Shearman & Sterling LLP

Banking & Finance Department

London (Firms)
Current View:

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What the team is known for Excellent track record of managing a demanding caseload of domestic and cross-border financings, capitalising on its knowledge of the US market to advise on bank bond deals. Retains key panel appointments by major financial institutions, as well as continuing to act for significant borrower-side clients. Regularly instructed on leveraged finance work by an impressive list of private equity sponsors. Also noted for its growing reputation in hedge fund and other alternative lender representations in European direct lending transactions.

Strengths Clients say: "We are very happy with the team. It's a full-service proposition: they hold your hand in the process and guide you through potential issues." 

Sources report:"Overall the service is excellent. They are really great at what they do and are super responsive."

"We know we can rely on the Shearman team for a very high level of legal services even on complicated and time-sensitive transactions," notes one client.

Work highlights Advised Merrill Lynch and Wells Fargo as lead arrangers in connection with the bridge and term loan financings related to Comcast’s £30 billion offer for Sky.

Notable practitioners

Iain Goalen 's banking practice sees him advise on bilateral and syndicated loans in addition to leveraged and acquisition finance matters. One client reports: "He has significant experience that he was able to bring to the table to assist in structuring a transaction."

Jackson Lam has experience acting for lender and borrower clients in addition to sponsors, and has particular expertise in acquisition finance matters. Clients say: "He is great to work with and great at document reviews and analysis. He is very good on the technical side, super responsive and a pleasure to work with."

Korey Fevzi is "truly excellent and thinks outside the box," according to clients. His clients include sponsors, funds, corporates and financial institutions, whom he advises on cross-border leveraged and acquisition financings. Clients say: "He is very responsive, takes the client’s priorities to heart and is very up to speed on the latest developments in loan documentation."

Head of the European finance practice Peter Hayes "is a highly experienced, very thoughtful and measured lawyer who puts clients first."He is experienced in acting for sponsors, borrowers and lenders on complex leveraged and acquisition finance matters.