Legal Notices

Shearman & Sterling LLP is a limited liability partnership organized under the laws of the State of Delaware. Shearman & Sterling (London) LLP is a limited liability partnership organized under the laws of the State of Delaware for the practice of law in the United Kingdom. Shearman & Sterling is a partnership organized under the Hong Kong Partnership Ordinance and registered with the Law Society of Hong Kong for the practice of law in Hong Kong. Shearman & Sterling LLP practices in Italy in association with Studio Legale Associato Shearman & Sterling. Shearman & Sterling LLP operates in association with The Law Firm of Dr. Sultan Almasoud for the practice of law in Saudi Arabia.

For a full description of our various legal and regulatory notices, please click on the links below.

Accessibility 

If you are having any difficulty using this website, please contact us at website.administration@shearman.com. Identifying the webpage address or URL and the specific problems you have encountered will assist us in resolving any issues.

Attorney Advertising 

Prior results do not guarantee a similar outcome. Content is provided for your convenience and does not constitute legal advice.

Cookie Notice 

This notice describes how Shearman & Sterling LLP, Shearman & Sterling (London) LLP, Shearman & Sterling and its affiliated entities (collectively, “Shearman & Sterling”) use cookies and tracking technologies on our websites and mobile apps.

It is our policy to use cookies and tracking technologies only with the consent of the users of the websites we provide, except where the use of cookies or tracking technologies is strictly necessary for the operation or use of a website.

For further information on the way we use information about you, please see our Privacy Notice.

Cookies and Tracking

Cookies

A cookie is a small text file that is sent by a website to your computer or mobile device where it is stored by your web browser. Cookies may store information such as your IP address or other identifiers, your browser type, and information about the content you view and interact with on our sites. By storing such information, cookies can remember your preferences and settings, and analyze how you use our websites.

We use both first-party and third-party cookies. First-party cookies are set by the website you are visiting. Third-party cookies are set by a domain which is different to the website you are visiting, an example of this is where cookies are placed on your device by AddThis.com when you share content from our website on social media websites.

Cookies can be either session cookies or persistent cookies. Session cookies are cookies which are deleted when you close your internet browser. Persistent cookies stay in place after you have closed your browser, for example, a cookie which tracks whether you are a new or return visitor to the website.

Tracking Technologies: Web Beacons/Gifs, Pixels, Page Tags, Script

Emails and mobile apps may contain small transparent image files or lines of code to record how you interact with them. We use this technology in our email marketing initiatives to analyze and improve our email marketing communications.

IP Addresses

An IP address is a unique identifier that certain electronic devices use to identify and communicate with each other on the Internet. When you visit our websites, we may view the IP address of the device you use to connect to the Internet. We use this information to determine the general physical location of the device and understand from what geographic regions our website visitors come. We also may use this information to enhance our websites.

Tracking Via Mobile Devices

When you use applications on your mobile device, unique identifiers associated with your device (such as the device ID and IP address), your activity and your network location may be recorded. This information may be used to analyze, improve and customize our content for mobile devices.

How We Use Cookies and Tracking Technologies

Strictly Necessary Cookies

These cookies are necessary for our website to function and cannot be switched off in our systems. They may include cookies that remember your preferences and settings, that remember information you enter so that you do not have to re-enter it, or that allow you to log into portals. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work.

Analytics Cookies

These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to identify the most and least popular content and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies, we will not know when you have visited our site and will not be able to monitor its performance or optimize your experience.

View further information on Google Analytics Cookie Usage on Websites.

Functional Cookies

These cookies enable us to provide enhanced functionality and personalization. They allow our websites to remember your site preferences and choices you make on the site including username, region, and language. They are anonymous and do not track browsing activity across other websites. Functional cookies can include first-party, third-party, persistent or session cookies. Similar to strictly necessary cookies, functional cookies are used to provide services you request. If you do not allow these cookies, then some or all of the websites may not function properly.

Marketing Cookies

Marketing cookies are third-party cookies from services used on our website, such as embedded videos or podcasts, that gather information from you on your device to display advertisements to you on their platforms and across the web based on relevant topics that interest you. The information the cookies gather on you can be shared with other advertisers to measure the performance of their advertisements. They do not store information about you but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising. The third parties’ use of your information, including their deployment of cookies and tracking technologies, is subject to the third party’s privacy policy—not ours.

