shearman sterling

<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling">https://en.wikipedia.org/wiki/Shearman%26_Sterling</a><div>
</div><div>Shearman & Sterling LLP is a <a href="https://en.wikipedia.org/wiki/Multinational_corporation" title="Multinational corporation" style="text-decoration-line: none; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">multinational</a> <a href="https://en.wikipedia.org/wiki/Law_firm" title="Law firm" style="text-decoration-line: none; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">law firm</a> headquartered in <a href="https://en.wikipedia.org/wiki/New_York_City" title="New York City" style="text-decoration-line: none; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">New York City</a>, United States. The firm's lawyers come from some 80 countries, speak more than 60 languages and practice US, English, EU, French, Spanish, German, Hong Kong, <a href="https://en.wikipedia.org/wiki/OHADA" title="OHADA" style="text-decoration-line: none; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">OHADA</a> and Saudi law, as well as Dubai International Financial Centre law and Abu Dhabi Global Market law. Nearly one-half of the firm's lawyers practice outside the United States.<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-3" style="text-decoration-line: none; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">[3]</a></div><div id="toc" class="toc" role="navigation" aria-labelledby="mw-toc-heading" style="border: 1px solid rgb(162, 169, 177); background-color: rgb(248, 249, 250); padding: 7px; display: table;"><input type="checkbox" role="button" id="toctogglecheckbox" class="toctogglecheckbox" style="margin: 0px; position: absolute; opacity: 0; z-index: -1; display: none;" /><div class="toctitle" lang="en" dir="ltr" style="text-align: center; direction: ltr;"><h2 id="mw-toc-heading" style="margin: 1em 0px 0.25em; padding: 0px; overflow: hidden; border: 0px; line-height: 1.3; display: inline;">Contents</h2><label class="toctogglelabel" for="toctogglecheckbox" style="cursor: pointer;" /></div><ul style="list-style: none; margin: 0.3em 0px; padding: 0px;"><li class="toclevel-1 tocsection-1" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#History" style="text-decoration-line: none; background: none;">1History</a><ul style="list-style: none; margin: 0px 0px 0px 2em; padding: 0px;"><li class="toclevel-2 tocsection-2" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#Wall_Street_origins" style="text-decoration-line: none; background: none;">1.1Wall Street origins</a></li><li class="toclevel-2 tocsection-3" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#Postwar_global_expansion" style="text-decoration-line: none; background: none;">1.2Postwar global expansion</a></li><li class="toclevel-2 tocsection-4" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#21st_century_domestic_expansion" style="text-decoration-line: none; background: none;">1.321st century domestic expansion</a></li></ul></li><li class="toclevel-1 tocsection-5" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#Notable_clients_and_cases" style="text-decoration-line: none; background: none;">2Notable clients and cases</a></li><li class="toclevel-1 tocsection-6" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#Controversies" style="text-decoration-line: none; background: none;">3Controversies</a></li><li class="toclevel-1 tocsection-7" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#Recognition" style="text-decoration-line: none; background: none;">4Recognition</a></li><li class="toclevel-1 tocsection-8" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#Pro_bono" style="text-decoration-line: none; background: none;">5Pro bono</a></li><li class="toclevel-1 tocsection-9" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#Notable_alumni" style="text-decoration-line: none; background: none;">6Notable alumni</a><ul style="list-style: none; margin: 0px 0px 0px 2em; padding: 0px;"><li class="toclevel-2 tocsection-10" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#Business" style="text-decoration-line: none; background: none;">6.1Business</a></li><li class="toclevel-2 tocsection-11" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#Government" style="text-decoration-line: none; background: none;">6.2Government</a></li><li class="toclevel-2 tocsection-12" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#Academia" style="text-decoration-line: none; background: none;">6.3Academia</a></li></ul></li><li class="toclevel-1 tocsection-13" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#See_also" style="text-decoration-line: none; background: none;">7See also</a></li><li class="toclevel-1 tocsection-14" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#References" style="text-decoration-line: none; background: none;">8References</a></li><li class="toclevel-1 tocsection-15" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#Further_reading" style="text-decoration-line: none; background: none;">9Further reading</a></li><li class="toclevel-1 tocsection-16" style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#External_links" style="text-decoration-line: none; background: none;">10External links</a></li></ul></div><h2 style="margin: 1em 0px 0.25em; padding: 