"Well Known Lawyer Holds High Expectations for Japan" (Nikkei Evening Edition)

August 4, 2009

Sullivan & Cromwell LLP Partner Frank Aquila was quoted in a Nikkei Evening Edition article titled, "Well Known Lawyer Holds High Expectations for Japan." Mr. Aquila said that Japanese companies will play a key role in activating the U.S. M&A market and boosting the U.S. stock market. “Japanese companies have stronger balance sheets and liquidity positions than their U.S. and Europe counterparts. As the Japanese market matures, it is natural to seek growth abroad, he said.  The article also recognized Sullivan & Cromwell as ranking as the number one adviser in overseas M&A transactions by Japanese companies since 2007, specifically in its representation of Mitsubishi UFJ Financial Group in its investment in Morgan Stanley.