United States: New York
Shearman & Sterling continue to be successful in New York. That four of its members are nominated to Who’s Who Legal – practice leader Beau W Buffier,Wayne D Collins, Kenneth S Prince and Lisl J Dunlop – illustrates the strength of the practice. Merger work has been prevalent, with Collins, Richard Schwed and Alan Goudiss advising Ardgah in its US$1.7 billion
acquisition of Saint-Gobain’s bottling business. The FTC is also heavily scrutinising a merger between the country’s two largest funeral home owners, in which Shearman is advising Service Corporation International.
Collins also helped Singapore Airlines gain global clearance for the sale of its 49 per cent stake in Virgin Atlantic to Delta Airlines, and he and partner Jessica Delbaum advised Citigroup in the sale of parts of record label EMI to Sony and Universal Music Group. On the investigations side, Shearman represented Credit Suisse in the Libor cartel class actions, which were gutted by a New York federal judge in April. The firm is also involved in the car parts matter and several other undisclosed investigations.