0px; overflow: hidden; border-bottom: 1px solid rgb(162, 169, 177); font-weight: normal; font-family: " linux="Linux" libertine="Libertine" georgia="Georgia" times="Times" serif="serif" line-height="line-height" background-color="background-color" rgb="rgb">History[<a href="https://en.wikipedia.org/w/index.php?title=Shearman%26_Sterling&action=edit&section=1" title="Edit section: History" style="text-decoration-line: none; background: none; white-space: nowrap;">edit</a>]</h2><h3 style="margin: 0.3em 0px 0px; padding-top: 0.5em; padding-bottom: 0px; overflow: hidden; line-height: 1.6; background-color: rgb(255, 255, 255);">Wall Street origins[<a href="https://en.wikipedia.org/w/index.php?title=Shearman%26_Sterling&action=edit&section=2" title="Edit section: Wall Street origins" style="text-decoration-line: none; background: none; white-space: nowrap;">edit</a>]</h3>Shearman & Sterling was founded in New York City in 1873 by Thomas Shearman (<a href="https://en.wikipedia.org/wiki/Help:IPA/English" title="Help:IPA/English" style="background: none; text-decoration-line: none !important;">/ˈʃɜːrmən/</a>) and <a href="https://en.wikipedia.org/wiki/John_William_Sterling" title="John William Sterling" style="text-decoration-line: none; background: none;">John William Sterling</a>, who concentrated on litigation and transactional matters respectively. The young firm represented financier <a href="https://en.wikipedia.org/wiki/Jay_Gould" title="Jay Gould" style="text-decoration-line: none; background: none;">Jay Gould</a> and industrialist <a href="https://en.wikipedia.org/wiki/Henry_Ford" title="Henry Ford" style="text-decoration-line: none; background: none;">Henry Ford</a>, and cultivated a number of important business ties that would evolve into long-standing client relationships, such as with the <a href="https://en.wikipedia.org/wiki/Rockefeller_family" title="Rockefeller family" style="text-decoration-line: none; background: none;">Rockefeller family</a> and the predecessor banks to <a href="https://en.wikipedia.org/wiki/Citigroup" title="Citigroup" style="text-decoration-line: none; background: none;">Citigroup</a> and <a href="https://en.wikipedia.org/wiki/Deutsche_Bank" title="Deutsche Bank" style="text-decoration-line: none; background: none;">Deutsche Bank</a>.<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-4" style="text-decoration-line: none; background: none;">[4]</a><h3 style="margin: 0.3em 0px 0px; padding-top: 0.5em; padding-bottom: 0px; overflow: hidden; line-height: 1.6; background-color: rgb(255, 255, 255);">Postwar global expansion[<a href="https://en.wikipedia.org/w/index.php?title=Shearman%26_Sterling&action=edit&section=3" title="Edit section: Postwar global expansion" style="text-decoration-line: none; background: none; white-space: nowrap;">edit</a>]</h3>The firm expanded internationally during the post-World War II era, under the direction of Boykin C. Wright, a senior partner who joined the firm from <a href="https://en.wikipedia.org/wiki/Cahill_Gordon%26_Reindel" title="Cahill Gordon & Reindel" style="text-decoration-line: none; background: none;">Cahill Gordon & Reindel</a> with a group of lawyers, briefly leading the firm to add his name to the letterhead.<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-5" style="text-decoration-line: none; background: none;">[5]</a> The firm's first international office was established in Paris in 1963.<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-6" style="text-decoration-line: none; background: none;">[6]</a>
In postwar Germany, Shearman & Sterling helped German companies such as <a href="https://en.wikipedia.org/wiki/Siemens" title="Siemens" style="text-decoration-line: none; background: none;">Siemens</a> and <a href="https://en.wikipedia.org/wiki/BASF" title="BASF" style="text-decoration-line: none; background: none;">BASF</a> restructure their debts and re-emerge as credible exporters to the United States. The firm's lawyers assisted <a href="https://en.wikipedia.org/wiki/Daimler-Benz" class="mw-redirect" title="Daimler-Benz" style="text-decoration-line: none; background: none;">Daimler</a> in its listing on the New York Stock Exchange in 1993, the first such listing by a German company, prompting other major companies to follow suit.<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-8" style="text-decoration-line: none; background: none;">[8]</a> The firm then represented the German automaker in its purchase and subsequent sale of <a href="https://en.wikipedia.org/wiki/Chrysler" title="Chrysler" style="text-decoration-line: none; background: none;">Chrysler</a>.<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-9" style="text-decoration-line: none; background: none;">[9]</a> The company practices <a href="https://en.wikipedia.org/wiki/Mergers_and_acquisitions" title="Mergers and acquisitions" style="text-decoration-line: none; background: none;">mergers and acquisitions</a> in Germany, and operates one of the largest London offices of a non-UK law firm.