Firm Profile > Shearman & Sterling LLP > London, England

Shearman & Sterling LLP
9 APPOLD STREET
LONDON
EC2A 2AP
England

Debt capital markets Tier 2

Shearman & Sterling LLP frequently advises issuers in the EMEA region looking to raise debt capital under New York and English law. Its recent work included a large MTN programme for a major oil company, an inaugural hybrid green bond and numerous high-value standalone dollar-denominated bond issues. The six-partner practice is led by European capital markets head (and New York-qualified partner) David Dixter. Up-and-coming partner Pawel Szaja heads up the emerging Europe and DACH desks, with the latter focusing on Germany, Austria and Switzerland. Qualified in New York, the UK and Ireland, he has an in-depth understanding of German-speaking and emerging markets. Marwa Elborai and Trevor Ingram both advise issuers, sponsors and underwriters on investment grade debt and high-yield deals.

Practice head(s):

Key clients

Citycon Oyj

Bank of American and Unspecified Investment Bank

Partner Communications

NatWest Market Securities

The Royal Bank of Scotland Group

Emerging markets Tier 2

Shearman & Sterling LLP 'brings its knowledge of solving similar problems in other jurisdictions to new emerging markets'. The firm has a strong bench of lawyers for emerging market project development and financings and an impressive track record in jurisdictions such as Kenya, Mozambique, Nigeria, Kazakhstan and Brazil. It brings to bear its in-depth sector expertise in power, oil and gas, infrastructure, metals and mining. Iain Elder is Europe and Middle East project development and finance practice leader and heads the Africa strategy for this practice. 'A star performer and a real dealmaker', Nicholas Buckworth  is global head of finance and has extensive experience in project development. Sanja Udovicic is 'an outstanding individual who is highly committed to her clients'. Also recommended are up-and-coming partners Anthony Lepere and Lachlan Poustie, and senior associates Elizaveta Bazarova and Colm Ó hUiginn, who are recommended for 'helping stakeholders with the complexity involved in delivering major projects'.

Practice head(s):

Testimonials

‘Shearman & Sterling is an exceptional law firm. They go the extra mile for their clients – absolutely outstanding!’

‘Sanja Udovicic is an outstanding individual who is highly committed to her clients. She makes the difference and bring deals to a successful closing. Even our counterparties on the other side of the table were very pleased with the performance of the Shearman team. Absolutely exceptional!’

‘Iain Elder uses his experience to provide broad-ranging advice and brings international expertise, which is essential for the success of any enterprise. He has a team and peers who are both flexible and experienced in working with stakeholders in emerging markets. Senior associates Colm Ó hUiginn and Elizaveta Bazarova are key members of the team and they complement his experience with expertise in technology, contracting and financing. They play a key role in helping stakeholders with the complexity involved in delivering major projects.’

‘The firm has a very creative and commercial team that delivers dealmaking solutions across both lender and sponsor mandates in the emerging markets. It is equally strong in Asia, Africa and Latin America.’

‘Nicholas Buckworth is a star performer and a real deal maker. Iain Elder is great on petrochemical and oil and gas matters. Sanja Udovic is great on the lender side.’

‘The team has been there and done that over the last two or three decades. In a new emerging market they bring their knowledge of solving similar problems in other jurisdictions. They are also excellent at getting lenders comfortable.’

‘There is a wealth of experience and confidence they can command among lenders. The stars include Nicholas Buckworth.’

‘Their project team is highly efficient – there are few people involved but they are super professionals! Each team member is as effective as possible. The way they prepare documents, negotiate, substantiate a client’s position, and make compromises and find solutions makes it worth hiring this team.’

‘Iain Elder is an exceptionally professional lawyer with a good business approach. His vision on projects and his advice are very valuable. Less talk and more solutions – that is him.’

‘Elizaveta Bazarova is a very efficient lawyer. The way she structures documents and provides consultations is convenient and client-oriented and saves time.’

Key clients

Japan Bank for International Cooperation (JBIC)

ACWA Power

Bahrain Petroleum Company

Golar LNG Limited

Engie

Export-Import Bank of Korea (K-EXIM)

FMO

SACE S.p.A. (SACE)

Sasol

Mitsui

Energy and infrastructure Tier 2

According to one client, Shearman & Sterling LLP 'has fast become one of the top infrastructure M&A and debt teams in the City', having further boosted its capabilities with the hire of infrastructure funds specialists Tim Sheddick and Katie Hicks from Baker McKenzie. Iain Elder has strong relationships with sponsors and lenders in the energy sector, while other key lawyers for project development and finance include Sanja Udovicic and Nicholas Buckworth. Recently promoted partner, Anthony Lepere and senior associate Colm ÓHuiginn are recommended for energy structural, financial and operational issues across mature and emerging markets.

