| 31 March 2016

Five Shearman & Sterling lawyers—partners Jonathan DeSantis (New York-Capital Markets/Finance), David Dixter(London-Capital Markets), Agnès Dunogué (New York-Litigation) and Jeremy Kutner (London-Mergers & Acquisitions), and counsel Dan Feldman (Abu Dhabi-Project Development & Finance)—have been named “Rising Stars” by Law360.

These awards recognize “attorneys under the age of 40 whose legal accomplishments belie their age,” according to Law360. The Rising Stars were selected from more than 1,100 submissions from 87 law firms around the world spanning 32 different practice areas. Shearman & Sterling is one of only eight law firms with five or more lawyers named this year.

This is Kutner’s second Law360 Rising Stars recognition in three years. All five lawyers will be profiled in Law360 in the coming weeks.

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Mergers & Acquisitions | 29 March 2016

Partner George Casey, head of Shearman & Sterling’s Global Mergers & Acquisitions Group, has been named a “Dealmaker of the Year” for 2016 by The American Lawyer.

The magazine praises Casey for his work leading the Shearman & Sterling team on The Dow Chemical Co.’s spinoff of its chlor-alkali and derivatives business. The $5 billion spinoff, combining “almost every existing transaction you can think of as an M&A lawyer,” Casey said, included a carve-out, equity and debt exchanges and a public company merger. In this transaction, Dow separated a significant portion of its chlorine value chain and merged the new entity with Olin Corporation, which acquired the assets using a Reverse Morris Trust, a tax-efficient structure more commonly used for pre-existing subsidiaries but not carve-outs. In the end, it took eight practice groups more than 18 months and 2,000 documents to complete the transaction.

Casey has also been recognized and recommended as a leading M&A practitioner by Chambers Global, Chambers USA, Legal 500 US and IFLR1000.

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TMT | 27 September 2017

The introduction of the internet as a delivery platform and the digitisation of audio visual (AV) content have triggered major changes in the media sector. The shift from a relatively closed media system, controlled and broadcast linearly, to an open media ecosystem where the audience chooses its favourite content on-demand not only represents a challenge to the traditional media companies, but has also stirred consumer expectations towards being now able to access content ‘anytime, anywhere, on any device’.

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Projects, energy and natural resources | 13 June 2016

It seems that lower oil prices are here to stay, at least in the short to medium term. While some in the sector built cash reserves during the boom years or have already renegotiated with their creditors, several are looking at some form of restructuring. This can range from opex/capex reductions to balance sheet restructurings. Here are seven questions that oil and gas sector management (particularly the general counsel and chief financial officer) should consider when considering a restructuring: [Continue Reading]

Technology, Media and Telecoms | 15 March 2016

As online advertising continues its rapid growth, online ad revenues become an ever more important opportunity (and/or threat) for many TMT businesses. How these growing markets are treated by antitrust agencies can be critical to strategy – either in terms of M&A or defending business models from the actions of other market participants. This article looks at some of the issues that online advertising markets raise for antitrust agencies and how these issues have been considered to date. [Continue Reading]