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S&C Advises OwlTing in the First Nasdaq Direct Listing of an Asia-Based Fintech Company in the United States

OBOOK Holdings (OwlTing), a blockchain technology company, completed its direct listing on the Nasdaq Global Market—making it the first Asia-based fintech company to achieve a direct listing in the ...
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S&C Obtains Summary Judgment for Barclays in LIBOR Antitrust Multidistrict Litigation

S&C secured summary judgment for Barclays in long-running USD LIBOR multidistrict litigation, resolving all remaining antitrust and state law claims.
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Anthony Lewis and Aisling O’Shea Author Article on National Security Issues in Anticorruption Enforcement for American University National Security Law Brief

Anthony Lewis, Co-Head of S&C’s National Security Practice and Cybersecurity Practice, and Aisling O’Shea, Co-Head of the Firm’s FCPA and Anti-Corruption Group, examined early and recent examples of ...
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Alexis C. Holmes

Palo Alto +1-650-461-5600 [email protected] ...
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Sixth Circuit Reverses Class Certification in Major Securities Fraud Case

Sixth Circuit Clarifies Critical Issues Regarding Reliance and Damages at Class Certification in Securities Fraud Case ...
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Implications of the Government Shutdown on SEC Registered Securities Transactions

Summary The federal government shutdown commenced at midnight on October 1, 2025, and proposals to reopen the government failed on October 3, extending the shutdown further into the fourth quarter. On ...
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President Trump Issues Executive Order on “Politicized or Unlawful Debanking”

President Trump signed an Executive Order titled “Guaranteeing Fair Banking for All Americans.” The Order states that “[i]t is the policy of the United States that no American should be denied access ...
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Senate Passes GENIUS Act to Establish a Regulatory Framework for Stablecoins Issued or Sold in the United States

On June 17, 2025, the U.S. Senate passed, by a vote of 68 to 30, the “Guiding and Establishing National Innovation for U.S. Stablecoins Act” or “GENIUS Act.” ...
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IRS Issues Interim Guidance on Corporate Alternative Minimum Tax

IRS Announces Intent to Partially Withdraw Previously Proposed Regulations and Provides Interim Guidance Including Revised Rules Governing Domestic Transactions, Troubled Companies and Acquiring ...
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California Air Resources Board Second Public Workshop on Climate Reporting Under SB 253 and SB 261

California Air Resources Board Second Public Workshop on Climate Reporting Under SB 253 and SB 261 Proposes June 30, 2026 Deadline for Initial Scope 1 and 2 GHG Emissions Reporting under SB 253 ...
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Sullivan & Cromwell Accelerates Expansion of London Practice, Adding Restructuring and Private Equity Leaders Kon Asimacopoulos and Mike Francies

LONDON (SEPTEMBER 1, 2025) – Sullivan & Cromwell LLP announced today the next step forward in its global strategic plan to enhance and expand its private capital, restructuring and leveraged finance ...
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SEC Grants No-Action Relief for Auto-Voting Program for Retail Shareholders

On September 15, the Staff of the SEC said that it will not recommend enforcement action if ExxonMobil implements its proposed Retail Voting Program.