Sullivan & Cromwell has been named a “Firm of the Year” for earning Law360’s “Practice Group of the Year” distinction in eight categories—Banking, Bankruptcy, Fintech, Insurance, Product Liability, Tax, Transportation and White Collar—the second most of any firm. The annual awards honor “the attorney teams behind litigation wins and major deals that resonated throughout the legal industry this past year.”
S&C Co-Chairs Robert Giuffra Jr. and Scott Miller attribute the Firm’s success to its generalist model, telling Law360: “Because our lawyers are experts in multiple practice areas, we never follow a 'one-size fits all' approach in handling cases and deals. We've found that the more complex and challenging the matter, the more clients appreciate having lawyers with a broad perspective versus a narrow specialist focus."
S&C was recognized for advising clients on a range of industry-shaping matters, including:
- American Express in its $400 million acquisition of Tock from Squarespace.
- Discover in its agreement to merge with Capital One in a $35.3 billion all-stock transaction.
- FirstEnergy in a multifaceted response to state and federal enforcement investigations.
- FTX Trading in its bankruptcy proceedings, which culminated in its emergence from Chapter 11 in January, just over two years after its collapse and historic bankruptcy filing.
- Great Lakes Insurance in obtaining a unanimous Supreme Court ruling that established important choice-of-law precedent for insurers.
- Hon Hai Precision Industry (Foxconn), the world’s largest electronics manufacturer, in its €500 million investment in the chassis systems and modules business of ZF Friedrichshafen AG.
- Koninklijke Philips in litigation arising from the largest medical device recall in history, helping the client reach a global settlement of personal injury, economic loss and medical monitoring claims following its affiliate’s recall of CPAP machines and other respiratory devices.
- SVB Financial Group, the former parent company of Silicon Valley Bank, on its successful plan of reorganization.