Global law firm Shearman & Sterling is serving as pro bono counsel to USRowing – the national governing body of the sport of rowing that operates under the auspices of the United States Olympic and Paralympic Committee – in response to recent reports of alleged sexual abuse by a coach.

Shearman & Sterling advised Credit Suisse, BofA Securities, SVB Securities and Van Lanschot Kempen acting as private placement agents in the business combination and $91 million PIPE transaction between European Biotech Acquisition Corp. and Oculis SA.

Shearman & Sterling secured several rankings among a wide variety of practices in the 2023 edition of Chambers Europe serving to underscore the excellence of the firm’s work on behalf of global clients.

Shearman & Sterling represented Hurricane Finance Plc (the “Issuer”) and its subsidiaries in connection with its add-on issuance of £15 million of 8.000% Senior Secured Notes due 2025 (the “Additional Notes”).

Shearman & Sterling Financial Restructuring & Insolvency partner Mark Shapiro told Bloomberg News on March 15 that the U.S. government has taken prompt and necessary steps to safeguard the country’s financial system following the collapse of Silicon Valley Bank.

Shearman & Sterling is representing SWOCTEM GmbH, a wholly-owned subsidiary of Prof. Dr. E.h. Friedhelm Loh, in connection with a voluntary public takeover offer to acquire all outstanding shares of Klöckner & Co. SE against a cash offer price of EUR 9.75 per share. The takeover offer is scheduled to be launched at the end of March, upon review and approval by the German financial supervisory authority (Bundesanstalt für Finanzdienstleistungsaufsicht - BaFin) and will be subject to customary conditions including antitrust and FDI approvals in the EU and several other jurisdictions. The offer will not contain a minimum acceptance requirement.