Practice head(s):

Testimonials

‘The Shearman projects team is very efficient – they are super-professional. Each team member is as effective as possible. The way they prepare documents; how they negotiate; how they substantiate a client’s position; how they make compromises and lead projects; this all makes them worth hiring. They are time-efficient, pragmatic and take a business-like approach.’

‘Shearman have fast become one of the top infrastructure M&A and debt teams in the City. From a standing start, Tim Sheddick and Katie Hicks have done an exceptional job of providing a seamless and coordinated service to the sector.’

‘A very creative and commercial team that delivers deal making solutions across both lender and sponsor mandates in the emerging markets. Equally strong in Asia, Africa and Latin America.’

‘Iain Elder is an exceptional professional with a business approach, he is not just a lawyer – he is a business lawyer and excellent negotiator, I would say he is the best in the petrochemical industry sector.’

‘Katie Hicks is an exceptional finance partner; she is one of the most commercially minded lawyers I have worked with and this skill set is extremely is very rare.’

Key clients

Topaz Energy and Marine

Bahrain Petroleum Company

Golar LNG Limited

Engie

Export-Import Bank of Korea (“K-EXIM”) K-Exim

The Dow Chemical Company

Barclays

Sasol

Mitsui

Angola LNG

Petronas

BNP Paribas

Arab Republic of Egypt

Cairn Energy

IFC

Bahrain Petroleum Company (“BAPCO”)

ACWA Power

K-Sure

China Exim

Japan Bank for International Corporation (“JBIC”)

Export-Import Bank of Korea (“K-EXIM”)

Macquarie Infrastructure and Real Assets

First State Investments

CDPQ

Westerleigh Crematoria Group

OTPP

Bristol Airport

Beacon Rail

Copenhagen Airport

Aberdeen Standard Investments

VTTI

JP Morgan managed infrastructure fund, IIF

Equity capital markets - mid-high cap Tier 2

Shearman & Sterling LLP excels in acting for underwriters and issuers on the full range of ECM transactions (governed by New York and English law) across the EMEA region. In 2019, team head David Dixter and others acted for the underwriters (Deutsche Bank, JP Morgan Securities Plc, Citigroup Global Markets Limited and Wood & Company Financial Services) on the €669.5m IPO and privatisation of Nova Ljubljanska banka on the Ljubljana Stock Exchange and the London Stock Exchange. The same team also advised the underwriters on the Republic of Slovenia's €109.5m sell down of Nova Ljubljanska banka stock on the Ljubljana Stock Exchange and the London Stock Exchange. Pawel Szaja leads the firm's Emerging Europe and DACH desks.

Practice head(s):

Testimonials

They go above and beyond to help clients (the banks) out on transaction related work. For example, Shearman will always volunteer to hold the pen on documents whereas some of the larger firms often tend to push back hard on things like this.’

David Dixter and Pawel Szaja are exceptionally strong in their fields and go to names when I have questions on situations where legal counsel have not been involved yet.’

Knowledgeable about the domestic market. Easy to deal with. Available and practical advice. As good as you get in their field.’

David Dixter is an outstanding lawyer. Loads of experience, hands-on and knows how to get the job done.’

I have worked with many associates of the firm and they always deliver quality products.’

David Dixter is extremely hands on and knowledgeable. Always walks the extra mile and is fun to work with.’

They have two standout partners. David Dixter is very user-friendly and will always give you the best advice possible. Pawel Szaja is super bright, sees every part of the deal, is very switched-on, has a can-do approach and is responsive.’

Key clients

Deutsche Bank AG

J.P. Morgan Securities plc

Citigroup Global Markets Limited

WOOD & Company Financial Services A.S

International Finance Corporation

Pareto Securities AS

Citigroup Global Markets

Halyk Finance

Hassan Allam Holding S.A.E.

VAALCO Energy, Inc.

High yield Tier 2

Shearman & Sterling LLP has been rebuilding its high-yield capability in London and, in doing so, has rebalanced its practice to act for a more diverse range of clients. Strong on lender-side work, it increasingly acts for private equity sponsors and corporate issuers, as well as investment banks, across Europe, emerging markets and the US. The London office also has an integrated lender-side leveraged finance practice to handle both high-yield bonds and leveraged loans. David Dixter leads the EMEA capital markets group, in which European regional managing partner, global head of the leveraged finance business and EMEA finance team leader Ward McKimm oversees the high-yield team. McKimm, who is qualified in both US and English law, focuses on cross-border matters with a notable emphasis on France. Marwa Elborai is praised for her 'impressive commitment and deep understanding of all the regulatory procedures'. Trevor Ingram, who is qualified in both the US and Canada, is increasingly involved in emerging markets work, notably in South Africa. Senior associate Gordon Houseman has ‘great talent and energy’.

