Shearman And Sterling

News

Shearman & Sterling Partners Denise M. Grant and Grissel Mercado Named to Latinvex Top 100 Female Lawyers List

October 15, 2021

Two Shearman & Sterling partners, Denise M. Grant (New York-Project Development and Finance) and Grissel Mercado (New York-Capital Markets), have been named to Latin America’s Top 100 Female Lawyers list by Latinvex. This is the third consecutive year that Denise was recognized on the list.

News

Shearman & Sterling Receives the Innovation Award at The New York Legal Awards

October 15, 2021

On October 13, 2021, Shearman & Sterling was awarded The New York Law Journal’s Innovation Award at the annual New York Legal Awards, held at the Marriott Marquis in New York City.

News

Kris Ferranti Receives 50 Under 40 Honors by GlobeSt. Real Estate Forum

October 15, 2021

Partner Kris Ferranti (New York-Real Estate) has been selected by GlobeSt. Real Estate Forum for the publication’s 2021 50 Under 40 series.

Perspective

Pandora Papers Fallout: Proposed US Legislation Targets “Enablers” of Money Laundering

October 15, 2021

The release of the Pandora Papers, a leak of approximately 12 million documents, exposed how foreign leaders and private actors use tax havens to conceal their wealth, with the United States a destination of choice. For example, reports indicate that trust companies in Sioux Falls, South Dakota, established nearly 30 trusts connected to people or companies accused of corruption, human rights abuses or other wrongdoing in some of the world’s poorest countries. Because financial institutions are required to conduct due diligence on their customers and report suspicious transactions, the Pandora Papers provide evidence that corrupt actors rely increasingly on non-bank entities and individuals who are not required to comply with such requirements.

News

The Province of Ontario's $1.0 Billion Bond Offering

October 14, 2021

Shearman & Sterling represented the Province of Ontario in connection with its public offering of $1.0 billion of its 1.800 percent Bonds due October 14, 2031.  Application has been made to the Luxembourg Stock Exchange for the Bonds to be admitted to trading on the Euro MTF Market of the LSE.

News

Learn CW Investment Corporation’s $230 Million IPO

October 14, 2021

Shearman & Sterling advised Evercore ISI as the sole book-running manager on the initial public offering of Learn CW Investment, a SPAC, of 23 million units (which includes 3 million units issued pursuant to the exercise by Evercore ISI of its over-allotment option) at an offering price of $10.00 per unit, each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.

News

Doreen E. Lilienfeld Elected as a 2021 Fellow to the American College of Governance Counsel

October 14, 2021

Doreen E. Lilienfeld, Shearman & Sterling’s Global Governance & Advisory Practice Group Leader and the Compensation, Governance and ERISA/Private Clients Team Leader, has been elected as a 2021 Fellow by the American College of Governance Counsel, the organization for leading corporate governance lawyers from the U.S. and Canada.

Event

PFI 2021 Financing Energy Projects in Asia

October 13, 2021

Shearman & Sterling was pleased to sponsor the 2021 Financing Energy Projects in Asia Virtual Conference organized by Project Finance International (PFI).

Perspective

Higbee, Shores, Stenerson, Mossman Author Competition Litigation 2022 USA Chapter

October 12, 2021

Partners David Higbee, Ryan Shores, Todd Stenerson and associate Rachel Mossman have authored the USA Chapter for the International Comparative Legal Guides – Competition Litigation 2022.

Perspective

Structuring Covenants in Leveraged Financing and High-Yield Bonds

October 12, 2021

Shearman & Sterling partners Maura O’Sullivan and Michael Steinberg conducted a CLE course for Strafford titled, “Structuring Covenants in Leveraged Financing and High-Yield Bonds,” which examined the current market terms and conditions for leveraged loans and high-yield bonds and characteristics common to each type of financing.