<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-10" style="text-decoration-line: none; background: none;">[10]</a>Bolstering the firm's reputation in international law, President Eisenhower tapped partner Fredrick McCurdy Eaton to be the United States' lead negotiator at the 1960 Nuclear <a href="https://en.wikipedia.org/wiki/Ten_Nation_Committee_on_Disarmament" title="Ten Nation Committee on Disarmament" style="text-decoration-line: none; background: none;">Ten Nation Committee on Disarmament</a>,<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-7" style="text-decoration-line: none; background: none;">[7]</a> in Geneva. From 1964 to 1975, Mr. Eaton was the senior partner.The firm played an important role in the establishment of state-owned oil and gas companies, including <a href="https://en.wikipedia.org/wiki/Sonatrach" title="Sonatrach" style="text-decoration-line: none; background: none;">Sonatrach</a> in Algeria and throughout the Middle East. In 1979, Shearman & Sterling lawyers represented <a href="https://en.wikipedia.org/wiki/Citibank" title="Citibank" style="text-decoration-line: none; background: none;">Citibank</a> during the intense negotiations that ensued during the <a href="https://en.wikipedia.org/wiki/Iranian_Hostage_Crisis" class="mw-redirect" title="Iranian Hostage Crisis" style="text-decoration-line: none; background: none;">Iranian Hostage Crisis</a>, after the US government froze all Iranian assets in US banks.<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-11" style="text-decoration-line: none; background: none;">[11]</a>During the 1980s, firm attorneys helped restructure the debts of many Latin American nations in the <a href="https://en.wikipedia.org/wiki/Brady_bonds" class="mw-redirect" title="Brady bonds" style="text-decoration-line: none; background: none;">Brady transactions</a>, and also won mandates in the <a href="https://en.wikipedia.org/wiki/Privatization" title="Privatization" style="text-decoration-line: none; background: none;">privatization</a> of numerous state-owned entities. In 2004, the firm launched an office in São Paulo, Brazil and has since represented Brazilian companies in a number of important transactions.<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-12" style="text-decoration-line: none; background: none;">[12]</a>In East Asia, Shearman & Sterling was one of the first firms to grasp the future strategic importance of the Asia-Pacific region, establishing offices in Hong Kong in 1978, followed by Tokyo, Beijing, Singapore and Shanghai.<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-13" style="text-decoration-line: none; background: none;">[13]</a> In late 2018, the firm received a license to open an office in Seoul, headed by Singapore partner Anna Chung.<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-14" style="text-decoration-line: none; background: none;">[14]</a><h3 style="margin: 0.3em 0px 0px; padding-top: 0.5em; padding-bottom: 0px; overflow: hidden; line-height: 1.6; background-color: rgb(255, 255, 255);">21st century domestic expansion[<a href="https://en.wikipedia.org/w/index.php?title=Shearman%26_Sterling&action=edit&section=4" title="Edit section: 21st century domestic expansion" style="text-decoration-line: none; background: none; white-space: nowrap;">edit</a>]</h3>Domestically, Shearman & Sterling opened up an office in Austin in the first half of 2018 and another office in Houston just two months later.<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-15" style="text-decoration-line: none; background: none;">[15]</a><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-16" style="text-decoration-line: none; background: none;">[16]</a><h2 style="margin: 1em 0px 0.25em; padding: 0px; overflow: hidden; border-bottom: 1px solid rgb(162, 169, 177); font-weight: normal; font-family: " linux="Linux" libertine="Libertine" georgia="Georgia" times="Times" serif="serif" line-height="line-height" background-color="background-color" rgb="rgb"><a href="https://en.wikipedia.org/wiki/CVS_Health" title="CVS Health" style="text-decoration-line: none; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">CVS Health Corp</a>. in its $69 billion acquisition of health insurance company <a href="https://en.wikipedia.org/wiki/Aetna" title="Aetna" style="text-decoration-line: none; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">Aetna</a><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-17" style="text-decoration-line: none; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">[17]</a></h2><h2 style="margin: 1em 0px 0.25em; padding: 0px; overflow: hidden; border-bottom: 1px solid rgb(162, 169, 177); font-weight: normal; font-family: " linux="Linux" libertine="Libertine" georgia="Georgia" times="Times" serif="serif" line-height="line-height" background-color="background-color" rgb="rgb">
