The National Law Journal has named Sullivan & Cromwell the winner of its “Crisis Management and Government Oversight” award, reflecting the Firm’s extensive record of helping clients navigate the biggest corporate crises. S&C has advised on the following high-profile matters.
- FTX in resolving dozens of governmental investigations and emerging from Chapter 11 with all non-governmental creditors receiving substantially more than 100 percent of the amount normally due under the Bankruptcy Code.
- Discover Financial Services in reaching a resolution of regulatory investigations and enforcement actions that enabled its $50.6 billion merger with Capital One to close.
- TD Bank, one of Canada’s “Big Five” banks, in resolving a DOJ criminal investigation into the bank’s anti-money laundering program, as part of a $3 billion settlement, which also encompasses resolutions with the Federal Reserve, the Office of the Comptroller of the Currency and FinCEN.
- eBay in obtaining the precedent-setting dismissal of an EPA enforcement action over the sale of certain prohibited items on its online marketplace.
- Philips in resolving enforcement matters arising from the largest medical device recall in history involving more than 15 million CPAP and other respiratory devices.