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CAPITALMARKETS
Copyright © 2020 Sullivan & Cromwell LLP | LG6156 (6/20) Attorney Advertising. Prior results do not guarantee a similar outcome.
Capital Markets Work Earns Global Recognition
In full-year 2019, S&C was top-ranked in
capital markets league tables, taking the top spot in a total of six categories
in Refinitiv’s Capital Markets Legal Advisors
League Tables and Bloomberg’s Global Legal
Adviser League Tables.
1
Industry and Client Recognition for S&C’s Capital Markets Practice
Band 1 – Capital Markets: EquityChambers Global, 2020
[They] are always available, commercial, pragmatic and experienced.” Chambers Global, 2020
They are my number one firm to go to when stakes are the highest. They are incredibly proactive and incredibly knowledgeable.”Chambers Global, 2019
At the Forefront of Innovation in Capital Markets Matters
With a depth of experience that
stretches back to the preparation of the
first major registration statement under
the Securities Act, Sullivan & Cromwell’s
role in the development of global capital
markets is unmatched. Our lawyers
were instrumental in the drafting and
development of the Securities Act of
1933, the Securities Exchange Act of
1934, and the Investment Company Act
of 1940. S&C has also played a key role
in developing modern capital markets
in many countries, including in Europe
and in Asia and being at the forefront
of the privatization wave of the 1990s.
Our standing in today’s global league
tables further solidifies the breadth of
our knowledge and reach of our practice.Band 1 – Japan: Capital Markets: International: US Law Chambers Asia-Pacific, 2020
They have significant experience and knowledge of international offerings and their work is reliable.” Chambers Asia-Pacific, 2020
Band 1 – Germany: Capital Markets: Equity Chambers Europe, 2020
Sullivan & Cromwell offers high-quality consultancy and is a very reliable partner during IPOs.” Chambers Europe, 2020
Practice Group of the Year for Capital MarketsLaw360, 2019
32
United States
#1 law firm (Thomson) ($133.7b total value; 93 total no.) debt and equity Counsel to issuer
Germany
#1 law firm (Thomson) ($37.8b total value; 19 total no.) debt and equity Counsel to issuer
Asia-Pacific
#1 U.S. law firm (Thomson) ($31.2b total value; 23 total no.) debt and equity Counsel to issuer
Australia
#1 U.S. law firm (Thomson) ($12.0b total value; 14 total no.) debt and equity Counsel to issuer
Budweiser Brewing Company APAC Limited (Hong Kong) Largest Hong Kong IPO in 2019
$5.75 billion IPO, spin-off from Anheuser-Busch InBev SA/NV and listing on the Hong Kong Stock Exchange, 2019
Counsel to the issuer as to U.S. and HK laws
Jumia Technologies AG (Germany)$225.1 million IPO and NYSE listing, 2019
Counsel to the issuer as to U.S. and German laws
Tyro Payments (Australia) Largest IPO on ASX in 2019
A $287.2 million (approximately $197 million) Rule144A/Reg S IPO and listing on the
Australian Securities Exchange Counsel to the issuer
Levi Strauss & Co. (U.S.)$717 million SEC-registered IPO and
NYSE listing, 2019 Counsel to the underwriters
A Truly Global LeaderFY 2019
54
Budweiser Brewing Company APAC � S&C advised Anheuser-Busch InBev’s subsidiary, Budweiser Brewing Company APAC Limited, in
its $5.75 billion global offering and listing of shares on the Hong Kong Stock Exchange. This is 2019’s third-largest IPO globally and highest-value IPO in Hong Kong.
� Bud APAC is the largest beer company in Asia Pacific by retail sales value and one of the most profitable Asia-based beer companies.
� AB InBev sold 12% of Bud APAC, valuing Bud APAC at approximately $45 billion.
� S&C advised on U.S. and Hong Kong law matters, including the corporate reorganization associated with the IPO and ongoing connected transactions between AB InBev and Bud APAC.