Practice head(s):

Testimonials

‘We were very impressed by the commercial engagement, level of commitment and large expertise of Shearman & Sterling LLP throughout the conduction of a Rule 144A/Reg S bond issuance. The Shearman team was available to work around the clock and to deliver on all requests even being subject to very tight deadlines. Another great takeaway was the fact that all members involved proved to be capable, flexible and experienced on transactions of this nature.’

‘Partner Marwa Elborai’s role has to be particularly highlighted due to her impressive commitment in this transaction as well as her deep understanding of all the regulatory procedures.’

‘Senior associate Gordon Houseman has great talent and energy.’

‘Marwa Elborai is very knowledgeable. At same time, she is also very approachable and easy to work with.’

Key clients

J.P. Morgan Securities

BNP Paribas

Credit Suisse

Deutsche Bank

Goldman Sachs

Scotia Capital

Deutsche Bank AG, London Branch

BNP Paribas

Crédit Agricole Corporate and Investment Bank

Natixis

Société Générale

Ardagh

Trivium Packaging

Goldman Sachs

Crédit Industriel et Commercial

Advent / Cinven

ARD Finance S.A.

TAP – Trasnportes Aéreos Portugueses, SGPS, S.A.

Infrastructure (PFI and PPP) Tier 2

Shearman & Sterling LLP has a broad range of experience within infrastructure and has been involved in key deals involving airports, rail, and digital infrastructure. The practice has strong expertise advising on traditional greenfield public-private partnerships, as well as purely private project financings. The firm strengthened its brownfield practice with the hire of Tim Sheddick and Katie Hicks from Baker McKenzie. Practice head Iain Elder is a partner in the project development and finance practice. Clients describe Katie Hicks as an 'exceptional finance lawyer'. The team is praised for its 'seamless and coordinated service'.

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Testimonials

‘Shearman have fast become one of the top infrastructure m&a and debt teams in the city. From a standing start Tim and Katie have done an exceptional job of providing a seamless and coordinated service to the sector.’

‘Katie Hicks is an exceptional finance partner.She is one of the most commercial minded lawyers I have worked with and this skill set is extremely is very rare.’

Key clients

Macquarie Infrastructure and Real Assets

First State Investments

CDPQ

Westerleigh Crematoria Group

OTPP

Bristol Airport

Beacon Rail

Copenhagen Airport

Aberdeen Standard Investments

VTTI

JP Morgan managed infrastructure fund, IIF

Oil and gas Tier 2

Shearman & Sterling LLP fields a 'very creative and commercial team' led by Iain Elder, and has strong capabilities in traditional project finance issues, leveraged finance work and oil and gas M&A in emerging markets across Africa and Asia. Sanja Udovicic and Anthony Lepere advise financiers, borrowers and sponsors on a variety of financing arrangements. Global head of finance Nick Buckworth leads the London project development and finance group, while John Inglis has a strong background in handling the development and financing of power plant projects and refineries in Africa and the Middle East.

Practice head(s):

Testimonials

‘Very creative and commercial team that delivers deal making solutions across both lender and sponsor mandates in the emerging markets. Equally strong in Asia, Africa and Latin America.’

‘Shearman & Sterling is an exceptional law firm. We loved to work with them on a large LNG-to-Power financing in Brazil. They go the extra mile for their clients – absolutely outstanding!’

‘Nick Buckworth – star performer and a real deal maker. Iain Elder – great on petrochemical and oil & gas. Sanja Udovicic – great lender side.’

Key clients

Topaz Energy and Marine

Bahrain Petroleum Company

Golar LNG Limited

Engie

Export-Import Bank of Korea (“K-EXIM”) K-Exim

The Dow Chemical Company

Barclays

Sasol

Mitsui

Angola LNG

Petronas

BNP Paribas

Arab Republic of Egypt

Cairn Energy

Power (including electricity, nuclear and renewables) Tier 2

Shearman & Sterling LLP  fields a 'very creative and commercial team that delivers deal making solutions' across project finance, leveraged finance and energy M&A transactions. The multidisciplinary team has a broad geographic footprint, with a notable focus on emerging markets in Africa, Central Asia and Latin America. The group also bolstered its offering with the addition of infrastructure fund specialists Tim Sheddick and Katie Hicks from Baker McKenzie, who provide specialist advice on brownfield infrastructure assets. Group head Iain Elder, Nicholas Buckworth and Sanja Udovicic act for sponsors and lenders on the development and financing of large energy and infrastructure projects. Of counsel John Inglis is also a key name to note for project development and finance work.

