Lawyers

London
T: +44 20 7655 5139
F: +44 20 7655 5254
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Simon Letherman
Counsel

Education
University of Manchester, Ph.D.
Oxford University, B.A.

Practice
Simon Letherman is counsel in the London office of Shearman & Sterling where he advises on tax aspects of a wide range of matters including major mergers and acquisitions, domestic and international banking, corporate reorganisations, private equity, investment funds, structured finance, derivatives, capital markets, outsourcing and real estate transactions.

Experience
  • New England Sports Ventures on its acquisition of Liverpool Football Club
  • Ardagh Glass on its €1.7 billion acquisition of global packaging group Impress
  • BE Aerospace on its $162 million acquisition of Satair's OEM distribution business
  • American Sugar on its £211 million acquisition of Tate & Lyle’s sugar division
  • Standard Life on the £226 million sale of Standard Life Bank to Barclays
  • Barclays Capital and JP Morgan on the refinancing of the €5 billion senior and second lien indebtedness of the INEOS group
  • Barclays Capital and HSBC on a $430 million bridge loan to finance the development of the Tamar natural gas field
  • A leading Brazilian bank on its entry into the UK loan market
  • The underwriters on HSBC’s $4.2 billion bond issue and $3.8 billion issue of perpetual subordinated capital securities
  • The senior lenders on the financial restructuring of European chemicals producer BorsodChem
  • ICE on its CDS central counterparty established in Europe and the United States
  • Centrica on the sale of a 50% stake in three of its offshore wind farms to TCW and the associated refinancing
  • Corus on its takeover by Tata Steel (and on the competing offer from CSN)
  • Gallaher on its takeover by Japan Tobacco
  • Aviva in connection with outsourcing the administration of one-third of Norwich Union's life insurance book to Swiss Re
  • Marsh on the outsourcing of insurance back-office functions to Capita
  • Standard Life on the £6.7 billion reinsurance of annuity liabilities to Canada Life
  • Land Securities on its joint venture with Countryside Properties to develop 750 new residential properties in the Thames Gateway area
  • SVG Advisers on its establishment of the Diamond I and Diamond II fund structures, through a collateralised fund obligation of private equity funds
  • Aviva on its euro note issuance programme


Bar Admissions/Qualifications
England and Wales