Sullivan & Cromwell LLP

Aprajita Dhundia and Ian Ferreira Join Sullivan & Cromwell’s London Office, Enhancing Global Private Equity, M&A and Tax Practices

Sullivan & Cromwell LLP announced today that Aprajita Dhundia and Ian Ferreira will join the firm as partners in its London office. Their arrival marks the next step to further expand the firm’s ...
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S&C Client Tesla Prevails in Landmark Governance Dispute

Tesla Inc. won a landmark ruling from the Delaware Supreme Court reversing the Delaware Chancery Court and reinstating the 10-year incentive compensation plan for its CEO, Elon Musk. The Supreme Court ...
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Digital Assets

S&C’s Digital Assets Practice leverages the Firm’s premier Financial Services and FinTech practices to advise a variety of industry members on their most significant blockchain, digital assets and ...
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FDIC and OCC Propose Rules to Prohibit Regulators’ Use of Reputation Risk

FDIC and OCC Issue NPR to Eliminate ‘Reputation Risk’ from Supervisory Programs ...
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Federal Reserve Capital Stress Testing

On October 24, the Federal Reserve Board released two proposals to update its supervisory stress testing framework, seeking comment on enhanced model transparency, disclosure processes, and proposed ...
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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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SEC Announces It Will Not Respond to Most No-Action Requests for Rule 14a-8 Shareholder Proposals

The SEC Division of Corporation Finance announced that it will not respond to no-action requests for the exclusion of Rule 14a-8 shareholder proposals, other than no-action requests to exclude a ...
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Fifth Circuit Rejects Constitutional Challenge to OCC Enforcement Proceeding

Following the Supreme Court’s decision last summer in SEC v. Jarkesy, former directors of a national bank challenged the OCC’s authority to seek civil money penalties in an administrative proceeding ...
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BIS Establishes 50 Percent Rule for Certain Restricted End-Users

On September 29, 2025, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued an immediately effective interim final rule (referred to as the “Affiliates Rule”) which amends ...
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SEC Chair Highlights Paths for Companies to Exclude Shareholder Proposals

n a speech delivered at the 25th anniversary gala for the University of Delaware’s Weinberg Center for Corporate Governance on October 9, the Chair of the SEC, Paul Atkins, stated that “[t]he view ...
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Leading UK Lawyer Barnabas Reynolds Joins Sullivan & Cromwell’s Financial Institutions Practice

Addition strengthens S&C’s position as preeminent global advisor for cross-border financial institutions transactions and regulatory advice ...
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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 ...