Practice head(s):

Testimonials

‘The “go to” firm for power projects in the Middle East and emerging markets. Excellent knowledge of risk allocation under various contract models combined with fantastic knowledge of financing institutions.’

‘Very creative and commercial team that delivers deal making solutions across both lender and sponsor mandates in the emerging markets. Equally strong in Asia, Africa and Latin America.’

‘Nick Buckworth and John Inglis know their stuff, command confidence and are great fun to work with.’

‘Nick Buckworth – star performer and a real deal maker.’

‘Iain Elder is great on petrochemical and oil & gas. ‘

‘Sanja Udovicic is great lender side.’

Key clients

Mitsui

The Dow Chemical Company

IFC

Bahrain Petroleum Company (“BAPCO”)

Sasol

ACWA Power

Engie

K-Sure

China Exim

Japan Bank for International Corporation (“JBIC”)

Export-Import Bank of Korea (“K-EXIM”)

Acquisition finance Tier 3

Shearman & Sterling LLP 's finance group handles a significant volume of acquisition finance mandates for a balanced roster of lender and borrower clients, including banks, private equity sponsors, corporates and credit funds. Well-versed at advising on debt financing throughout the capital structure, clients benefit from access to an integrated bank and bond offering which includes a number of London-based lawyers who are able to cover both UK and New York-governed law (as well as the ability to leverage the expertise of lawyers based in New York). Known for his work for lenders and borrowers across Europe and the Middle East, Philip Stopford has a flourishing reputation in the market and embodies the firm's versatility in terms of clients, financial products and geographical scope.

Key clients

Bank of Nova Scotia

Ardagh Packaging Holdings Ltd

Coca-Cola European Partners Plc

Nokia

Trivium Packaging

Marlin Equity Partners

Investcorp

Ripplewood

DBAY Advisors

AlbaCore Capital Group

Derivatives and structured products Tier 3

Shearman & Sterling LLP is a key adviser to market infrastructure entities such as exchanges and clearinghouses and is a leading player in the commodity derivatives market. The firm assists the biggest exchange clearing group for commodities with new products and collateral issues. The London derivatives practice also benefits from offering both English and New York law advice from London. The lead partner is Patrick Clancy, who advises on the full range of English law derivatives transactions. James Duncan frequently advises on the structured finance aspects of M&A, asset finance and leveraged finance transactions. Thomas Donegan advises financial institutions, including banks, exchanges, clearinghouses, fund managers, brokers and settlement systems. Senior associate Sara Couling is also recommended.

Practice head(s):

Testimonials

‘James Duncan is knowledgeable in this field of expertise.’

‘It is a good legal firm for our complex financial transactions.’

‘The team fully understands its clients’ complex security arrangements and all their nuances, and it supports the client with its relationship banks, acting as though they are the internal counsel of the company working in the company’s best interest.’

‘James Duncan, backed up by Sara Couling, are the legal team you want in your corner for negotiating derivative agreements. They cut through to the commercially important issues which need to be addressed and explain the issues in a way that makes it difficult for the opposing side to resist.’

Financial services: contentious Tier 3

Advising financial institutions, corporates and professional services firms, Shearman & Sterling LLP has experience across a range of financial services disputes work, including financial fraud and contentious regulatory matters. The firm also has expertise in white collar and serious economic crime, as well as related compliance and regulatory issues. Barney Reynolds  is global head of the firm's wider financial services industry group and has experience of investigation and enforcement matters. He co-leads the team with litigator Susanna Charlwood, who has significant experience of financial disputes. Also notable is the ‘determined, resilient and enthusiasticThomas Donegan.

Testimonials

‘Great client service is a key differentiator and they go to great lengths to make sure the services they provide are consistent, engaging and timely’

‘Clear protocols which allow them to manage clients’ expectations, which cover, pricing, delivery and information updates as well as warnings of any potential delays’

‘Show significant compassion for their clients’ problems and authentically, genuinely, want to help resolve the problem’

‘Excellent communication skills including the ability to listen’

‘Extremely assertive but not aggressive, in that they state their opinions and make themselves heard, while remaining respectful of others’

‘Thomas Donegan has great commercial awareness. He is strategic in his planning, often combining legal strategy with wider case planning and complementary advice to solve a problem’

‘Strong technical skills’

Key clients

Certain bondholders in, and the creditors’ committee of, London Capital & Finance

ICE (Intercontinental Exchange, Inc.)

