Shearman & Sterling was awarded “North America Tax Firm of the Year” and “New York Tax Firm of the Year” by the International Tax Review at the recent Americas Tax Awards 2014 in New York.
The annual awards recognize the most innovative tax transactional, structuring, litigation and transfer-pricing work done in North and South America in 2013-2014. The awards are based on submissions by law firms and tax advisory firms, followed by extensive independent research by the International Tax Review that reflects input from a broad spectrum of tax directors, peer reviews and detailed analysis.
Shearman & Sterling was previously recognized as “Americas Banking Tax Firm of the Year, 2012” and “North America M&A Firm of the Year, 2011” by the International Tax Review.
In the past year, the Tax Group played significant roles in several high-profile matters, including SunGard Data Systems’ tax-free split-off of its Availability Services business to a consortium of seven private equity sponsors and Dow Chemical Company’s joint venture with Saudi Aramco to develop a world-scale integrated chemical complex in Saudi Arabia, as well as the Sumner Redstone gift tax litigation in the United States Tax Court.
“We are pleased to be acknowledged once again for our strong tax practice,” said Laurence Bambino, co-head of Shearman & Sterling's global tax practice. “These awards are a reflection of the recognition that our group has earned within the tax community and of the outstanding work the group continues to do year after year.”
Michael Shulman, co-head of the firm’s tax practice and co-Managing Partner of the firm’s Washington, D.C. office , added, “We are very proud of the Tax Group’s remarkable efforts and exceptional work. Winning these two prestigious awards is a tremendous honor, and we look forward to building upon this success.”
Shearman & Sterling's Tax Group has long been a recognized leader in the area of taxation, with tax lawyers in France, Germany, the United Kingdom and the United States. The Group advises on complex matters, represents clients in tax controversies and plays an integral role in the firm’s global practice.
International Tax Review is a leading monthly publication that provides information on cross-border tax issues to tax professionals in industry, government, private practice and research.