Earlier today, following a June 25, 2025 Federal Reserve Board open meeting, the Federal Reserve, the FDIC and the OCC issued a joint proposal to modify the enhanced supplementary leverage ratio ...

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LONDON (JUNE 16, 2025) – Sullivan & Cromwell LLP announced today that Barnabas Reynolds is joining the firm as a partner in its London office. Mr. Reynolds has decades of experience advising financial ...

Four S&C lawyers were newly ranked in the Chambers USA 2025 Guide.. Adam Paris for Antitrust. A partner in S&C’s Litigation Group, Adam has more than 20 years of experience advising clients on a ...

Yesterday, the U.S. Court of Appeals for the Fourth Circuit issued an opinion in Towers Watson & Co. v. National Union Fire Insurance Co. holding that a directors & officers insurance policy with a ...

Corporación Nacional del Cobre de Chile (Codelco), a Chilean state-owned copper mining company and the world’s largest copper producer, has agreed to sell a 49.99 percent interest in Salar de ...

On May 20, 2025, the New York Court of Appeals affirmed the dismissal of two shareholder derivative actions brought against directors and officers of large European companies in decisions with ...

On May 15, a five-judge panel of New York’s Appellate Division, First Judicial Department, unanimously reversed a lower court and held that a contractual tax-allocation provision was unambiguous and ...

The FDIC recently modified its approach to insured depository institution (“IDI”) resolution planning by exempting IDIs from certain content requirements under its IDI resolution planning rule for the ...

Yesterday, the Federal Reserve Board rescinded two letters (SR 22-6 / CA 22-6 and SR 23-8 / CA 23-5) and, together with the FDIC, withdrew from interagency statements concerning certain crypto-asset ...

SoftBank Group, in partnership with Tether, announced the formation of Twenty One Capital, the first Bitcoin-native public company, in a business combination with Cantor Equity Partners.

NEW YORK (APRIL 23, 2025) – Sullivan & Cromwell announced today that Lawrence Elbaum and Patrick Gadson, two preeminent shareholder activism lawyers, will join the firm April 29 as partners in its New ...