Financial services: non-contentious/regulatory Tier 3

Shearman & Sterling LLP specialises in cross-border regulatory matters, acting for banks, investment banks, insurers and financial infrastructure providers. The firm has particular expertise in Brexit, as well as transatlantic regulatory issues. Practice head Barney Reynolds’ broad experience includes structuring and facilitating acquisitions and disposals of financial services businesses, compliance and derivatives regulation. Also notable are Thomas Donegan, who is known for advisory and transactional work in the banking, brokerage, insurance, derivatives and other financial sectors; and senior associate Ellerina Teo, who focuses on regulatory compliance.

Practice head(s):

Testimonials

‘A unique track record of working in high profile governance cases’

‘Its role advising governments in setting up regulatory frameworks is very useful and helps bankers understand certain regulatory constraints and have useful benchmarks’

‘Very flexible, extremely competent and always available’

Key clients

Bank of America Merrill Lynch

Intercontinental Exchange, Inc. group (including ICE Clear Europe and ICE Futures Europe)

Goldman Sachs

Oppenheimer

Blackstone

DBAY Advisors Limited (DBAY)

TBC Bank

Attestor Limited

Intuit Limited

Cayman Islands Government

Maverick Capital Ltd.

Hedge funds Tier 3

Shearman & Sterling LLP specialises in advising high-value fund managers including Attestor Capital and Prosperity Capital on a variety of issues, including launches, restructurings, fundraisings and regulatory compliance work, particularly relating to Brexit and EU legislation. John Adams is highly active with an extensive fund-side client list, and works on the full spectrum of issues including fund governance, international investments and transactions, and the implementation of directives including AIFMD. He also works for investors, including a number of major sovereign wealth funds.

Practice head(s):

Key clients

Attestor Capital LLP

Abu Dhabi Global Market

TT International Family Group

Prosperity Capital Management Limited

Autoriti Monetari Brunei Darussalam

TRG Management L.P.

Maverick Capital Ltd

Steadfast Financial LP

Albacore Partners

Skybridge Capital II

OrbiMed Capital

Dynamo Capital

Islamic finance Tier 3

Shearman & Sterling LLP's work spans a range of areas including handling project finance, capital markets, derivatives and structured finance mandates. The group also advises on matters involving all of the main Islamic structures, including ijara, mudaraba, musharaka, murabaha and sukuk instruments. The main contact is Iain Goalen, whose practice is split between London, Abu Dhabi and Dubai.

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Bank lending: investment grade debt and syndicated loans Tier 4

Benefiting from practitioners on the ground in London with dual-US and UK qualifications, Shearman & Sterling LLP is well-positioned to exploit the continued use of US technologies in the UK/European markets. As well as receiving a significant flow of leveraged and corporate lending mandates on the back of the firm's strong ties with numerous investment banks, the team also picks up a considerable volume of work for investment grade corporates on their financing requirements. The firm recently advised Coca-Cola European Partners in connection with the amendment and extension of its existing syndicated multi-currency revolving credit facility (RCF) incorporating sustainability pricing mechanism linking the margin of the RCF to sustainability targets. EMEA finance team leader Peter Hayes and Mei Lian both recently left to join Paul Hastings LLP.

Testimonials

‘Good legal firm for our complex financial transactions.’

 

Key clients

Bank of Nova Scotia

Ardagh Packaging Holdings Ltd

Coca-Cola European Partners Plc

Nokia

Trivium Packaging

Marlin Equity Partners

Investcorp

Ripplewood

DBAY Advisors

AlbaCore Capital Group

Insurance: corporate and regulatory Tier 4

Led by Barney Reynolds, Shearman & Sterling LLP is involved in a range of non-contentious insurance matters, often working with the firm’s global network of offices. The team’s work encompasses both corporate and regulatory matters. Thomas Donegan is another key partner, focusing on regulatory mandates, while Reynolds is noted for his knowledge of Brexit-related matters; he previously advised MPs on the legal aspects of Brexit.

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Testimonials

‘Incredibly quick to respond to queries, which are often submitted to them out of the blue. They are also good at getting the right team members involved in the work, as opposed to some firms where the same person tries to cover every area about which they are approached.’

‘Good level of detail in their work – sufficient to close out the issue, succinct enough to be capable of being absorbed quickly and commercially. Thomas Donegan has been particularly helpful.’