Social Media Cookies

These cookies are used by social media services, such as Addthis.com, that we have added to the site to enable you to share our content with your friends and networks. With your consent, they can track your browser across other sites and build up a profile of your interests. This may impact the content and messages you see on other websites you visit. If you do not allow these cookies, you may not be able to use or see these sharing tools. Please see the AddThis privacy policy for more information.

Email Marketing Tracking Technology

The information gathered from our email marketing communications is used to discover if our content is performing well with email recipients by gathering open rates and click rates through to web content and/or invitation registrations. This technology is not integrated with our websites and therefore user journeys on the website cannot be linked to individuals engaging with email content.

IP Address Tracking

We use a tool called Lead Forensics to assess content performance across industries. The tool tracks the IP addresses visiting our websites, then runs them through a database to provide advanced business data. This IP address tracking keeps individual information anonymous, but will provide the following:

  • The names and locations of the associated businesses visiting our websites
  • Names and contact details for key decision makers at those businesses
  • A full breakdown of the time spent on our websites, including pages viewed and referral data.

Your Choices

Your Cookie Preferences on Our Websites

When you first visit our website, you will be presented with a Cookies Banner, which offers you a choice of whether to accept or reject cookies or tracking technologies of different types, except for those cookies that are strictly necessary for a particular service.

Visit our Cookie Preference Center using the button below if you wish to amend your choice at any time.

Managing Cookies on Your Device

If you wish, you can also choose how web browser cookies are handled by your device via your browser settings. Some devices allow you to control this through your device settings. If you choose not to receive cookies at any time, websites may not function properly, and certain services will not be provided. Every browser or device is different, so check the settings menu of the browser or device to learn how to change your settings and cookie preferences. Learn how to change your cookie setting on any browser. In addition to the browser-based controls, you can manage third-party cookies by visiting YourAdChoices and Your Online Choices.

How to Contact Us

If you have any questions or concerns about our use of cookies and other tracking technologies, please email us at data.privacy@shearman.com or you may write to us via postal mail at:

Shearman & Sterling
Attn: Director of Data Privacy
9 Appold Street
London EC2A 2AP
United Kingdom

Disclaimer 

This website is purely a public resource of general information which is intended, but not promised or guaranteed, to be correct, complete, and up-to-date. However, this website is not intended to be a source of advertising, solicitation, or legal advice; thus, the reader should not consider this information to be an invitation for an attorney-client relationship, should not rely on information provided herein, and should always seek the advice of competent counsel in the reader's state. Moreover, any reader who sends an e-mail to the owner of this website must realize that this unilateral action, and any reply thereto, do not, in and of themselves, create an attorney-client relationship and the reader must have no expectation whatsoever of confidentiality with regard to any information contained in his or her e-mail(s).

Furthermore, the owner of this website does not wish to represent anyone desiring representation based upon viewing this website in a state where this website fails to comply with all laws and ethical rules of that state. In addition, the use of Internet e-mail for confidential or sensitive information is discouraged. Finally, the owner of this website freely grants permission to anyone wishing to link to this website without representation; the owner will gladly remove any link from this website upon request from the linked entity; this website is not sponsored or associated with any particular linked entity unless so stated in truth by that entity; and the existence of any particular link is simply intended to imply potential interest to the reader.

LLP Status 

Shearman & Sterling LLP is a limited liability partnership under the laws of the State of Delaware. The personal liability of our partners is limited to the extent provided in such laws. 

Under the laws of Delaware, an obligation of the Firm incurred while the Firm is a limited liability partnership, whether arising in contract, tort, or otherwise, is solely the obligation of the Firm, and partners of the Firm are not personally liable, directly or indirectly, by way of indemnification, contribution, assessment or otherwise, for such obligation solely by reason of being or so acting as a partner. 

Shearman & Sterling (London) LLP, the partnership through which the business of the Firm is undertaken in the United Kingdom, has also qualified as an LLP under the laws of the State of Delaware and the personal liability of its partners is also limited to the extent provided by such laws. 

As used herein, "Shearman & Sterling" refers to Shearman & Sterling LLP, a limited liability partnership organized under the laws of the State of Delaware.

