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Sidley Austin LLP

Work +1 312 853 7000
Fax +1 312 853 7036

Thomas A. Cole

Work 312/853-7473
Sidley Austin LLP

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United States: M&A/corporate and commercial

Corporate governance

Within: Corporate governance

Sidley Austin LLP provides ‘practical, actionable advice and exceptional service’. The firm helps clients respond to shareholder activist approaches, address shareholder challenges to governance changes, respond to whistle-blower allegations and crises, handle CEO succession, determine director compensation, and conduct internal investigations. Key figures in the Chicago office include the ‘top-notchThomas Cole and the ‘responsive and very knowledgeable’ John Kelsh. New York is home to George Madison and Holly Gregory, while Thomas Kim and Kevin Lewis are based in Washington DC and Houston respectively.

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M&A: large deals ($1bn+)

Within: M&A: large deals ($1bn+)

Sidley Austin LLP has a ‘deep bench’, provides a ‘first-class service’ and is a ‘top-tier firm in energy’. It is capturing additional market share in the $1bn-plus category thanks to further investment in its teams in the US, notably the West Coast, and in Europe. Energy and financial institutions are key sectors for the practice and the firm’s strong regulatory capabilities brings it numerous deals in the telecoms, healthcare and life sciences industries. Telecoms and media deals have grown considerably since the firm launched a Century City office with the hire of Dan Clivner and a team from Simpson Thacher & Bartlett LLP in 2015. Clients include Aon, eBay, General Electric, KPMG, Starwood Property Trust, Walgreen Co, Wells Fargo and Western Union. The firm advised Yum China Holdings on its $10bn cross-border spin-off from Yum! Brands, which involved Yum! Brands selling a stake in its Chinese operations to Primavera Capital and Ant Financial Services, then listing the new independent company on the New York Stock Exchange (NYSE). It also advised Keurig Green Mountain on its $13.9bn going-private acquisition by JAB Holding. In addition, it represented Duke Energy in its $6.7bn acquisition of Piedmont Natural Gas. Key members of the team include Paul Choi and Brian Fahrney, San Francisco’s Sharon Flanagan, Mark Metts in Houston, and Dan Clivner, who operates between the Century City and Downtown Los Angeles offices. New York’s Irving Rotter is ‘exceptionally brilliant’ and Houston-based David Denechaud is ‘thorough’, has ‘great attention to detail’, ‘understands complex concepts quickly’ and ‘cares about his clients and protects their interests’. Seasoned practitioner Thomas Cole retired from the partnership in January 2017 but remains a senior counsel in the firm. Individuals mentioned are based in Chicago unless stated otherwise.

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