Shearman & Sterling Advises DaimlerChrysler on the sale of Chrysler to Cerberus
14 May 2007
Georg F. Thoma, John J. Madden, W. Jeffrey Lawrence, Kenneth J. Laverriere, Peter H. Blessing, Markus S. Rieder, Fredric Sosnick

Düsseldorf/New York, May 14, 2007—Shearman & Sterling advised DaimlerChrysler AG as Lead Counsel on the sale of 80.1% of the shares in the future Chrysler Holding LLC to an affiliate of the Private Equity House Cerberus Capital Management, L.P., New York.

The following Shearman & Sterling attorneys advised DaimlerChrysler AG on the transaction: Georg F. Thoma (partner, Corporate/M&A, Düsseldorf). John Madden and Jeffrey Lawrence (both partners, Corporate/M&A, New York), Kenneth Laverriere (partner, Executive Compensation, New York), Peter Blessing (partner, Tax, New York), Markus Rieder (partner, Corporate/M&A, Munich) and Fredric Sosnick (partner, Corporate, New York).