� Bud APAC will continue to have access to AB InBev’s portfolio of global and multi-country brands, while AB InBev will continue to control a majority ownership of Bud APAC.
Levi Strauss � S&C represented the underwriters on Levi Strauss & Co.’s $717 million IPO.
� The 166-year-old company first went public in 1971, but has been private for more than 30 years.
� The offering consisted of 14.961 million shares sold by the company and 27.206 million shares sold by existing stockholders.
� S&C acted as counsel to the underwriters led by Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC as joint lead bookrunning managers.
� Listed on the New York Stock Exchange under the symbol “LEVI,” shares of the company surged 32% in their debut, giving the company a market capitalization of $8.7 billion.
� The family continued to hold nearly 81% of voting power through the company’s dual share structure.
Softbank � S&C advised SoftBank, as issuer, and SoftBank Group and the wholly-owned subsidiary of
SoftBank Group acting as selling shareholder in its ¥2.65 trillion (approximately $23.55 billion) IPO. This is Japan’s largest IPO and the third-largest IPO of all time.
� The IPO was structured as a dual-listing. Although common in Japan, dual-listings are unfamiliar to many overseas investors. S&C guided SoftBank and SoftBank Group through the related issues, including explaining in disclosure documentation the attendant benefits and attendant risks involved in a dual-listing.
� The IPO was extremely high profile, which created challenging publicity issues, especially around SoftBank Group’s communication with its investors as a public company.
� The transaction also confronted regulatory headwinds as the Japanese telecommunications industry faced criticism from a number of key members of the Japanese government and government-related bodies, which had the potential to negatively affect investors’ views of SoftBank and raise difficult disclosure issues.
IPO Case Studies
ISSUER NAME COUNSEL VALUE ($ MILLIONS)
Saudi Arabian Oil Company $25,601
Alibaba Group Holdings Inc. Underwriters and Selling Shareholders $25,030
SoftBank Corp. Issuer $23,550
The Agricultural Bank of China Ltd. $22,100
Industrial and Commercial Bank of China (ICBC) Strategic Investors $21,900
AIA Group Ltd. Underwriters $20,500
Visa Inc. $19,600
General Motors Co. $18,100
NTT Mobile Communications Network Inc. Issuer $18,000
ENEL S.p.A. Issuer and Selling Shareholders $16,600
Sullivan & Cromwell has extensive experience in advising issuers, their
underwriters or selling shareholders on initial public offerings and listings both
inside U.S. and around the globe. S&C has built a solid reputation as the law
firm of choice when it comes to global IPOs, having worked on over 600 IPOs,
including six of the top ten IPOs of all time.
A Go-To Firm for Complex, Global IPOs
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Full Scope of Service
We are a market leader, familiar with market trends, market practice and regulatory developments. Our clients can choose from among the best known firms in the world but
our clients tell us they hire S&C instead of other firms because:
Creative Problem Solving
We bring creative problem solving to the most complex issues arising in transactions. Because of our close teams and collaborative culture, we bring the expertise of the entire Firm to accomplish our clients’ commercial and strategic objectives.
Close Team
Nearly all S&C partners have been with the Firm and have worked closely with each other since the start of their careers.
Recognized Expertise
Led by over 40 partners worldwide, our Capital Markets group offers a deep bench of top lawyers in the field with access to the full range of the Firm’s expertise.
Integrated Firm
Through our 13 offices on four continents, we act as one firm on a global scale taking an integrated approach to all client matters worldwide.
Authoritative Source
As thought leaders, S&C lawyers keep our clients informed on the critical and pressing topics in the industry through client memos, articles, speaking engagements, podcasts and webinars. We frequently partner with bar associations, universities, industry groups and learning organizations to help our clients address their needs and stay at the forefront of knowledge and practice. In addition to providing timely updates, S&C lawyers have authored and published numerous authoritative reference sources on securities laws for legal practitioners and business professionals, including The Public Company Deskbook: Compliance with Federal Governance & Disclosure Requirement, written by partners Robert E. Buckholz and Marc R. Trevino and described by Fortune Magazine as “the bible for securities lawyers,” and WpPG und EU-ProspektVO, written by partners Carsten Berrar and York Schnorbus and considered a treatise on German securities laws.