Key clients

GSO/Blackstone

Fairfax and IIFL Holdings

Sompo Holdings

ADNOC

ICE Clear Europe

International arbitration Tier 4

Shearman & Sterling LLP is a strong name in the market for high-stakes, high-value international arbitrations, and fields a significant investment treaty practice. Alexander Uff focuses on energy, natural resources and infrastructure-related disputes, while Ximena Herrera-Bernal's clients include corporate and sovereign clients. Tsegaye Laurendeau  and Margaret Clare Ryan are well-regarded counsels. Arbitration specialist Garreth Wong was recruited from Bird & Bird LLP in 2020.

Testimonials

‘Garreth Wong is an effective advocate in international arbitration. ‘

‘Garreth Wong is a serious operator and very good with clients.’

‘Garreth Wong is becoming increasingly well known in the arbitration market and undoubtedly has a very bright future. His training as a barrister at a top London chambers shows in his forensic approach to his work and in his advocacy. He is also fantastic with clients and has an enviable caseload.’

‘Garreth Wong is an accomplished arbitration specialist who has a good feel for running a complex case. He is an excellent strategist and a good advocate.’

Mining and minerals Tier 4

Shearman & Sterling LLP has a significant global presence with established cross-border experience. The firm is singled out for its work in emerging market project development and financings and is active in a range of jurisdictions including Kenya, Kazakhstan and Brazil. Jason Lehner and Cynthia Urda Kassis co-head the mining and metals industry group, which also includes Antony Lepere and senior associate Tom Pound.

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Testimonials

‘Team is extremely knowledgeable, practical and solution oriented. Value for money. One of the few firms who know their way around Mozambique.’

Key clients

Anglo American

ArcelorMittal

Acacia Mining

Norsk Hydro

Sasol

Barclays Capital Inc.

Blackstone Tactical Opportunities

The Bank of Nova Scotia

ING

Orion Resource Partners (USA) LP

EU and competition Tier 5

The ‘excellent’ antitrust team at Shearman & Sterling LLP handles a broad variety of matters relating to merger control, investigations, state aid and competition litigation. The group is active across a wide-ranging spectrum of industries, such as aviation, mining, chemical, financial services and technology. Department head Matthew Readings is praised for being ‘a great team leader’.

Practice head(s):

Testimonials

‘An excellent team.’

‘Matthew Readings is excellent: a great team leader, very commercial, strong technical skills, an asset on any case.’

 

Key clients

Raytheon

Credit Suisse

Albemarle

Intercontinental Exchange

LyondellBasell

Viacom / Paramount Picture Corporation

American Suger / Tate & Lyle

Anglo American

Jaguar Land Rover

ADNOC

M&A: upper mid-market and premium deals, £500m+ Tier 5

Shearman & Sterling LLP advises a mix of large multinationals, corporates and financial institutions on mergers and acquisitions and recently took the lead for ArcelorMittal S.A. on its $7bn acquisition of Essar Steel. Heading the firm's EMEA M&A group, Laurence Levy acts on numerous public and private company M&A transactions, joint ventures, restructurings, privatisations, equity capital markets and general corporate advisory work. Tim Sheddick is a key name in the infrastructure M&A space.

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Key clients

Goldman Sachs International

ArcelorMittal S.A.

Liberty Global plc

Intercontinental Exchange (ICE)

Discovery, Inc.

DBay Advisors

Thomas Cook India Limited

MS Pharma Ventures Holding WLL

Advance Publications, Inc.

Acacia Mining plc

Macquarie European Infrastructure Fund

SABB

International Finance Corporataion (IFC)

Private equity: transactions – high-value deals (£250m+) Tier 5

Shearman & Sterling LLP is active across the private equity market, advising a combination of traditional buyout and sovereign wealth funds, alternative investors, limited partners, management teams, and family offices on transactions in a range of industries and jurisdictions, particularly in Asia and the US. The team is led by Simon Burrows, who advises a variety of clients and consistently leads on major transactions, and Paul Strecker, who is qualified across England & Wales, New York, California, and Hong Kong, and who has significant cross-border expertise.

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Key clients

Apse Capital

Marlin Equity Partners

AlbaCore Capital

Metric Capital

King Street Capital

CITIC Capital

Investcorp

Blue Pool Capital

The Carlyle Group

Dell Technologies

CPPIB

International Finance Corporation

Commercial litigation: premium Tier 6

Shearman & Sterling LLP's litigation team has impressive experience advising major corporates, financial institutions and hedge funds in cross-border disputes and contentious regulatory issues. The 'excellent' Susanna Charlwood leads a team which benefits from the recent additions of the 'exceptionally hard-working' counsel Jonathan Swil from Linklaters LLP and senior associate Matthew Orr from the Financial Conduct Authority. Swil adds  experience in financial services, cross-jurisdictional insolvencies, financial fraud, TMT and contentious regulatory matters, while Orr has expertise in criminal and non-criminal investigations and litigation with a particular focus on asset freezing and forfeiture.