Modern Slavery Act 

Modern Slavery Statement

Introduction

We are committed to acting ethically and with integrity in all our business relationships, and to addressing modern slavery in all its forms, including but not limited to, slavery, servitude, forced or compulsory labor and human trafficking (together, "Modern Slavery").

This statement confirms the steps we have taken over the course of the financial year ending 31 December 2019, together with the further steps we intend to take in the next financial year, to mitigate the risk of Modern Slavery occurring in our supply chains or in any part of our business.

This statement is made in accordance with Section 54 of the Modern Slavery Act 2015 (the "Act").

Our Firm

We are an international law firm, providing legal advice to clients based around the world. For the purposes of this statement, the "Firm", "us" or "we" means Shearman & Sterling LLP, a limited liability partnership organized under the laws of the State of Delaware, Shearman & Sterling (London) LLP, a limited liability partnership organized under the laws of the State of Delaware for the practice of law in the United Kingdom and Italy and authorised and regulated by the Solicitors Regulation Authority, and Shearman & Sterling, a partnership organized under the Hong Kong Partnership Ordinance and registered with the Law Society of Hong Kong for the practice of law in Hong Kong.

This statement is made by Shearman & Sterling (London) LLP.

Our Approach

Our business

As a professional services organization strictly regulated by various professional regulatory bodies in the jurisdictions in which we operate, we consider the risk of Modern Slavery existing within our business to be low. Notwithstanding this, we take care to seriously consider any issues regarding non-compliance with applicable anti-Modern Slavery laws and regulations, including the Act, in the unlikely event they arise. To this end, we have a number of internal policies in place; including our anti-slavery and human trafficking policy, anti-money laundering policy, whistleblowing policy, complaints handling policy, London regulatory reporting policy and anti-corruption and bribery policy; to support the monitoring, reporting and mitigation of the risk of Modern Slavery occurring within our business or supply chains. Such policies are reviewed and, where necessary, updated, on an annual basis.

Our supply chain

Our key suppliers are those which provide office and professional support services. We expect our suppliers to comply with their own regulatory obligations under all applicable local and national laws and regulations, including with regard to Modern Slavery. We conduct an annual review of our own business and supply chains and in the financial year ending 31 December 2019 have once again found no cause for concern.

In addition, we have the following established procedures to ensure we are well-placed to identify and manage any instances of Modern Slavery in our business relationships:

Due Diligence Process

  • We have an internal anti-slavery and human trafficking policy, which we review and, where necessary update, on an annual basis;
  • We carry out an annual review of our key population of suppliers providing goods and services to our London office, and send out annual communications to those key suppliers to ensure they are aware of the standards we expect them to adhere to in the context of Modern Slavery;
  • We adopt a formal procurement process which our suppliers must successfully complete in order to work with us; and
  • Our standard terms by which we engage with any service providers include a contractual right to audit our suppliers.

Training

  • We provide mandatory annual Modern Slavery training to those members of staff in our London and Italian offices substantially involved in the procurement of goods and/or services on behalf of the Firm.

Performance Indicators

  • We have the right to meet with each of our key suppliers at least annually and often more frequently. These meetings provide an opportunity for us to raise concerns and questions, including any issues connected with Modern Slavery.

Key achievements in the financial year ending 31 December 2019 and proposed steps for next financial year

In the financial year ending 31 December 2019 we began reviewing our approach to vendor management, and exploring ways to enhance our comprehensive due diligence processes, to ensure that the high standards we expect our business to adhere to apply across the Firm as a whole. The review is continuing and we expect the outcome to form a key part of our Modern Slavery plan for the next financial year.

In addition, we have commenced a project to create training on modern slavery which we plan to roll out to all staff across our offices globally within the next financial year.

We have also commenced a review of the Communication against the Firm's current standard vendor contract with a view to including appropriate conforming language in the standard vendor contract within the next financial year.