Expertise Tailored for Each Phase of a Transaction
We bring a depth of experience and understanding of the client’s objectives to develop key strategies at each phase of a transaction.
Pre-IPO Structuring & Tax Advice
FinancialInformation
Prospectus
Due Diligence
Research
Publicity
CorporateGovernanace Marketing
Offer Structure& Execution
Listing
Executive Compensation & Benefits
Ongoing Disclosure &ReportingRequirements
98
Market-Leading Capital Markets Practice
S&C has built a solid reputation
by working on some of the biggest
and most notable capital markets
transactions of the last decade. Ours is
a truly integrated “global” practice.
We marshall the full resources of the
Firm across all relevant practice groups
and jurisdictions in a way that our
competitors simply do not. The Group
executes a wide variety of transactions
across industries and geographic
regions. We have extensive experience
advising issuers, underwriters and
selling shareholders on first-time listings
and IPOs; share repurchase programs;
privatizations; investment grade debt;
high-yield debt; convertible notes;
follow-on offerings; rights offerings;
spin-offs; liability management
transactions; and private placements.
Highlights from the Debt Capital MarketsIn 2019, the securities industry saw the strongest-ever annual period for debt issuance activity.
2019 Market Activity Proceeds Change from 2018
Overall Debt Capital Markets $7.7 trillion (all-time record) 14%
Total International Bond Offerings $4.0 trillion 9%
Total U.S. Investment Grade Corporate Debt Offerings $1.1 trillion 2%
Total Global High-Yield Corporate Debt Offerings $406.8 billion 54%
Global Bonds (Out of $1,562b total market value)
Source: Bloomberg, January 2020
S&C $81.1 (5.2%)
FY 2019 Debt Capital Markets League Tables S&C ranks as the number one issuer’s counsel in the following DCM league tables. (Ranked by value ($ billions) and percentage of total)
$71.2 (4.6%)
$60.6 (3.9%)
$57.9 (3.7%)
$29.3 (1.9%)
US Straight Debt Excluding ABS & MBS(Out of $2,030b total market value)
Source: Refinitiv, January 2020
$132.3 (6.5%)
$114.6 (5.6%)
$112.7 (5.6%)
$106.6 (5.3%)
$96.9 (4.8%)
Australian International Bonds(Out of $50b total market value)
Source: Refinitiv, January 2020
$12.5 (25.1%)
$5.3 (10.7%)
$3.7 (7.5%)
$2.2 (4.5%)
$1.4 (2.9%)
German Bonds (Out of $336b total market value)
Source: Thomson, January 2020
$37.2 (11.1%)
$14.5 (4.3%)
$10.0 (3.0%)
$8.3 (2.5%)
$3.9 (1.2%)
Source: Refinitiv, 2020
S&C
S&C
S&C
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Diverse Industry RepresentationsIPO and Other Equity
AT&T Inc. (U.S.)
� $1.95 billion private placement of certain preferred interests of subsidiary Pagoda Holdings, which holds secured promissory notes from certain AT&T entities, 2019Counsel to the issuer
� $1.2 billion SEC-registered offering of depositary shares, 2019Counsel to the underwriters
Delivery Hero S.E. (Germany)
� €1.15 billion sale of ordinary shares, 2019 � €50.6 million Rule 144A Eligible/Reg S offering of ordinary
registered shares, 2019Counsel to the issuer
BeiGene (China)
� $903 million global offering and Hong Kong listing, 2018Counsel to the shareholder and investor The largest and one of the first IPOs by a biotech company under the new Hong Kong listing rules for biotech issuers, and the largest biotech company IPO worldwide in 2018
First Republic Bank (U.S.) � $173.5 million Section 3(a)(2) offering of shares of common
stock, 2019 � $500.8 million aggregate total amount of two Section 3(a)(2)
offerings of shares and depositary shares, 2018 � $672 million aggregate total amount of three Section 3(a)(2)
offerings of common stock, 2017 Counsel to the issuer
Global Fashion Group S.A. (GFG) (Luxembourg)
� €198 million ($224 million) IPO and listing on the Frankfurt Stock Exchange, 2019Counsel to the issuer
They are good at finding solutions as opposed to just saying no all of the time. They are definitely a tier one capital markets group.”Chambers Global, 2019
Integra LifeSciences (U.S.)