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Testimonials

Superb in every respect. What stands out in particular is the level and quality of partner engagement (both exceptional).

Every member of the team comes across as a real team player. From paralegal through to partner everyone punches above their weight and is unafraid to roll up their sleeves and get stuck in. There is definitely a ‘we’re in it together’ attitude which is particularly refreshing’

Susanna Charlwood is an excellent partner who is on top of all of the detail of a case. She is a true force of nature, with an incredible work ethic and is a true role model. Her grasp of the facts and legal knowledge is top notch and she always gets on top of matters very quickly’.

Counsel Jonathan Swil is exceptionally hard-working and very good on dealing with experts.

Key clients

Enka Insaat Sanayi A.S.

Etihad Airways PJSC

Cargolux Airlines International S.A.

Cyrus Capital Partners, L.P.

ICE Futures Europe

Abu Dhabi Global Market

Corporate tax Tier 6

Simon Letherman, who is the key tax partner at Shearman & Sterling LLP, works closely with the firm's other departments to assist clients with the tax aspects of corporate transactions, finance, capital markets transactions, financial products and insolvency restructurings.

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Testimonials

Shearman & Sterling take the time to understand our needs and when providing advice do so in a clear, coherent and unambiguous manner. There is genuine personal commitment by the partners and associates to meeting your needs and providing high quality bespoke advice in timely manner.

Simon Letherman and his team are excellent. They are professional, responsive and really proactive in supporting transactions. In what are often challenging and time sensitive situations, they are courteous, attentive and work in an extremely efficient manner.’

Key clients

Discovery, Inc.

DBAY Advisors

Boston Scientific Corporation

Acacia Mining plc

PETRONAS

Intercontinental Exchange Inc

Ardagh Group SA

Trivium Packaging

PTT Exploration and Production

Macquarie Infrastructure Fund 6

Marlin Equity Partners

NatWest Market Securities Inc. and JP Morgan

Liberty Global plc

Citycon Oyj

Deutsche Bank, J.P. Morgan and Halyk Finance as joint global coordinators and joint bookrunners and Renaissance Capital

Corporate restructuring & insolvency Tier 8

Shearman & Sterling LLP  is in the process of rebuilding its City restructuring team in the wake of a number of departures. In summer 2020 the firm announced the hire of former Weil, Gotshal & Manges (London) LLP partner Alex Wood  to expand its European restructuring efforts. Wood's practice covers all aspects of financial restructuring and insolvency, with experience advising corporates, sponsors and creditors on restructurings and insolvencies. His hire came after  Solomon Noh  left for Dechert, while Mei Lian joined Paul Hastings LLP .

Tunisia > Foreign firms Tier 3

Based across its London and Paris offices, Shearman & Sterling LLP's team handles high-profile transactions across Africa. London-based project development and finance partner Iain Elder heads the Africa strategy group and acts for sponsors and lenders on large energy and infrastructure projects. Sanja Udovicic, who is also based in London, focuses on project development and finance matters for financiers, borrowers and sponsors. Paris-based counsel Lachlan Poustie, who is experienced in project finance instructions, is also noted.

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Key clients

IFC

Mozambique > Foreign law firms Tier 3

Shearman & Sterling LLP stands out for its extensive expertise in the power sector and has an impressive track record advising on major power projects in Mozambique and elsewhere on the African continent. Iain Elder heads the Africa strategy group from London.

Practice head(s):

Latin America: International firms > International arbitration > International arbitration Tier 5

Paris-based Emmanuel Gaillard heads Shearman & Sterling LLP's global disputes and international arbitration practice. It has particular strength in the construction and energy sectors, with a focus on joint ventures and government-side bilateral investment treaty cases. To this end, Gaillard and London-based Ximena Herrera-Bernal are representing the Republic of Colombia in ICSID proceedings brought in relation to the treatment of a real estate project in terms of the US-Colombia FTA. Christopher Ryan and Henry Weisburg, working from Washington DC and New York, respectively, continue to act for the Republic of Panama following an alleged expropriation of infrastructure contracts and violation of the terms of the US-Panama BIT. However, the team lost Mark McNeill who joined Quinn Emanuel Urquhart & Sullivan, LLP in September 2019.

