Gallagher Previous concessionaire SAPN What's so special about it?

Law firms Allen & Overy Credit Suisse First Boston, Morgan Stanley T J Koutalidis Alpha Ogier & Le Masurier Alpha What's so special about it?

By Borenius & Kemppinen, Helsinki