� $353.2 million follow-on offering of shares of common stock, 2018Counsel to the issuer
SG Holdings (Japan)
� ¥127.616 billion ($1.135 billion) IPO and Tokyo listing, 2017Counsel to the issuerWon Deal of the Year and Equity Market Deal of the Year by Asian Legal Business in 2018
Viva Energy Group Limited (Australia) Largest Australian IPO in 2018
� A$2.65 billion (approximately $2 billion) Rule 144A/Reg S IPO and listing on the Australian Securities Exchange, 2018Counsel to the underwriters
ProSight Global, Inc. (U.S.)
� $110 million SEC-Registered IPO and listing on the NYSE, 2019Counsel to the issuer
Siemens Healthineers (Germany) Largest European IPO in 2018
� €4.2 billion (approximately $5.2 billion) Rule 144A/Reg S IPO and listing on the Frankfurt Stock Exchange, 2018Counsel to the underwriters
China East Education Holdings Limited (China)
Largest-ever IPO in the education sector globally
� $625 million IPO and listing on the Hong Kong Stock Exchange, 2019Counsel to the underwriters
They are extremely knowledgeable across all relevant areas of capital markets law in the context of equity offerings.”Chambers Global, 2019
AXA Equitable Holdings, Inc. (U.S.)
� $725 million SEC-registered offering of depositary shares, 2019 � $943 million SEC-registered offering of common stock, 2019
Counsel to the underwriters � $3.2 billion SEC-Registered IPO and listing on the NYSE, 2018
Counsel to the underwriters and initial purchasers
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Diverse Industry Representations continued
Investment Grade Debt
My first impression is the high quality of work that they perform and how quickly things get done. The quality of work exceeds that of other law firms and they never miss a beat. Every associate we have worked with has an amazing work ethic and is very smart. They develop a very good rapport with their clients.”Chambers USA, 2019
Aetna, Inc. (U.S.)
� $13.0 billion SEC-registered offering of notes, 2016 Counsel to the underwriters
Anheuser-Busch InBev (Belgium)
� $6 billion SEC-registered offering of senior unsecured notes, 2020 � $15.0 billion SEC-registered offering of notes, 2019 � $10.0 billion SEC-registered offering of notes, 2018 � C$2.0 billion Reg S offering of notes, 2017 � £2.25 billion Reg S offering of notes, 2017
Counsel to the issuer
AT&T (U.S.) � $9.58 billion aggregate principal amount of two SEC-
registered offerings of notes, 2019 � $12.0 billion aggregate total amount of seven SEC-registered
and Reg S offerings of notes, 2018 � $47.5 billion aggregate total amount of nine SEC-registered
offerings of notes, 2017Counsel to the underwriters
Bayer AG (Germany)
� $15.0 billion Rule 144A/Reg S offering of notes, 2018 � €4.0 billion Rule 144A/Reg S offering of mandatory
convertible bonds, 2016Counsel to the issuer
CIT Group Inc. (U.S.)
� $550 million Section 3(a)(2) offering of senior unsecured fixed-to-floating rate notes, 2019
� $550 million Section 3(a)(2) offering of senior unsecured fixed-to-floating rate notes, 2019
� $100 million SEC-registered offering of fixed-to-floating rate subordinated notes, 2019Counsel to the issuer
Fiserv, Inc. (U.S.)