Key clients

Republic of Colombia

Republic of Panama

Shearman & Sterling has built an enviable reputation for advising companies and financial institutions on some of their most important transactions and cases in Europe. In addition to working on local and pan-European matters, the firm’s London office has deep experience in cross-border work, advising clients as they expand their business operations globally, as well as clients from all parts of the world looking to invest into Europe.

We are committed to forging long-term relationships with our clients, providing them with genuine insight and practical advice, and supporting them as they navigate the challenges of our 21st century global economy.

For further information, please visit www.shearman.com.

Department Name Email Telephone
Senior Partner: David Beveridge
Co-Global Managing Partners: George Casey and Adam Hakki
Head of London Office: Matthew Readings
Photo Name Position Profile
 Colm Ó hUiginn  photo Colm Ó hUiginn Senior Associate
 John Adams  photo John Adams John Adams is a partner in the Investment Funds practice. He focuses…
 Elizaveta Bazarova  photo Elizaveta Bazarova Senior Associate 
 Nicholas Buckworth  photo Nicholas Buckworth Partner
 Simon Burrows  photo Simon Burrows Partner in the mergers and acquisitions and private equity groups. Simon advises…
 Susanna Charlwood  photo Susanna Charlwood Susanna Charlwood is a partner in the Litigation practice. Susanna has broad…
 Anna Chung photo Anna Chung PartnerShearman & Sterling’s Head of the Seoul office
 Patrick Clancy  photo Patrick Clancy Patrick Clancy is a partner in the Derivatives & Structured Products practice.…
 David Dixter  photo David Dixter EMEA Capital Markets Team Leader
 Thomas Donegan  photo Thomas Donegan Thomas Donegan is a partner in the Financial Institutions Advisory & Financial…
 James Duncan  photo James Duncan James Duncan is a partner in the Derivatives & Structured Products practice.…
 Marwa Elborai  photo Marwa Elborai Partner
 Korey Fevzi  photo Korey Fevzi Partner
 Iain Goalen  photo Iain Goalen Partner
 Gary Hamp  photo Gary Hamp Partner
 Ximena Herrera-Bernal photo Ximena Herrera-Bernal Partner
 Katie Hicks  photo Katie Hicks Partner 
 Gordon Houseman  photo Gordon Houseman Associate
 John Inglis  photo John Inglis Of Counsel
 Trevor Ingram  photo Trevor Ingram Partner
 Jackson Lam  photo Jackson Lam Counsel
 Tsegaye Laurendeau photo Tsegaye Laurendeau Counsel
 Anthony Lepere  photo Anthony Lepere Partner
 Simon Letherman  photo Simon Letherman Partner and head of Shearman & Sterling’s London Tax group. Simon specialises in UK and…
 Laurence Levy  photo Laurence Levy Head of the European & Middle Eastern mergers and acquisitions group. He…
 Jacques McChesney  photo Jacques McChesney Partner
 Ward McKimm  photo Ward McKimm European Regional Managing Partner, Global Head of Leveraged Finance and the EMEA…
 Thomas Pound  photo Thomas Pound Senior Associate
 Matthew Readings  photo Matthew Readings Global Antitrust Practice Group Leader and Head of the London and Brussels…
 Barney Reynolds  photo Barney Reynolds Barnabas (Barney) Reynolds is Global Head of the Financial Services Industry Group…
 Margaret Clare Ryan photo Margaret Clare Ryan Counsel
Mr Tim Sheddick  photo Mr Tim Sheddick Partner
 Ben Shorten photo Ben Shorten PartnerAsia Project Development & Finance Team Leader
 Philip Stopford  photo Philip Stopford Partner
 Pawel Szaja  photo Pawel Szaja Partner
 Ellerina Teo photo Ellerina Teo Senior Associate
 Sanja Udovicic  photo Sanja Udovicic Partner
 Alex Uff  photo Alex Uff Partner
 Alexander Uff  photo Alexander Uff Partner in Shearman & Sterling’s International Arbitration practice
 James Webber  photo James Webber Partner in the Antitrust practice in Brussels and London. He focuses on EU…
 Sam Whitaker  photo Sam Whitaker Counsel in Shearman & Sterling’s executive compensation and employee benefits group, provides…
 Nick Withers photo Nick Withers
 Garreth Wong  photo Garreth Wong Partner
Mr Alex Wood photo Mr Alex Wood Partner in our Financial Restructuring & Insolvency practice.
Number of UK partners : 33
Number of other UK fee-earners : 155