Shearman & Sterling Antitrust partner James Webber discussed a recent decision of European Court of Justice in a case that resulted in a €32 million fine against the United Kingdom.

Shearman & Sterling Project Development & Finance partner, Paul Epstein, was a panelist for the ‘P3 Electrified Summit’ organized by P3C Media, which was held earlier this month in San Diego.

Shearman & Sterling represented Chesapeake Utilities Corporation in a definitive agreement to acquire Florida City Gas from NextEra Energy, Inc. for $923 million in cash. Upon close of the transaction, expected by the end of the fourth quarter of 2023, Florida City Gas will become a wholly-owned subsidiary of Chesapeake Utilities.

Shearman & Sterling Compensation, Governance & ERISA partners Doreen E. Lilienfeld and Gillian Emmett Moldowan have been named in the 17th edition of the Lawdragon “500 Leading Corporate Employment Lawyers” guide.

Shearman & Sterling advised leading green fuels company InterContinental Energy on its $115 million capital raise. The capital raise involved an increase by Singapore’s sovereign wealth fund GIC of its existing investment in InterContinental Energy and a new investment from Hy24, a European clean hydrogen investment fund.

Shearman & Sterling represented BMO Capital Markets, BofA Securities, Goldman Sachs & Co. LLC, J.P. Morgan and Societe Generale, as lead underwriters, in connection with Bank of Montreal’s registered public offering of $2.5 billion of medium-term notes, comprised of $1.2 billion aggregate principal amount of its 5.920% Senior Notes due 2025, $1 billion aggregate principal amount of its 5.717% Senior Notes due 2028 and $300 million aggregate principal amount of its Floating Rate Notes due 2025, under its U.S. medium-term note program.

Shearman & Sterling represented ACEN Renewables on its joint venture with ib vogt to establish a platform for the financing, construction and operation of large-scale solar power plants across Asia.

Shearman & Sterling, alongside Canadian law firm Blake, Cassels & Graydon LLP, advised long-standing client GMM Pfaudler Ltd in connection with its agreement to indirectly acquire 100% share capital of Professional Mixing Equipment Inc. (“MixPro”). 

Shearman & Sterling is pleased to announce that its representation of Danske Bank A/S has been shortlisted for “Most Important Development of the Year” by Global Investigations Review (GIR). GIR recognized Litigation partner Katherine J. Stoller for advising Danske Bank in connection with its $2 billion resolution in the US and Denmark.

Partners David Higbee, Djordje Petkoski and associate Memmi Rasmussen authored the article “US DOJ tests new approaches to boost cartel enforcement revival efforts” in the Americas Antitrust Review 2024 published by Global Competition Review.