</h2><h2 style="margin: 1em 0px 0.25em; padding: 0px; overflow: hidden; border-bottom: 1px solid rgb(162, 169, 177); font-weight: normal; font-family: " linux="Linux" libertine="Libertine" georgia="Georgia" times="Times" serif="serif" line-height="line-height" background-color="background-color" rgb="rgb">Notable clients and cases[</h2><ul style="list-style-image: url(" w="w" skins="skins" vector="Vector" resources="resources" common="common" images="images" bullet-icon.svg="bullet-icon.svg" d4515="d4515" margin="margin" em="em" px="px" padding="padding" color="color" rgb="rgb" font-size="font-size" background-color="background-color"><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Electronic_Arts" title="Electronic Arts" style="text-decoration-line: none; background: none;">Electronic Arts Inc.</a> in connection with a $1 billion investment grade senior notes public offering<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-18" style="text-decoration-line: none; background: none;">[18]</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/WebMD" title="WebMD" style="text-decoration-line: none; background: none;">WebMD Health Corporation</a> in its $2.8 billion sale to <a href="https://en.wikipedia.org/wiki/Internet_Brands" title="Internet Brands" style="text-decoration-line: none; background: none;">Internet Brands</a>, a portfolio company of <a href="https://en.wikipedia.org/wiki/Kohlberg_Kravis_Roberts" title="Kohlberg Kravis Roberts" style="text-decoration-line: none; background: none;">KKR</a><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-19" style="text-decoration-line: none; background: none;">[19]</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Salesforce.com" class="mw-redirect" title="Salesforce.com" style="text-decoration-line: none; background: none;">Salesforce.com</a> in its $2.8 billion acquisition of cloud-based e-commerce platform <a href="https://en.wikipedia.org/wiki/Demandware" title="Demandware" style="text-decoration-line: none; background: none;">Demandware, Inc.</a><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-20" style="text-decoration-line: none; background: none;">[20]</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Lithuania" title="Lithuania" style="text-decoration-line: none; background: none;">The Republic of Lithuania</a> as Respondent in an <a href="https://en.wikipedia.org/wiki/ICSID_Convention" class="mw-redirect" title="ICSID Convention" style="text-decoration-line: none; background: none;">ICSID</a> arbitration brought by <a href="https://en.wikipedia.org/wiki/Veolia" title="Veolia" style="text-decoration-line: none; background: none;">Veolia Environnement S.A.</a><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-21" style="text-decoration-line: none; background: none;">[21]</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Dow_Chemical_Company" title="Dow Chemical Company" style="text-decoration-line: none; background: none;">The </a><a href="https://en.wikipedia.org/wiki/Dow_Chemical_Company" title="Dow Chemical Company" style="text-decoration-line: none; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">Dow Chemical Company</a> in its $4.6 billion split off of the Dow Chlorine Products Business and the related debt-for-debt exchange<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-22" style="text-decoration-line: none; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">[22]</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Credit_Suisse" title="Credit Suisse" style="text-decoration-line: none; background: none;">Credit Suisse</a> in class action lawsuits alleging price fixing of the “spreads” for initial public offerings<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-23" style="text-decoration-line: none; background: none;">[23]</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/General_Electric" title="General Electric" style="text-decoration-line: none; background: none;">General Electric</a> in its $32 billion acquisition of <a href="https://en.wikipedia.org/wiki/Baker_Hughes" title="Baker Hughes" style="text-decoration-line: none; background: none;">Baker Hughes Inc.</a> and combination with <a href="https://en.wikipedia.org/wiki/GE_Oil_and_Gas" title="GE Oil and Gas" style="text-decoration-line: none; background: none;">GE Oil & Gas</a> to form a new publicly traded company<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-24" style="text-decoration-line: none; background: none;">[24]</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/JPMorgan_Chase" title="JPMorgan Chase" style="text-decoration-line: none; background: none;">JP Morgan Chase & Co.</a> as lead arranger for €5.45 billion financings for <a href="https://en.wikipedia.org/wiki/Pirelli" title="Pirelli" style="text-decoration-line: none; background: none;">Pirelli</a><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-25" style="text-decoration-line: none; background: none;">[25]</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Qatar_Investment_Authority" title="Qatar Investment Authority" style="text-decoration-line: none; background: none;">Qatar Investment Authority</a> in its investment in Manhattan West, a development site valued upon completion at up to $8.6 billion<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-26" style="text-decoration-line: none; background: none;">[26]</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Sony" title="Sony" style="text-decoration-line: none; background: none;">Sony</a>, as part of a consortium, in the $4.5 billion acquisition of <a href="https://en.wikipedia.org/wiki/Nortel" title="Nortel" style="text-decoration-line: none; background: none;">Nortel’s</a> patents portfolio<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-27" style="text-decoration-line: none; background: none;">[27]</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Boston_Scientific" title="Boston Scientific" style="text-decoration-line: none; background: none;">Boston Scientific Corporation</a> in the $1.5 billion sale of its Neurovascular Business to <a href="https://en.wikipedia.org/wiki/Stryker_Corporation" title="Stryker Corporation" style="text-decoration-line: none; background: none;">Stryker Corporation</a><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-28" style="text-decoration-line: none; background: none;">[28]</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Bank_of_America" title="Bank of America" style="text-decoration-line: none; background: none;">Bank of America</a> in connection with a $3.1 billion sale and repurchase agreement financing transaction related to <a href="https://en.wikipedia.org/wiki/Amgen" title="Amgen" style="text-decoration-line: none; background: none;">Amgen Inc.’s</a> $10.5 billion purchase of <a href="https://en.wikipedia.org/wiki/Onyx_Pharmaceuticals" title="Onyx Pharmaceuticals" style="text-decoration-line: none; background: none;">Onyx Pharmaceuticals Inc.</a><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-29" style="text-decoration-line: none; background: none;">[29]</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/John_Deere" title="John Deere" style="text-decoration-line: none; background: none;">Deere & Company</a> on the restructuring of its foreign operations<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-30" style="text-decoration-line: none; background: none;">[30]</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/David_Karp" title="David Karp" style="text-decoration-line: none; background: none;">David Karp</a>, the founder and <a href="https://en.wikipedia.org/wiki/Chief_executive_officer" title="Chief executive officer" style="text-decoration-line: none; background: none;">CEO</a> of <a href="https://en.wikipedia.org/wiki/Tumblr" title="Tumblr" style="text-decoration-line: none; background: none;">tumblr</a>, with his employment, retention and tax arrangements in tumblr's $1.1 billion sale to <a href="https://en.wikipedia.org/wiki/Yahoo!" title="Yahoo!" style="text-decoration-line: none; background: none;">Yahoo!</a><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-31" style="text-decoration-line: none; background: none;">[31]</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Synthes" title="Synthes" style="text-decoration-line: none; background: none;">Synthes, Inc.</a> in its $21.3 billion acquisition by <a href="https://en.wikipedia.org/wiki/Johnson%26_Johnson" title="Johnson & Johnson" style="text-decoration-line: none; background: none;">Johnson & Johnson</a><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-32" style="text-decoration-line: none; background: none;">[32]</a></li></ul><h2 style="margin: 1em 0px 0.25em; padding: 0px; overflow: hidden; border-bottom: 1px solid rgb(162, 169, 177); font-weight: normal; font-family: " linux="Linux" libertine="Libertine" georgia="Georgia" times="Times" serif="serif" line-height="line-height" background-color="background-color" rgb="rgb">Controversies[</h2>Among Shearman & Sterling's East Asian clients is the Malaysian sovereign wealth fund <a href="https://en.wikipedia.org/wiki/1Malaysia_Development_Berhad_scandal" title="1Malaysia Development Berhad scandal" style="text-decoration-line: none; background: none;">1MDB</a>, which (under the control of <a href="https://en.wikipedia.org/wiki/Jho_Low" title="Jho Low" style="text-decoration-line: none; background: none;">Jho Low</a>) had wired $368 million from a Swiss bank to the firm's trust account to pay for, among other things, a Beverly Hills hotel, private plane and yacht rentals, and the production of the film <a href="https://en.wikipedia.org/wiki/The_Wolf_of_Wall_Street(2013_film)" title="The Wolf of Wall Street (2013 film)" style="text-decoration-line: none; background: none;">The Wolf of Wall Street</a>. Shearman & Sterling was named in a series of civil complaints filed by the <a href="https://en.wikipedia.org/wiki/United_States_Department_of_Justice" title="United States Department of Justice" style="text-decoration-line: none; background: none;">DOJ</a> "for having provided a trust account through which hundreds of millions of dollars belonging to Malaysia’s 1MDB fund were illicitly siphoned."<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-33" style="text-decoration-line: none; background: none;">[33]</a> However, the report added that neither Shearman nor any of its lawyers are accused of wrongdoing.<h2 style="margin: 1em 0px 0.25em; padding: 0px; overflow: hidden; border-bottom: 1px solid rgb(162, 169, 177); font-weight: normal; font-family: " linux="Linux" libertine="Libertine" georgia="Georgia" times="Times" serif="serif" line-height="line-height" background-color="background-color" rgb="rgb">Recognition[<a href="https://en.wikipedia.org/w/index.php?title=Shearman%26_Sterling&action=edit&section=7" title="Edit section: Recognition" style="text-decoration-line: none; background: none; white-space: nowrap;">edit</a>]</h2>Shearman & Sterling has attained recognition in a number of legal publications and industry rankings for its work in the United States and internationally across a range of practices areas, including: dispute resolution/litigation, <a href="https://en.wikipedia.org/wiki/International_arbitration" title="International arbitration" style="text-decoration-line: none; background: none;">international arbitration</a>, <a href="https://en.wikipedia.org/wiki/Project_finance" title="Project finance" style="text-decoration-line: none; background: none;">project finance</a>, public international law, <a href="https://en.wikipedia.org/wiki/Capital_markets" class="mw-redirect" title="Capital markets" style="text-decoration-line: none; background: none;">capital markets</a>, and <a href="https://en.wikipedia.org/wiki/Mergers_and_acquisitions" title="Mergers and acquisitions" style="text-decoration-line: none; background: none;">mergers and acquisitions</a>.