� $9.0 billion SEC-registered offering of senior unsecured notes, 2019
� €1.5 billion SEC-registered offering of senior unsecured notes, 2019
� £1.05 billion SEC-registered offering of senior unsecured notes, 2019Counsel to the issuer
They’re very good, they were able to provide effective and efficient solutions of good quality. The firm provides extensive and comprehensive services on general corporate governance, legal and regulatory advice. They support capital market transactions with strong commercial awareness and business acumen.”Chambers Global, 2019
The Goldman Sachs Group, Inc. (U.S.) � $8.0 billion aggregate total of three SEC-registered offerings
of notes, 2020 � $2.251 billion aggregate total of two SEC-registered
offerings of notes, 2019 � $1 billion Section 3(a)(2) offering of floating rate notes, 2019
Counsel to the underwriters
United Technologies Corporation (U.S.)
� $11.0 billion SEC-registered offering of notes, 2018Counsel to the underwriters
Cameron LNG, LLC (U.S.)
� $3.02 billion Rule 144A/Reg S offering of fixed rate senior secured notes, 2019Counsel to the issuer
Equinor ASA (Norway)
� $5.0 billion SEC-registered offering of notes, 2020 � $1.0 billion SEC-registered offering of notes, 2019 � $1.0 billion SEC-registered offering of notes, 2018
Counsel to the issuer
Commonwealth Bank of Australia (Australia)
� $5.0 billion aggregate total amount of Rule 144A/Reg S offerings of notes, 2019
� $2.5 billion aggregate total amount of Rule 144A/Reg S offerings of notes, 2018Counsel to the issuer
Caterpillar Financial Services Corporation (U.S.)
� $2.0 billion SEC-registered offering of notes, 2020 � $5.35 billion aggregate total amount of SEC-registered
offerings of notes, 2019 � $3.15 billion aggregate total amount of SEC-registered
offerings of medium-term notes, 2018Counsel to the underwriters
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Diverse Industry Representations continued
High-Yield Debt
Mineral Resources Limited (MRL) (Australia)
� $700 million Rule 144A/Reg S offering of high-yield notes, 2019MRL’s first-ever offering of high-yield notes and represents the largest debut offering by an Australian issuer in recent yearsCounsel to the issuer
Spirit AeroSystems Inc. (U.S.)
� $1.2 billion Rule 144A/Reg S offering of senior secured second lien high-yield notes, 2020Counsel to the issuer
United Mexican States � $11.8 billion aggregate total amount of SEC-registered
offerings of notes, 2020 � $5.6 billion aggregate value of SEC-registered offerings of
notes, 2019 � €2.5 billion SEC-registered offering of global notes, 2019 � $5.0 billion aggregate value of SEC-registered offerings of
notes, 2018Counsel to the underwriters
Republic of Panama � $2.5 billion SEC-registered offering of global notes, 2020
Panama’s largest global bond offering in its history � $3.3 billion aggregate value of SEC-registered offerings of
global bonds, 2019 � $1.0 billion Rule 144A/Reg S offering of notes, 2019 � $1.75 billion SEC-registered offering of notes, 2018
Counsel to the underwriters
Corporación Andina de Fomento (Multilateral)
� €750 million Reg S offering of green bonds, 2019 � $U1.8 billion offering of notes, 2019 � $1.25 SEC-registered offering of global notes, 2019 � €750 million Reg S offering of notes, 2019
Counsel to the issuer
KfW Bankengruppe (Germany)
� $19.2 billion aggregate value of SEC-registered offerings of bonds, 2020
� $29.5 billion aggregate value of SEC-registered offerings of bonds, 2019
� $63.4 billion aggregate value of SEC-registered offerings of bonds, 2018Counsel to the Issuer
European Investment Bank (Luxembourg)
� $4.0 billion SEC-registered offering of notes, 2020 � $14.0 billion aggregate value of SEC-registered offerings of
notes, 2019 � $16.0 billion aggregate value of SEC-registered offerings of
notes, 2018Counsel to the underwriters
International Bank for Reconstruction and Development/World Bank (Multilateral)
� $21.3 billion aggregate of offerings of notes, 2020 Including the largest single issuance in history by IBRD at $8 billion
� $6.0 billion aggregate value of offerings of global notes, 2019 � $8.7 billion aggregate value of 3(a)(2) offerings of notes, 2018
Counsel to the underwriters
Sovereign and Supranational Finance
United Rentals (North America) (U.S.)
