Hogan Lovells Cadwalader Won Finance Team of the Year
The law firm received the honor for its advisory work on a multibillion-pound financing package for Ukraine.
Updated on Oct. 1, 2026 in Finance — General
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Hogan Lovells Cadwalader secured the Finance Team of the Year title at the Legal Business Awards. The recognition stems from the firm’s advisory role to HM Treasury regarding a major loan for Ukraine.
Why it matters
The firm was honored for its contribution to facilitating a unique financing transaction that supports Ukraine’s defense efforts. This work highlights the critical role of legal expertise in executing complex international financial obligations.
The award-winning work involved facilitating a £2.26bn Extraordinary Revenue Acceleration loan for HM Treasury. This transaction is a key component of a larger US$50 billion G7 commitment designed to support Ukraine.
The players
Hogan Lovells Cadwalader
A global law firm recognized for its legal advisory work and pro bono initiatives.
HM Treasury
The United Kingdom's government department responsible for developing and executing financial and economic policy.
Rachel Reeves
The UK Chancellor who signed the landmark loan agreement with Ukraine in March 2025.
Sergii Marchenko
The Finance Minister of Ukraine who co-signed the loan agreement to support his country.
The details
The firm advised HM Treasury on a novel approach to a unique financing transaction finalized in March 2025. Additionally, the firm earned a Highly Commended recognition for its HLC BaSE Training program, which offers 6 months of pro bono legal support to social enterprises.
Timeline
March 2025: UK and Ukraine signed the ERA loan.
October 2026: Legal Business Awards winners announced.
Market Dynamics
This recognition underscores how major law firms are increasingly central to the implementation of the G7 Extraordinary Revenue Acceleration (ERA) loans. Such involvement reflects a broader trend of private sector firms navigating complex geopolitical financial frameworks.
The recognition of this transaction highlights the ongoing stability and legal architecture supporting large-scale sovereign debt instruments. Retail investors tracking international markets may view the successful execution of such loans as a sign of continued institutional commitment to regional stability.
The takeaway
The firm’s success at these awards reflects the intersection of high-stakes commercial finance and global impact initiatives. Pro bono programs like HLC BaSE illustrate how legal organizations are aligning their corporate social responsibility with their core professional expertise.
Further reading
For more on industry benchmarks and market trends, visit Finance — General.
Source note: This article includes information reported by Hlc.
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