Of Counsel Andrew “Buddy” Donohue (New York-Investment Funds) delivered the keynote address at the SEC Regulation Outside the United States 21st Annual Conference on June 19 in London.

The Delaware Court of Chancery recently delivered the latest in a line of decisions refining the application of statutory stockholder appraisal rights in M&A transactions. 

Partner Iain Elder (London-Project Development & Finance), head of the firm's Africa Group, will be speaking at the 2018 African Energy Forum (AEF).

Many private companies rely on Rule 701 to efficiently issue stock and options to recruit and retain talent.  However, the SEC’s demonstrated interest in pursuing enforcement actions relating to Rule 701 compliance emphasizes the need for private companies to carefully track the aggregate amount of their compensatory equity awards, and to be mindful of the limits and conditions required for the Rule 701 exemption to apply.

Shearman & Sterling acted as the M&A counsel to Gebr. Knauf KG in connection with its $7 billion acquisition of USG Corporation. The combined company will have global manufacturing and sales operations for gypsum wall board, ceiling products and fiberglass insulation with approximately 36,000 employees around the world.

Partner Barnabas Reynolds (London-Financial Institutions Advisory & Financial Regulatory) is mentioned several times in a U.K. Parliament European Scrutiny Committee meeting.

Shearman & Sterling was awarded its fourth Gold Standard Certification by The Women in Law Empowerment Forum (WILEF). The WILEF Gold Standard Certification is granted to major law firms that meet objective criteria concerning the number of women among equity partners, in firm leadership positions and in the ranks of their most highly compensated partners.

Partner Mei Lian (London-Finance) was recognized as the best lawyer in Insolvency & Restructuring at the Euromoney Europe Women in Business Law Awards 2018.

On June 14, Justice Ginsburg, writing for a unanimous U.S. Supreme Court, reversed a 2016 opinion by the Second Circuit and held that a foreign government’s interpretation of its own law is not binding on U.S. courts.

Shearman & Sterling was recognized by the Financial Times (FT) at the FT Asia-Pacific Innovative Lawyers Awards 2018, held in Hong Kong on June 7.