Shearman And Sterling

Shearman & Sterling is firmly committed to helping clients achieve their business objectives. With a focus on our clients’ changing needs and goals, we deliver a wide range of materials and services to keep them up to date and informed.

Perspective

SEC Clawback Rules Take Effect: What Companies Should Do Now

September 27, 2023

On June 9, 2023, the Securities and Exchange Commission (SEC) approved the New York Stock Exchange’s (NYSE) and Nasdaq Stock Market’s (Nasdaq) proposed clawback listing standards.

Perspective

United Kingdom Supreme Court Clarifies When Court Proceedings Will Be Stayed in Favour of Arbitration

September 26, 2023

The U.K. Supreme Court has recently clarified the English courts’ power under Section 9 of the Arbitration Act 1996 to stay proceedings which are properly the subject of an arbitration agreement.

Perspective

Shearman & Sterling Attorneys Discuss Critical Minerals Investment Opportunities and Challenges in Global Mining Review

September 21, 2023

Shearman & Sterling Mining & Metals Group partners Augusto Ruiloba, Robert O’Leary and Cynthia Urda Kassis discussed the key opportunities and challenges to meeting the global demand for critical minerals amid the worldwide energy transition.

Perspective

Senate Proposes to Extend Section 16 Requirements to Foreign Private Issuers

September 21, 2023

The U.S. Senate recently passed the National Defense Authorization Act for Fiscal Year 2024, which, if enacted, would subject insiders (i.e., directors, executive officers and greater than 10% shareholders) of foreign private issuers (“FPIs”) to the requirements of Section 16 of the Securities Exchange Act of 1934, as amended, with respect to their ownership and transactions in the securities of the relevant FPI.

Perspective

Reform of the Arbitration Act 1996: Law Commission’s Final Report and Amendment Bill

September 20, 2023

On 6 September 2023, the Law Commission of England & Wales published its final report on potential reforms to the English Arbitration Act 1996. The report recommends making changes in six key areas, as well as a handful of other minor amendments, and includes a draft bill to put these changes into effect.

Perspective

US, EU And UK Maintain Pressure Through Russia Sanctions

September 18, 2023

Over a year has now passed since Russia invaded Ukraine, and the U.S., the EU and its member states, the U.K., and many others—including Japan, Australia, New Zealand, Taiwan and Canada—continue to exert pressure on Russia through expanding sanctions regimes.

Perspective

Jorge Medina Discusses the Market for Clean Energy Tax Credits with Grist

September 15, 2023

Project Development & Finance partner Jorge Medina discussed how companies can buy and sell clean energy tax credits as part of the 2022 Inflation Reduction Act in an interview with Grist.

Perspective

Lorna Chen and Jieni Ji Author Article on China’s New Cybersecurity Rules for Law360

September 15, 2023

Asia Regional Managing Partner and Head of Greater China Lorna Chen (Hong Kong-Investment Funds) and counsel Jieni Ji (Hong Kong-Litigation) authored the article “How Cos. Can Comply with China’s Cybersecurity Rules”, published by Law360 on August 11, 2023.

Perspective

Shearman & Sterling Partner Lara Aryani Discusses Her Legal Career on The Deal Podcast

September 08, 2023

Shearman & Sterling mergers & acquisitions partner Lara Aryani discussed her legal career in an interview on the Drinks with The Deal podcast hosted by legal editor David Marcus.

Perspective

New Seventh Circuit Decision Brings Increased Risk for No-Hire and Non-Solicitation Clauses

September 07, 2023

On August 25, 2023, in Deslandes v. McDonald’s, the Seventh Circuit Court of Appeals vacated and remanded a district court’s dismissal of an antitrust case that challenged no-hire and non-solicitation clauses in McDonald’s franchise agreements.