Shearman And Sterling

News

GCR Awards 2023 Booz Allen Hamilton/Everwatch Nominated for Merger Control Matter of the Year: Americas

February 01, 2023

The Shearman & Sterling Antitrust and Litigation Teams have been nominated for the GCR Awards 2023 with the Booz Allen Hamilton/Everwatch case in the category Merger Control Matter of the Year: Americas.

News

Antitrust Practice Recognized Among Top Global Competition Practices by Global Competition Review

February 01, 2023

Shearman & Sterling’s antitrust practice again features in Global Competition Review’s (GCR) 2023 Global Elite rankings. The ranking, part of the extensive GCR 100 research into the world’s best competition practices, details the work of the world’s best 25 global competition law practices.

News

Lotus Technology to Go Public through Business Combination with L Catterton Asia Acquisition

February 01, 2023

Shearman & Sterling is representing Credit Suisse Securities (USA) LLC who is acting as capital markets advisor to L Catterton Asia Acquisition Corp. (LCAA) in connection with a proposed business combination between LCAA and Lotus Technology Inc. (Lotus Tech). The business combination values the combined company at approximately US$5.4 billion (pro forma enterprise value).

News

Shearman & Sterling Represents Greenidge Generation Holdings in Comprehensive Debt Settlement Agreement

January 31, 2023

Shearman & Sterling advised its client, Greenidge Generations Holdings Inc., in a restructuring of a material portion of its debt and its business. In a novel transaction, the company, which has historically been mining bitcoin at two facilities in upstate New York and South Carolina, transferred a significant portion of its mining rigs to NYDIG, its equipment lender, in exchange for significant debt reduction and 5-year hosting arrangements with NYDIG.

News

Prima Solutions Holding on the sale of Prima Solutions to TSS

January 30, 2023

Shearman & Sterling advised Prima Solutions Holding, in which the Carlyle Group is the majority shareholder, on the sale of Prima Solutions, a leading French InsurTech group that provides modern insurance solutions to primarily French clients, to Total Specific Solutions (TSS), an international provider of IT business solutions and consists of independent business units that deliver products and services to their specific vertical market segments.

News

Shearman & Sterling Named 2022 Sustainable Finance Law Firm of the Year by LatinFinance

January 30, 2023

Shearman & Sterling was named Sustainable Finance Law Firm of the Year and won four additional awards at the LatinFinance 2022 Deal of the Year Awards. These accolades are testament to Shearman & Sterling’s leading work in sustainable financing in Latin America, and to the global law firm’s commitment to remaining at the forefront of innovation in ESG financing.

News

Shearman & Sterling names new Chief People Officer

January 27, 2023

Global law firm Shearman & Sterling announced that Daniel Dellacona has been named Chief People Officer succeeding Geline Midouin. Daniel, who joined Shearman in September 2021, has been director of the firm’s human resources department for the Americas.

News

Shearman & Sterling’s Paris Private Equity and M&A Teams Work Recognized With an Award and Two Top Rankings

January 27, 2023

Shearman & Sterling is delighted to announce that its Paris Private Equity team has received a “mention spéciale” for the LBO Large and upper mid-cap deals category at the Décideurs Juridiques Awards on January 25 2023. This award recognizes the outstanding work of our Paris PE team, notably in advising Carlyle on the sale of Euro Techno Com Group to Cinven, PAI Partners and European Camping Group on the acquisition of Vacanceselect and Bridgepoint on the sale of the HTL Group to Montagu.

News

LSTA Market Standards for Flood Insurance Processes in Syndicated Lending (Jan 2023)

January 26, 2023

Partner Malcolm Montgomery, counsel Lance Levine, associate Anthony Roselle and consultant Nancy Scappaticci (all New York-Real Estate) advised the Loan Syndications & Trading Association on the publication of updated Market Standards for Flood Insurance Processes in Syndicated Lending. These Standards offer guidance to loan market participants engaged in syndicated lending activities on the compliance obligations imposed by federal flood insurance laws and regulations. The Standards account for the revised Interagency Questions and Answers (Q&A) Regarding Flood Insurance jointly issued by five federal regulatory agencies in 2022.

News

Shearman & Sterling New York Headquarters Redesign Wins Distinguished 2022 International Interior Design Award

January 26, 2023

Shearman & Sterling received the Gold Winner award at the 2022 International Interior Design Awards (IIDA). The global law firm reimagined its New York global headquarters in partnership with global architectural firm Perkins&Will, intending to create a workplace that anticipated the evolving needs of its growing and diverse talent base, and that would continue to support excellence in client service.