<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-34" style="text-decoration-line: none; background: none;">[34]</a><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-35" style="text-decoration-line: none; background: none;">[35]</a><h2 style="margin: 1em 0px 0.25em; padding: 0px; overflow: hidden; border-bottom: 1px solid rgb(162, 169, 177); font-weight: normal; font-family: " linux="Linux" libertine="Libertine" georgia="Georgia" times="Times" serif="serif" line-height="line-height" background-color="background-color" rgb="rgb">Pro bono[<a href="https://en.wikipedia.org/w/index.php?title=Shearman%26_Sterling&action=edit&section=8" title="Edit section: Pro bono" style="text-decoration-line: none; background: none; white-space: nowrap;">edit</a>]</h2>Shearman & Sterling has an active pro bono practice. Globally, the firm was pro bono counsel to the <a href="https://en.wikipedia.org/wiki/International_Criminal_Tribunal_for_Rwanda" title="International Criminal Tribunal for Rwanda" style="text-decoration-line: none; background: none;">International Criminal Tribunal for Rwanda</a> (ICTR) in <a href="https://en.wikipedia.org/wiki/Arusha,Tanzania" class="mw-redirect" title="Arusha, Tanzania" style="text-decoration-line: none; background: none;">Arusha, Tanzania</a>. Shearman routinely assists the ICTR through seconding one lawyer there per month to work on particular projects. The firm also assists <a href="https://en.wikipedia.org/wiki/FINCA_International" title="FINCA International" style="text-decoration-line: none; background: none;">FINCA International</a>, the pioneering <a href="https://en.wikipedia.org/wiki/Microcredit" title="Microcredit" style="text-decoration-line: none; background: none;">microcredit</a> and <a href="https://en.wikipedia.org/wiki/Village_banking" title="Village banking" style="text-decoration-line: none; background: none;">village banking</a> non-profit organization. Other pro bono initiatives include asylum cases, <a href="https://en.wikipedia.org/wiki/Violence_Against_Women_Act" title="Violence Against Women Act" style="text-decoration-line: none; background: none;">Violence Against Women Act</a> petitions, criminal appeals and art law representations.<a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-36" style="text-decoration-line: none; background: none;">[36]</a><a href="https://en.wikipedia.org/wiki/Shearman%26_Sterling#cite_note-37" style="text-decoration-line: none; background: none;">[37]</a><h2 style="margin: 1em 0px 0.25em; padding: 0px; overflow: hidden; border-bottom: 1px solid rgb(162, 169, 177); font-weight: normal; font-family: " linux="Linux" libertine="Libertine" georgia="Georgia" times="Times" serif="serif" line-height="line-height" background-color="background-color" rgb="rgb">Notable alumni[<a href="https://en.wikipedia.org/w/index.php?title=Shearman%26_Sterling&action=edit&section=9" title="Edit section: Notable alumni" style="text-decoration-line: none; background: none; white-space: nowrap;">edit</a>]</h2><h3 style="margin: 0.3em 0px 0px; padding-top: 0.5em; padding-bottom: 0px; overflow: hidden; line-height: 1.6; background-color: rgb(255, 255, 255);">Business[<a href="https://en.wikipedia.org/w/index.php?title=Shearman%26_Sterling&action=edit&section=10" title="Edit section: Business" style="text-decoration-line: none; background: none; white-space: nowrap;">edit</a>]</h3><ul style="list-style-image: url(" w="w" skins="skins" vector="Vector" resources="resources" common="common" images="images" bullet-icon.svg="bullet-icon.svg" d4515="d4515" margin="margin" em="em" px="px" padding="padding" color="color" rgb="rgb" font-size="font-size" background-color="background-color"><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Markus_U.Diethelm" title="Markus U. Diethelm" style="text-decoration-line: none; background: none;">Markus U. Diethelm</a>, former international associate (1989–1992), and current general counsel of <a href="https://en.wikipedia.org/wiki/UBS_AG" class="mw-redirect" title="UBS AG" style="text-decoration-line: none; background: none;">UBS AG</a>.</li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Philippe_Dauman" title="Philippe Dauman" style="text-decoration-line: none; background: none;">Philippe Dauman</a>, former associate (1978–1987) and partner (1987–1993), and current CEO of <a href="https://en.wikipedia.org/wiki/Viacom(2005%E2%80%93present)" class="mw-redirect" title="Viacom (2005–present)" style="text-decoration-line: none; background: none;">Viacom</a>.</li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Mitch_Caplan" title="Mitch Caplan" style="text-decoration-line: none; background: none;">Mitch Caplan</a>, former associate (1984–1990) and former CEO of <a href="https://en.wikipedia.org/wiki/E-Trade" title="E-Trade" style="text-decoration-line: none; background: none;">E-Trade</a>.