� $1.5 billion aggregate amount of SEC-registered offerings of high-yield notes, 2019Counsel to the issuer
Vrio Corp. (U.S.)
� $1.0 billion Rule 144A/Reg Soffering of high-yield notes, 2018Counsel to the issuer
Adient US LLC (U.S.)
� $600 million Rule 144A/Reg S offering of senior first lien high-yield notes, 2020Counsel to the issuer
Arconic Corporation (U.S.)
� $700 million Rule 144A/Reg S offering of senior secured high-yield notes, 2020Counsel to the issuer
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S&C lawyers were instrumental in the drafting and development of the Securities Act of 1933, Securities Exchange Act of 1934 and Investment Company Act of 1940, and we remain one
of the most experienced law firms in matters before the SEC. S&C lawyers also have extensive experience dealing with non-U.S. regulators, including the EU European Securities and Markets Authority, British Financial Conduct Authority, German Federal Financial Supervisory Authority, French Financial Market Authority and Hong Kong Securities and Futures Commission. We use our expertise to serve clients worldwide in a variety of ways, including:
� Advising issuers across a range of their public reporting and market disclosures;
� Advising management and boards dealing with complex accounting and financial reporting issues;
� Handling internal investigations and other matters in response to regulatory enforcement activity related to accounting, SOX, FCPA and other matters;
� Reviewing earnings releases, ad-hoc publications of inside information and other public statements to ensure compliance with the use and disclosure of non-GAAP and non-IFRS financial measures, Regulation FD, EU Market Abuse Regulation (MAR) and other requirements and best practices;
� Helping to craft MD&As and risk factors to reflect the evolving issuer- and industry-specific business risks and regulatory developments;
� Ensuring that issuers’ proxy statements communicate (and celebrate) their adherence to corporate governance best practices and clearly convey any of the issuers’ efforts to be responsive to shareholders;
� Collaborating with issuers on all aspects of responding to shareholder proposals, including (i) advising about potential bases to exclude proposals from an issuer’s proxy statement and drafting associated no-action request letters, (ii) negotiating settlements with proponents, and (iii) drafting statements in opposition;
� Adapting CD&A disclosures to address issuers’ evolving compensation and benefit programs, regulatory requirements and proxy advisor scoring systems;
� Advising clients on all aspects of trading compliance, including the use of 10b5-1 plans by executives and issuer share repurchase programs;
� Assisting clients in crisis management responses, including evaluating when, to what extent and in what manner such events (such as in response to regulatory investigations or cyber-security incidents) are required to be disclosed or other actions may be required to be taken; and
� Assisting clients with responding to whistleblower activity.
