S&C’s Restructuring Group is a finalist for New York Law Journal’s ‘Dealmakers of the Year’ award. In the past year, the group has led FTX Trading out of Chapter 11 under a $14+ billion plan that will ...

The seven-day sprint leading to the July 4 signing of the “One Big Beautiful Bill”; Tax increases left on the cutting room floor; July 9 trade deadline and possible action under Section 891; The OBBBA ...

On June 17, 2025, the U.S. Senate passed, by a vote of 68 to 30, the “Guiding and Establishing National Innovation for U.S. Stablecoins Act” or “GENIUS Act.” The GENIUS Act would establish a federal ...

LONDON (JUNE 16, 2025) – Sullivan & Cromwell LLP announced today that Barnabas Reynolds is joining the firm as a partner in its London office. Mr. Reynolds has decades of experience advising financial ...

In the first ever insider-trading claim litigated to trial in the Delaware Chancery Court, S&C prevailed for defendant Rock Holdings Inc. (RHI), the majority shareholder of one of the country’s ...

On May 15, a five-judge panel of New York’s Appellate Division, First Judicial Department, unanimously reversed a lower court and held that a contractual tax-allocation provision was unambiguous and ...

Masimo Corporation, an innovative global medical technology company, agreed to sell its Sound United consumer audio business to HARMAN International, a subsidiary of Samsung Electronics Co., for $350 ...

Melissa Sawyer, Global Head of S&C’s M&A Group, discussed the current dealmaking environment and ways to help boards navigate the continued uncertainty with Law360.

Yesterday, the Federal Reserve Board rescinded two letters (SR 22-6 / CA 22-6 and SR 23-8 / CA 23-5) and, together with the FDIC, withdrew from interagency statements concerning certain crypto-asset ...

SoftBank Group, in partnership with Tether, announced the formation of Twenty One Capital, the first Bitcoin-native public company, in a business combination with Cantor Equity Partners.

NEW YORK (APRIL 23, 2025) – Sullivan & Cromwell announced today that Lawrence Elbaum and Patrick Gadson, two preeminent shareholder activism lawyers, will join the firm April 29 as partners in its New ...

S&C Advises Elon Musk, xAI and X in the merger of xAI and X in a transaction valuing xAI at $80 billion and X at $33 billion ($45 billion enterprise value less $12 billion of debt).