Shearman & Sterling was ranked by Chambers Latin America as the best international counsel in Latin America. The rankings are based on a combination of factors, including value, prominence, scope of work between July 2015 and July 2016, and references among clients and peers. The firm was quoted to be a “stellar international firm with market-leading capabilities in banking and finance matters.” Among the matters supporting this recognition, Chambers Latin America highlighted the firm’s representation of HSBC Mexico in connection with the US$4.5 billion restructuring of Corporación Geo.