S&C regularly advises the following companies, among others, on securities disclosures and compliance matters:
AIGAmerican Express AmgenAnheuser-Busch InBevAT&TAXABank of IrelandBaxter InternationalBP China MobileCitizens Financial Delivery HeroDiageoDonnelley FinancialEnbridgeEniFoxconn Interconnect TechnologyGoldman Sachs INGIntercontinental Exchange Jumia TechnologiesMadison Square Garden Regions Financial Ryder System SchaefflerStandard CharteredTLG Immobilien Tsingtao BreweryUBSUnited Rentals Wells Fargo
Corporate Governance and Disclosure
1918
Contacts
Ari B. Blaut New York +1 212 558 1656 blauta@sullcrom.com
Patrick S. BrownLos Angeles +1 310 712 6603 brownp@sullcrom.com
Robert E. BuckholzNew York +1 212 558 3876 buckholzr@sullcrom.com
Catherine M. ClarkinNew York +1 212 558 4175 clarkinc@sullcrom.com
Donald R. Crawshaw New York +1 212 558 4016 crawshawd@sullcrom.com
Robert G. DeLaMaterNew York +1 212 558 4788 delamaterr@sullcrom.com
Robert W. DownesNew York +1 212 558 4312 downesr@sullcrom.com
John E. EstesNew York +1 212 558 4349 estesj@sullcrom.com
William G. Farrar New York +1 212 558 4940 farrarw@sullcrom.com
Jared M. Fishman New York +1 212 558 1689 fishmanj@sullcrom.com
Sergio J. Galvis New York +1 212 558 4740 galviss@sullcrom.com
Marion Leydier New York +1 212 558 7925 leydierm@sullcrom.com
USA
Christopher L. MannNew York +1 212 558 4625 mannc@sullcrom.com
S. Neal McKnightNew York +1 212 558 3316 mcknightn@sullcrom.com
Scott D. Miller New York +1 212 558 3109 millersc@sullcrom.com
Inosi M. Nyatta New York +1 212 558 7822 nyattai@sullcrom.com
Rita-Anne O’Neill Los Angeles +1 310 712 6698 oneillr@sullcrom.com
Sarah P. PaynePalo Alto +1 650 461 5669 paynesa@sullcrom.com
USA
Robert W. Reeder III New York +1 212 558 3755 reederr@sullcrom.com
Alison S. Ressler Los Angeles +1 310 712 6630 resslera@sullcrom.com
Robert S. RisoleoWashington, D.C. +1 202 956 7510 risoleor@sullcrom.com
John L. Savva Palo Alto +1 650 461 5610 savvaj@sullcrom.com
Rebecca J. Simmons New York +1 212 558 3175 simmonsr@sullcrom.com
Benjamin H. Weiner New York +1 212 558 7861 weinerb@sullcrom.com
2120
Chris BeattyLondon +44 20 7959 8505 beattyc@sullcrom.com
Carsten Berrar Frankfurt +49 69 4272 5506 berrarc@sullcrom.com
Vanessa K. BlackmoreLondon +44 20 7959 8480 blackmorev@sullcrom.com
Kathryn A. CampbellLondon +44 20 7959 8580 campbellk@sullcrom.com
Krystian CzernieckiFrankfurt +49 69 4272 5525 czernieckik@sullcrom.com
Olivier de VilmorinParis +33 1 7304 5895 devilmorino@sullcrom.com
John Horsfield-BradburyLondon +44 20 7959 8491 horsfieldbradburyj@sullcrom.com
John O’ConnorLondon +44 20 7959 8515 oconnorj@sullcrom.com
Clemens RechbergerFrankfurt +49-69-4272-5200 rechbergerc@sullcrom.com
Evan S. SimpsonLondon +44 20 7959 8426 simpsone@sullcrom.com
William D. Torchiana Paris +33 1 7304 5890 torchianaw@sullcrom.com
EMEA
Contacts continued
Garth W. Bray Hong Kong +852 2826 8691 brayg@sullcrom.com
Keiji Hatano Tokyo +81 3 3213 6171 hatanok@sullcrom.com
Waldo D. Jones Jr.Sydney: +61 2 8227 6702 Melbourne: +61-3-9635-1500 jonesw@sullcrom.com
Ching-Yang Lin Hong Kong +852 2826 8606 linc@sullcrom.com
ASIA-PACIFIC
Jamieson J. LogieHong Kong +852 2826 8688 logiej@sullcrom.com
Kay Ian NgHong Kong +852 2826 8601 ngki@sullcrom.com
Chun WeiHong Kong +852 2826 8666 weic@sullcrom.com
Gwen WongBeijing +86 10 5923 5967 wonggw@sullcrom.com
2322
Contacts continued
CANADA
Robert E. BuckholzNew York +1 212 558 3876 buckholzr@sullcrom.com
Catherine M. ClarkinNew York +1 212 558 4175 clarkinc@sullcrom.com
Robert G. DeLaMaterNew York +1 212 558 4788 delamaterr@sullcrom.com
John E. EstesNew York +1 212 558 4349 estesj@sullcrom.com
LATIN AMERICA
Werner F. AhlersNew York +1 212 558 1623 ahlersw@sullcrom.com
Sergio J. Galvis New York +1 212 558 4740 galviss@sullcrom.com
Christopher L. MannNew York +1 212 558 4625 mannc@sullcrom.com