</li><li style="margin-bottom: 0.1em;">Dr. <a href="https://en.wikipedia.org/wiki/Ann_Olivarius" title="Ann Olivarius" style="text-decoration-line: none; background: none;">Ann Olivarius</a>, former Head of Corporate Practice, Washington, DC (1991-1992), and now Chair of the Executive Committee, <a rel="nofollow" class="external text" href="https://www.mcolaw.com/" style="text-decoration-line: none; background: url("");" w="w" resources="resources" src="src" mediawiki.skinning="mediawiki.skinning" images="images" external-ltr.svg="external-ltr.svg" right="right" center="center" no-repeat="no-repeat" padding-right="padding-right" px="px">McAllister Olivarius</a>.</li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Bob_Woodruff" title="Bob Woodruff" style="text-decoration-line: none; background: none;">Bob Woodruff</a>, former associate and <a href="https://en.wikipedia.org/wiki/ABC_News" title="ABC News" style="text-decoration-line: none; background: none;">ABC News</a> journalist.</li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Nina_Zagat" class="mw-redirect" title="Nina Zagat" style="text-decoration-line: none; background: none;">Nina Zagat</a>, co-founder and co-chair of the Zagat Survey, was associated with the firm from 1966-1990.</li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Tim_Bezbatchenko" title="Tim Bezbatchenko" style="text-decoration-line: none; background: none;">Tim Bezbatchenko</a>, current general manager of <a href="https://en.wikipedia.org/wiki/Toronto_FC" title="Toronto FC" style="text-decoration-line: none; background: none;">Toronto FC</a> of <a href="https://en.wikipedia.org/wiki/Major_League_Soccer" title="Major League Soccer" style="text-decoration-line: none; background: none;">Major League Soccer</a>.</li></ul><h3 style="margin: 0.3em 0px 0px; padding-top: 0.5em; padding-bottom: 0px; overflow: hidden; line-height: 1.6; background-color: rgb(255, 255, 255);">Government[<a href="https://en.wikipedia.org/w/index.php?title=Shearman%26_Sterling&action=edit&section=11" title="Edit section: Government" style="text-decoration-line: none; background: none; white-space: nowrap;">edit</a>]</h3><ul style="list-style-image: url(" w="w" skins="skins" vector="Vector" resources="resources" common="common" images="images" bullet-icon.svg="bullet-icon.svg" d4515="d4515" margin="margin" em="em" px="px" padding="padding" color="color" rgb="rgb" font-size="font-size" background-color="background-color"><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Melody_Barnes" title="Melody Barnes" style="text-decoration-line: none; background: none;">Melody Barnes</a>, former associate and former senior domestic policy adviser to former President <a href="https://en.wikipedia.org/wiki/Barack_Obama" title="Barack Obama" style="text-decoration-line: none; background: none;">Barack Obama</a>.</li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Laurens_Jan_Brinkhorst" title="Laurens Jan Brinkhorst" style="text-decoration-line: none; background: none;">Laurens Jan Brinkhorst</a>, Dutch politician, minister and member of the European Parliament.</li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Raymond_J.Dearie" title="Raymond J. Dearie" style="text-decoration-line: none; background: none;">Raymond J. Dearie</a>, former associate (1969–1971), Judge of the <a href="https://en.wikipedia.org/wiki/United_States_District_Court_for_the_Eastern_District_of_New_York" title="United States District Court for the Eastern District of New York" style="text-decoration-line: none; background: none;">United States District Court for the Eastern District of New York</a>.</li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/James_Donato" title="James Donato" style="text-decoration-line: none; background: none;">James Donato</a>, former partner (2009–2014), Judge of the <a href="https://en.wikipedia.org/wiki/United_States_District_Court_for_the_Northern_District_of_California" title="United States District Court for the Northern District of California" style="text-decoration-line: none; background: none;">United States District Court for the Northern District of California</a>.</li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Joseph_A.Doyle" title="Joseph A. Doyle" style="text-decoration-line: none; background: none;">Joseph A. Doyle</a>, former associate (1947–1956) and partner (1956–1979), <a href="https://en.wikipedia.org/wiki/Assistant_Secretary_of_the_Navy(Manpower_and_Reserve_Affairs)" title="Assistant Secretary of the Navy (Manpower and Reserve Affairs)" style="text-decoration-line: none; background: none;">Assistant Secretary of the Navy (Manpower and Reserve Affairs)</a> in the <a href="https://en.wikipedia.org/wiki/Carter_Administration" class="mw-redirect" title="Carter Administration" style="text-decoration-line: none; background: none;">Carter Administration</a>.</li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/William_Francis_Kuntz" title="William Francis Kuntz" style="text-decoration-line: none; background: none;">William Francis Kuntz</a>, former associate (1978–1986), Judge of the <a href="https://en.wikipedia.org/wiki/United_States_District_Court_for_the_Eastern_District_of_New_York" title="United States District Court for the Eastern District of New York" style="text-decoration-line: none; background: none;">United States District Court for the Eastern District of New York</a>.