Modern Slavery Document Signature July 2020
Belgium Regulatory Notice 

Information pursuant to Article 7 of the Belgian Law of March 11, 2003

Shearman & Sterling LLP
Rue Guimard 9
1040 Brussels, Belgium 
T: +32 2 500 9800
F: +32 2 500 9801
VAT number: 406.931.466

The Belgian lawyers practicing in the Brussels office are admitted to practice under the professional title “advocaat/avocat”. They are members of the Brussels Bar, List A. The lawyers from other Member States or other foreign jurisdictions are members of, or are registered with, the Brussels Bar, List E or B, and are members of foreign Bars.

Each lawyer’s bar admission(s) can be found in his/her biography.

Members of the Brussels Bar (List A, B, or E) are subject to professional rules that are available at www.baliebrussel.be or www.barreaudebruxelles.be. The profession of “advocaat/avocat” is regulated by Articles 428-508 of the Belgian Judicial Code, which is available at www.juridat.be.

 

Germany Regulatory Notice 

Angaben gemäß § 5 des Telemediengesetzes (TMG) in der Fassung vom 26.2.2007 sowie nach § 2 Dienstleistungs-Informationspflichten-Verordnung (DL-InfoV) in der Fassung vom 12.3.2010:

Kontakt:

Bockenheimer Landstrasse 2-4
D-60306 Frankfurt am Main
Kontakt: Dr. Thomas König
Tel.: 069-9711-1000
Fax: 069-9711-1100
Email: germany@shearman.com 
Zuständige Aufsichtsbehörden: Rechtsanwaltskammer Frankfurt am Main
Steuerberaterkammer Hessen

Berufsbezeichnungen / Berufsregeln:

Die gesetzliche Berufsbezeichnung "Rechtsanwalt" wurde in der Bundesrepublik Deutschland verliehen. Es gelten unter anderem die folgenden berufsrechtlichen Regelungen:

  • Bundesrechtsanwaltsordnung (BRAO)

  • Rechtsanwaltsvergütungsgesetz (RVG)

  • Bundesrechtsanwaltsgebührenordnung (BRAGO)

  • Berufsordnung für Rechtsanwälte (BORA)

  • Fachanwaltsordnung (FAO)

  • Berufsregeln der Rechtsanwälte der Europäischen Gemeinschaft (CCBE)

  • Gesetz über die Tätigkeit europäischer Rechtsanwälte in Deutschland (EuRAG)

  • Law Implementing the Directives of the European Community pertaining to the professional law regulating the legal profession

Diese und weitere Berufsregeln können bei der Bundesrechtsanwaltskammer eingesehen werden.

Die gesetzliche Berufsbezeichnung "Attorney" wurde im Bundesstaat New York/USA verliehen. Die diesbezüglichen Berufsregeln sind im "Code of Professional Responsibility" enthalten, der bei der New York State Bar Association eingesehen werden kann.

Die gesetzliche Berufsbezeichnung "Steuerberater" wurde in der Bundesrepublik Deutschland verliehen. Es gelten die folgenden berufsrechtlichen Regelungen:

  • Steuerberatungsgesetz (StBerG)

  • Durchführungsverordnung zum Steuerberatungsgesetz (DVStB)

  • Berufsordnung der Bundessteuerberaterkammer (BOStB)

  • Steuerberatergebührenverordnung (StBGebV)

Diese können bei der Bundessteuerberaterkammer eingesehen werden

Die Berufshaftpflichtversicherung mit weltweiter Geltung besteht über die Allianz Versicherungs-AG in 10900 Berlin.

Umsatzsteueridentifikationsnummer:

DE 121199593

Shearman & Sterling LLP ist eine in den Vereinigten Staaten von Amerika nach dem Recht des Staates Delaware gegründete Limited Liability Partnership. Nach dem Recht des Staates Delaware ist die persönliche Haftung der einzelnen Partner beschränkt.

 

Italy Regulatory Notice 

Information pursuant to Italian Legislative Decree No. 70 of 
9 April 2003.

Shearman & Sterling LLP practices in Italy in association with Studio Legale Associato Shearman & Sterling. Partners in the Rome and Milan Offices are partners in Studio Legale Associato in Associazione con Shearman & Sterling.

The firm’s offices in Italy are at:

Via Borgognona 47 
00187 Roma, Italy 
T: +39 06 697 679 1 
F: +39 06 697 679 300 

Corso Venezia 16
20121 Milano, Italy
T: +39 02 0064 1500
F: +39 02 0064 1555 

Riyadh Regulatory Notice 

Shearman & Sterling LLP operates in association with The Law Firm of Dr. Sultan Almasoud for the practice of law in Saudi Arabia. Partners in the Riyadh Offices are partners in The Law Firm of Dr. Sultan Almasoud.

