Sullivan & Cromwell Recognized as Best Securities Practice by Law360January 30, 2020 Read More
Sullivan & Cromwell has been recognized as one of Law360’s Securities Practice Groups of the Year for 2019. The annual awards recognize top law firms for their work on deals or litigation that are notable for their size, complexity or significance.
S&C is renowned for its preeminent securities law practice, and frequently plays a prominent role in the highest-profile securities matters. As Law360 recognized, the Firm’s unique approach to the practice of law allows it to prevail in long-term, high-stakes cases that others might settle. Sharon Nelles, managing partner of the litigation practice, told the publication, “We can field the appropriate team for any case that comes in,” adding that “the same teams are taking care of every aspect of those cases, which leads to flawless execution for the clients.”
Highlights for the Firm’s litigation Securities Group include:
- Achieving precedent-setting results for Ally Financial and others following the Supreme Court’s Cyan decision
- Steering UBS through a bold strategy that ended in the complete defeat of Enron-related litigation, capping a 17-year legal dispute
- Winning a dismissal of financial claims for Barclays that set a precedent under New York law for cases involving common law trusts