</li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/John_McCarthy(ambassador_born_1942)" class="mw-redirect" title="John McCarthy (ambassador born 1942)" style="text-decoration-line: none; background: none;">John McCarthy</a>, former associate (1966–1967), and former Australian ambassador to various countries including Vietnam, Mexico, the United States and Japan.</li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Jeffrey_A.Meyer" title="Jeffrey A. Meyer" style="text-decoration-line: none; background: none;">Jeffrey A. Meyer</a>, former associate, Judge of the <a href="https://en.wikipedia.org/wiki/United_States_District_Court_for_the_District_of_Connecticut" title="United States District Court for the District of Connecticut" style="text-decoration-line: none; background: none;">United States District Court for the District of Connecticut</a>.</li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Caroline_Mulroney" title="Caroline Mulroney" style="text-decoration-line: none; background: none;">Caroline Mulroney</a>, former associate and former <a href="https://en.wikipedia.org/wiki/Attorney_General_of_Ontario" title="Attorney General of Ontario" style="text-decoration-line: none; background: none;">Attorney General of Ontario</a>.</li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Clark_T.Randt,Jr." class="mw-redirect" title="Clark T. Randt, Jr." style="text-decoration-line: none; background: none;">Clark T. Randt, Jr.</a>, formerly Shearman & Sterling's China Managing Partner, served as <a href="https://en.wikipedia.org/wiki/U.S.Ambassador_to_China" class="mw-redirect" title="U.S. Ambassador to China" style="text-decoration-line: none; background: none;">U.S. Ambassador to China</a> from 2001-2009.</li></ul><h3 style="margin: 0.3em 0px 0px; padding-top: 0.5em; padding-bottom: 0px; overflow: hidden; line-height: 1.6; background-color: rgb(255, 255, 255);">Academia[<a href="https://en.wikipedia.org/w/index.php?title=Shearman%26_Sterling&action=edit&section=12" title="Edit section: Academia" style="text-decoration-line: none; background: none; white-space: nowrap;">edit</a>]</h3><ul style="list-style-image: url(" w="w" skins="skins" vector="Vector" resources="resources" common="common" images="images" bullet-icon.svg="bullet-icon.svg" d4515="d4515" margin="margin" em="em" px="px" padding="padding" color="color" rgb="rgb" font-size="font-size" background-color="background-color"><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Charles_W.Mooney_Jr." title="Charles W. Mooney Jr." style="text-decoration-line: none; background: none;">Charles ("Chuck") W. Mooney Jr.</a>, the Charles A. Heimbold, Jr. Professor of Law, and former interim Dean, at the <a href="https://en.wikipedia.org/wiki/University_of_Pennsylvania_Law_School" title="University of Pennsylvania Law School" style="text-decoration-line: none; background: none;">University of Pennsylvania Law School</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/Robert_Mundheim" title="Robert Mundheim" style="text-decoration-line: none; background: none;">Robert Mundheim</a> (born 1933), attorney, law professor, and Dean of the <a href="https://en.wikipedia.org/wiki/University_of_Pennsylvania_Law_School" title="University of Pennsylvania Law School" style="text-decoration-line: none; background: none;">University of Pennsylvania Law School</a></li></ul><h2 style="margin: 1em 0px 0.25em; padding: 0px; overflow: hidden; border-bottom: 1px solid rgb(162, 169, 177); font-weight: normal; font-family: " linux="Linux" libertine="Libertine" georgia="Georgia" times="Times" serif="serif" line-height="line-height" background-color="background-color" rgb="rgb">See also[<a href="https://en.wikipedia.org/w/index.php?title=Shearman_%26_Sterling&action=edit&section=13" title="Edit section: See also" style="text-decoration-line: none; background: none; white-space: nowrap;">edit</a>]</h2><ul style="list-style-image: url(" w="w" skins="skins" vector="Vector" resources="resources" common="common" images="images" bullet-icon.svg="bullet-icon.svg" d4515="d4515" margin="margin" em="em" px="px" padding="padding" color="color" rgb="rgb" font-size="font-size" background-color="background-color"><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/White-shoe_firm" title="White-shoe firm" style="text-decoration-line: none; background: none;">White shoe firms</a></li><li style="margin-bottom: 0.1em;"><a href="https://en.wikipedia.org/wiki/List_of_largest_United_States-based_law_firms_by_profits_per_partner" title="List of largest United States-based law firms by profits per partner" style="text-decoration-line: none; background: none;">List of largest United States-based law firms by profits per partner</a></li></ul><h2 style="margin: 1em 0px 0.25em; padding: 0px; overflow: hidden; border-bottom: 1px solid rgb(162, 169, 177); font-weight: normal; font-family: " linux="Linux" libertine="Libertine" georgia="Georgia" times="Times" serif="serif" line-height="line-height" background-color="background-color" rgb="rgb">References</h2><div>...</div>