Shearman & Sterling LLP multinational law firm headquartered in New York City, United States.

Recent News

Dec 13, 2018

WuXi AppTec’s $1 Billion IPO

Shearman & Sterling advised Morgan Stanley Asia Limited, Huatai Financial Holdings (Hong Kong) Limited, Goldman Sachs (Asia) L.L.C. as joint sponsors and other Joint Global Coordinators and Underwriters on the US$1 billion global offering and initial public offering of WuXi AppTec Co., Ltd. (WuXi AppTec) on the Main Board of The Stock Exchange of Hong Kong Limited.

Dec 11, 2018

$1.7 Billion Financing for Jawa 1 LNG-to-Power Project in Indonesia

Shearman & Sterling advised a consortium led by Pertamina Power Indonesia, Marubeni Corporation and Sojitz Corporation in connection with the development and financing of the US$1.7 billion integrated LNG-to-power project located in West Java Province, Indonesia. The project achieved financial close on December 5, 2018.

Dec 10, 2018

$100 Million Financing for Lucky Bucks, LLC

Shearman & Sterling advised Lucky Bucks, LLC, as borrower, on an amendment that upsized its existing $75 million delayed draw secured term loan facility, agented by Goldman Sachs Specialty Lending Group, L.P., to an aggregate of $100 million in commitments and funded term loans.

Dec 10, 2018

Acquisition Financing of 440 Ninth Avenue

We advised MetLife Real Estate Investors in connection with a $137 million acquisition financing of 440 Ninth Avenue in New York City for Taconic Investment Partners and TH Real Estate.  440 Ninth Avenue is an 18-story, 411,000-square-foot building on New York City’s Far West Side. Taconic and TH purchased the property from Unizo Holdings for $269 million.

Dec 10, 2018

$5 Billion Revolving Credit Facility for Abbott Laboratories

Shearman & Sterling advised JPMorgan Chase Bank, N.A. as administrative agent on a $5 billion unsecured revolving credit facility for Abbott Laboratories.

Dec 10, 2018

Financing of the Acquisition of Ledlenser

Shearman & Sterling advised Bayerische Landesbank and DZ Bank as lenders on the financing of the acquisition of Ledlenser GmbH & Co KG (Ledlenser), a leading manufacturer of LED flashlights and headlamps. The indirect purchaser is AFINUM Achte Beteiligungsgesellschaft mbH & Co. KG  was advised by AFINUM Management GmbH, along with INVISION and the Management Team.  The seller is the Leatherman Tool Group.

Upcoming Events

Dec 19, 2018

Understanding Blockchain Smart Contracts & Diversity in Blockchain

Shearman & Sterling and Diversity in Blockchain are hosting a two-part program featuring Blockmatics co-founder Dr. Solomon Lederer, who will discuss the basics of blockchain smart contracts. Dr. Lederer has been teaching about blockchain and Ethereum for three years and recently co-authored Blockchain: A Practical Guide to Developing Business, Law, and Technology Solutions.

Jan 10, 2019

M&A Engagement Letters: Strategies for Buyers, Sellers, Investment Banks and Their Counsel

Partner Michael Dorf (San Francisco-Mergers & Acquisitions) will participate in a CLE webinar that aims to help M&A counsel prepare engagement letters between a buyer or seller and its investment bank. It will also examine the principal sections of an engagement letter and discuss effective negotiation strategies. The webinar will take place on Thursday, January 10 at 1:00 p.m. ET.

Mar 14, 2019

The New CEO Pay Ratio Rule: Developments and Updates in 2018

Counsel Gillian Emmett Moldowan (New York-Compensation, Governance & ERISA) will be speaking on the live webcast “The New CEO Pay Ratio Rule: Developments and Updates in 2018” sponsored by The Knowledge Group. The presenters will offer a discussion of the current updates regarding businesses’ compliance with the CEO Pay Ratio Disclosure Rule in light of the initial disclosures.