Robert S. RisoleoWashington, D.C. +1 202 956 7510 risoleor@sullcrom.com
Donald R. Crawshaw New York +1 212 558 4016 crawshawd@sullcrom.com
One Firm Worldwide
13 Offices
United States
720+ Lawyers
Europe
120+ Lawyers
Asia/Pacific
50+ Lawyers
8 Countries
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www.sullcrom.com
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Diversity, Equity & Inclusion
At S&C, diversity and inclusion are more than just programs—they’re an indispensable part of our culture and are interwoven in to everything we do. Our people are our greatest
strength: we’re dedicated to attracting and retaining the most diverse talent possible; we’re committed to providing our lawyers with opportunities for candid dialogue regarding diversity and inclusion; and we continue to partner with external organizations that share our dedication to growing the pipeline of diverse lawyers.
44Our lawyers speak 44 different
languages fluently
50%Our 10-member Management
Committee is diverse with 2 women, 1 Latinx and 2 LGBT partners
10%One of the highest percentages
of LGBT partners among large NYC law firms
They are very commercial, as well as knowing the law, and extremely rigorous. They handle complexity extremely well, are excellent at communicating, and are sensitive to different cultures while still giving great advice.” Chambers Global
33%Associates are racially diverse
“
Commitment to Diversity, Equity & Inclusion
S&C is committed to fostering a diverse and inclusive work environment. We believe the broader the array of backgrounds, perspectives and life experiences from which we have to draw, the broader the lens through which the complex legal issues we work on can be viewed, leading us to provide the most innovative solutions for our clients. Accordingly, the Firm’s culture and policies value the unique abilities and perspectives of every individual and support diversity in its broadest sense, including race, gender, ethnicity, sexual orientation, gender identity, gender expression, disability and religious affiliation.
Pro Bono
Commitment to pro bono work has been a core value of S&C since our founding. Over the years, we’ve helped clients and nonprofit organizations in need, changing lives and making
legal history. Today, our pro bono practice, which is led by Special Counsel Jessica Klein, spans a wide range of issues and reflects the diversity of our lawyers’ interests.
Our culture of excellence extends to the hundreds of pro bono matters we handle every year. In addition to helping others, pro bono work contributes significantly to our lawyers’ personal and professional development and further sharpens their legal skills. Our pro bono practice includes innovative projects that allow for the type of creative, dynamic lawyering that is the hallmark of our work for corporate clients.
Our programs include: asylum applications; adoption cases; estate planning for HIV-positive patients; impact litigation with the ACLU-LGBT Rights Project; transgender name changes; the Bet Tzedek Holocaust Reparations Project; not-for-profit incorporations, including arts groups; human rights-related research projects; and voting rights protection.
350+
58K+
Current pro bono projects worldwide
Hours devoted to pro bono in 2019
BY THE NUMBERS As of December 31, 2019
2726
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S&C Online Resources
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Tune in to S&C Critical Insights, a podcast series bringing you perspectives on the latest developments in law, business and policy.
Track FCPA investigations and enforcement activity and monitor the compliance landscape on the Foreign Corrupt Practices Act Clearinghouse, created in collaboration with Stanford Law School.
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