News

November 29, 2021

Fenway Sports Group’s Acquisition of Controlling Interest in Pittsburgh Penguins

Shearman & Sterling advised Fenway Sports Group on the acquisition of the controlling interest in the Pittsburgh Penguins hockey team. The deal, which is subject to approval by the National Hockey League Board of Governors, is expected to close before the end of the year.

November 29, 2021

The Legal 500 Southeast Asia Awards 2020/21

Shearman & Sterling was named “Projects and Energy Team of the Year” at the inaugural The Legal 500 Southeast Asia Awards. The awards celebrate the teams and practice groups whose work have exceeded expectations and raised standards over the past 24 months.

November 26, 2021

Shearman & Sterling Named in Global Restructuring Review List of Global Restructuring Leaders for 2021

Shearman & Sterling has been listed in Global Restructuring Review’s list of global restructuring leaders following the firm’s inaugural submission reflecting the firm’s expansion of its international restructuring practice.

November 22, 2021

Digital Realty Trust’s $3.3 Billion Sustainability-Linked Global Credit Facilities

Shearman & Sterling represented Citibank, as administrative agent, in connection with Digital Realty Trust’s $3.0 billion global revolving credit facility and Sumitomo Mitsui Banking Corporation, as administrative agent, in connection with Digital Realty Trust’s ¥33.285 billion Japanese yen-denominated credit facility.

November 22, 2021

Bridge Financing for £950 Million Acquisition by Sun Communities of Park Holidays UK

Shearman & Sterling represented Citibank, N.A. as administrative agent and sole lead arranger in connection with £950 million in senior unsecured bridge financing commitments for Sun Communities, Inc.’s pending acquisition of Park Holidays UK.

November 19, 2021

Finanzinvestor Intek und KME Mansfeld beim Verkauf des Drahtgeschäfts an Elcowire

Shearman & Sterling hat den Finanzinvestor Intek Group beim Verkauf des Drahtgeschäfts ihrer Tochtergesellschaft KME Mansfeld GmbH, einem führenden Hersteller von Halbzeug-Produkten aus Kupfer und Kupferlegierungen, an Elcowire beraten. Die Transaktion ist ein weiterer wichtiger Schritt in der Umsetzung der angekündigten Konzernstrategie. Ziel von KME ist es, sich auf das Walzproduktgeschäft zu konzentrieren und dieses weiter zu stärken, indem alle Bereiche, die nicht zum Kerngeschäft gehören, verkauft werden.

Upcoming Events

December 01 - 03, 2021

PLI’s Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings 2021

Partner Jay Singer will participate as a speaker at PLI’s Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings 2021 conference in Los Angeles, California. 

December 07, 2021

When Controls Fail: Hard Lessons Learned from Bank Enforcement Actions

On December 7, 2021, partners Mark Chorazak, Jonathan Swil and Katherine Stoller and Of Counsel Simon Dodds will take part in a webinar titled “When Controls Fail: Hard Lessons Learned from Bank Enforcement Actions.”

December 07, 2021

PLI’s Annual Disclosure Documents 2021: Current Developments and Best Practices

Shearman & Sterling partners Doreen E. Lilienfeld and Kristina Trauger will speak at PLI’s Annual Disclosure Documents 2021: Current Developments and Best Practices in New York, New York on December 7, 2021.