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...Two law professors have claimed that Sullivan & Cromwell put its own interests before that of FTX’s stakeholders, reviving criticism over the law firm’s role in the bankrupt cryptocurrency exchange’s rise...
...We are pleased to reveal the winners of the FT Innovative Lawyers North America Awards 2023, celebrating innovation in the legal industry....
...Others, including Sullivan & Cromwell, are doubling down on a formula that still works for them and delivers the high profitability sought by partners....
...Sam Bankman-Fried and another former top FTX executive have said Sullivan & Cromwell understated the scale of its work for the exchange before its collapse, sharpening the scrutiny of the law firm’s lucrative...
...The US bankruptcy court in Delaware will this month consider whether to allow Sullivan & Cromwell to continue representing FTX and more than 100 companies formerly run by Bankman-Fried in the Chapter 11...
...Since Algernon Sydney Sullivan and William Nelson Cromwell opened their eponymous law firm in 1879, Sullivan & Cromwell has become a go-to practice for the most important companies in the world, from General...
...In recent weeks, Bankman-Fried has in numerous tweets and blog posts accused Sullivan & Cromwell, the law firm representing FTX in its Chapter 11 proceedings, of putting him under pressure to rush the companies...
...Mitch Eitel, partner, Sullivan & Cromwell A leading M&A banking lawyer, Mitch Eitel saw the need for much greater standardisation when he focused on helping minority-owned financial institutions known as...
...The letter did not name the general counsel, but the role is occupied by former Sullivan & Cromwell lawyer Ryne Miller, who joined FTX US in 2021....
...Sullivan & Cromwell, FTX’s longtime legal counsel, has been advising the company on the bankruptcy process and working with FTX general counsel Ryne Miller, himself a former Sullivan lawyer....
...More than four decades later, elite firms such as Sullivan & Cromwell, an adviser to top Wall Street banks and Fortune 500 companies, and Chicago-based giants such as Kirkland & Ellis, which have a roster...
...“It has opened the path for other Hong Kong-incorporated companies to at least say, ‘Hey, it’s do-able’ . . . and have a playbook,” says Kay Ian Ng, managing partner of Sullivan & Cromwell’s Hong Kong office...
...GSBN, based in Hong Kong, counts Chinese state companies Cosco Shipping and Shanghai International Port Group among the alliance, for instance....
...“Many customers invest in cryptocurrency in part to not be publicly identified,” said Sullivan & Cromwell’s Brian Glueckstein in a November 22 hearing....
...Sergio Galvis, partner, Sullivan & Cromwell As head of the firm’s Latin America practice, Sergio Galvis credits his success as the result of being a generalist — an approach he encourages other lawyers...
...deals Sullivan & Cromwell Innovation in data analytics Shearman & Sterling Innovation in dispute resolution Cravath, Swaine & Moore Innovation in racial justice Latham & Watkins Innovation in New...
...So Sullivan & Cromwell joined forces with tech businesses, including digital currency company Circle, to funnel the money to Venezuela via other means....
...But, unlike many other companies hunting for a blockchain application, Franklin Templeton — which has $1.5tn of assets under management — happened on an idea it would actually execute....
...A profound shift in the way the top firms approach the digitisation of their services emerged from the law firm submissions to the FT Innovative Lawyers report for North America this year....
...Latham & Watkins won the case on behalf of the plaintiffs, ensuring the bureau continued the count and appropriately processed the data....
...Elite New York law firm Sullivan & Cromwell has unveiled two vice chairs to take over from boss Joseph Shenker in a rare reshuffle at the top of the 142-year-old practice....
...Clayton, the former chair of the SEC who is an adviser at Sullivan & Cromwell LLP, a law firm....
...The suit, filed by Bluestone’s lawyers Sullivan & Cromwell in the Southern District of New York on Monday, says that the London-based finance firm advanced $850m of financing to Bluestone....
...Other top-tier rivals include Wachtell, Lipton Rosen & Katz, Sullivan & Cromwell and Cravath....
...The orders control funds that pay for the retirement of monks and nuns.An analysis by law firm Sullivan & Cromwell of US shareholder proposals put forth last year found that two of the 10 most prolific filers...
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