The firm’s offices in Riyadh are at:

The Law Firm of Dr. Sultan Almasoud
Office Unit 10, Floor 3,
Bldg. WH01-04, Al Raidah, Digital City, Al-Nakheel
P.O. Box 90217, Riyadh 11613

United Kingdom Regulatory Notice 


Information pursuant to Electronic Commerce (EC Directive) Regulations 2002.

In the UK, the business of the firm is undertaken through Shearman & Sterling (London) LLP, a partnership qualified as an LLP under the laws of the State of Delaware. Shearman & Sterling (London) LLP is a multi-national partnership authorised and regulated by the Solicitors Regulation Authority (the SRA) (Firm SRA number 211340). A list of partners of Shearman & Sterling (London) LLP is available for inspection at its London office at:

9 Appold Street 
London EC2A 2AP 
Tel: + 44 (0) 20 7655 5000 
Fax: + 44 (0) 20 7655 5500 
VAT No: GB 244 2549 66

The lawyers practising in Shearman & Sterling (London) LLP who are qualified to practice in England and Wales are Solicitors of the Supreme Court of England and Wales and members of the Law Society of England and Wales. Shearman & Sterling (London) LLP also includes lawyers from other jurisdictions who are registered with the SRA as European or foreign lawyers and who are also subject to regulation in their place of admission. Further information on our lawyers and their qualifications can be found at People. Information on the regulations of the SRA can be found in the SRA Code of Conduct on its site at http://www.sra.org.uk/.

We are not regulated by the Financial Conduct Authority but we are able, in certain circumstances, to offer a limited range of services which would fall to be regulated under the Financial Services and Markets Act 2000 (as amended), but for certain exclusions applicable to professional services firms.

We hold professional indemnity insurance arranged through AON Risk Solutions, The Aon Centre, The Leadenhall Building, 122 Leadenhall Street, London EC3V 4AN, which covers the professional services provided by Shearman & Sterling (London) LLP worldwide.

Client Complaints Procedure

We intend to provide our clients with a professional and high-quality service. Any client who is not happy with the service they have received from us is entitled to complain. We will investigate all complaints promptly and fairly and will try to resolve any concerns you raise using our complaints handling procedures.

If you have any concerns about our work or the service we have provided to you, you should contact your relationship partner or the partner responsible for your matter in the first instance. If you do not consider that approach to be appropriate, or you are dissatisfied with the response you have received, you may contact the firm’s Director of Risk, Nicola Liddle-Peters, who is based in our London office. You can do this by writing to her at our London office address, or by emailing to Nicola.Liddle-Peters@Shearman.com.

If you feel that we have not satisfactorily resolved your concerns and you remain dissatisfied with any element of our work or service you may contact the Legal Ombudsman:

Postal address: PO Box 6806, Wolverhampton, WV1 9WJ
Telephone: 0300 555 0333 (9 a.m. to 5 p.m.)
Email: enquiries@legalombudsman.org.uk).

The Legal Ombudsman will look at your complaint independently and it will not affect how we handle your case. Before accepting a complaint for investigation, the Legal Ombudsman will check that you have tried to resolve your complaint with us first. If you have, then you must take your complaint to the Legal Ombudsman:

  • Within six months of receiving a final response from us to your complaint; and
  • No more than six years from the date of the act/omission; or
  • No more than three years from when you should reasonably have known there was cause for complaint.

You can find more information at legalombudsman.org.uk.

You may also raise any concerns with the Solicitors Regulation Authority. If you wish to make a complaint about your bill, you may apply to the court for an assessment of the bill under Part III of the Solicitors’ Act 1974. If all or part of a bill remains unpaid, we may be entitled to charge interest.

Other Complaints

If you are not a client, but you have a complaint in relation to our work or the services we provide, please raise your concern with the firm’s Director of Risk, Nicola Liddle-Peters. You can do this by writing to her at our London office address, or by emailing to Nicola.Liddle-Peters@Shearman.com.

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