Shearman And Sterling

News

Alexandria Real Estate Equities’ Senior Unsecured Revolving Credit Facility

Nov 23, 2020

Shearman & Sterling advised Citibank, N.A. as administrative agent in connection with a $3 billion senior unsecured revolving facility for Alexandria Real Estate Equities. 

News

Shearman & Sterling Named ‘Champion of Good’ by Singapore’s National Volunteer and Philanthropy Centre

Nov 23, 2020

Shearman & Sterling is proud to be named a Champion of Good 2020 by Singapore’s National Volunteer and Philanthropy Centre (NVPC). The award recognizes our Singapore office’s commitment to create impact driven partnerships that further the United Nations’ Sustainable Development Goals (UNSDG). 

Event

A Look Ahead: State of the Private Real Estate Market Post-U.S. Election

Nov 19, 2020

Shearman & Sterling partner Kris Ferranti (New York-Real Estate) leda discussion with DJ Van Keuren, managing partner and co-founder of Evergreen Property Partners on the U.S. private real estate market post-elections.

Event

Would Your M&A Transaction Withstand a Shareholder Challenge

Nov 19, 2020

On November 19, 2020, Global Managing Partner & Global M&A Practice Group Leader George Casey and M&A Litigation partner Alan Goudiss led a panel discussion together with Dawn Zier, former CEO of Nutrisystem and a director for Hain Celestial, Prestige Consumer Healthcare and Spirit Airlines, during the Corporate Board Member’s 16th annual Boardroom Summit conference.

Perspective

Additional Guidance for Drafting Dedications: Delaware Bankruptcy Court Rejects Southland Dedication

Nov 18, 2020

The oil and gas industry in the United States is highly dependent upon an intricate set of agreements that allow oil and gas to be gathered from privately owned land. Historically, the dedication language in oil and gas gathering agreements—through which the rights to the oil or gas in specified land are dedicated—was viewed as being a covenant that ran with the land. That view was put to the test during the wave of oil and gas exploration company bankruptcies that began in 2014. A shockwave was sent through the oil and gas industry in 2016, when the United States Bankruptcy Court for the Southern District of New York in the In re Sabine Oil & Gas Corp. bankruptcy case held that, under Texas law, the dedication language in the applicable midstream contract did not create a covenant running with the land, but instead amounted only to a right involving personal property that could be separately assumed or rejected in a bankruptcy case.

Event

A Transatlantic Perspective on the Current Trends in EU Merger Control and the Annulment of the UK Mobile Case

Nov 18, 2020

Partner Ben Gris (Washington, D.C.-Antitrust) and counsel Sara Ashall (Brussels-Antitrust) participated in a webinar titled “A transatlantic perspective on the current trends in EU merger control and the annulment of the UK Mobile case” organized by Lexology on November 18, 2020.

Event

Financing Decarbonisation: Green Hydrogen (Projects) Under the Microscope

Nov 18, 2020

Shearman & Sterling and GFC Media Group hosted a virtual panel session titled “Financing decarbonisation: Green hydrogen (projects) under the microscope,” which took place on Wednesday, November 18 at 9:00–10:00 am GMT.

News

Natwest Group Plc’s £1 Billion Sec Registered Contingent Convertible Additional Tier 1 Capital Notes Offering

Nov 17, 2020

Shearman & Sterling represented the underwriters, led by NatWest Markets plc in connection with NatWest Group plc’s (formerly The Royal Bank of Scotland Group plc) offering of £1.0 billion aggregate principal amount of 5.125% reset perpetual subordinated contingent convertible additional tier 1 capital notes.

Event

IBA 2020 Construction Webinar

Nov 17, 2020

Partner Alex Bevan (Abu Dhabi – International Arbitration) participated in the International Bar Association (IBA) 2020 Construction Webinar which took place from November 2-27, 2020.

Perspective

Corporate Governance and Securities Law Update: Latin America Edition

Nov 17, 2020

This newsletter provides a snapshot of the principal U.S. and selected international governance and securities law developments during the third quarter of 2020 that may be of interest to Latin American corporations and financial institutions.