• You are now in...
  • Asia-Pacific

Sullivan & Cromwell

Sydney

  • The Chifley Tower
  • 2 Chifley Square
  • Sydney
  • New South Wales
  • Australia
  • NSW 2000
  • Chairman: Joseph C Shenker
  • SeniorChairman:   H Rodgin Cohen
  • Number of partners worldwide: 174
  • Number of other lawyers worldwide: 629
  • INTERNATIONAL OFFICES Frankfurt, London, Los Angeles, New York, Palo Alto, Paris, Washington

Firm Overview:
Sullivan & Cromwell LLP provides the highest quality legal advice and representation to clients worldwide.The firm’s record of success and unparalleled client service has set it apart for more than 130 years and made the firm a model for the modern practice of law. Today, S&C is a leader in each of its core practice areas and geographic markets. The firm advises a diverse range of clients on major domestic and cross-border M&A and corporate finance transactions, highstakes litigation and corporate investigations, and complex regulatory, tax and estate planning matters. S&C is committed to clients and transactions in Asia, which have formed an important part of its practice since the 1920s. The firm is a recognised leader in the region’s capital markets, M&A, private equity, privatisation and project finance work. Its Asian clients are spread throughout the region and make up over 20 percent of S&C’s non-US clients.

Main Areas of Practice:
Mergers & Acquisitions/Private Equity:

S&C is the number one US law firm by value of M&A transactions involving an Asian principal announced during the fiveyear period 2008 to 2012, according to data from Bloomberg. Recently, S&C advised on Gloucester Coal’s merger with Yancoal Australia; FountainVest Partners, Carlyle Asia Investment Advisors Limited, CITIC Capital Holdings and China Everbright in the going private of Focus Media; China Mengniu Dairy’s proposed acquisition of Yashili International; AXA’s acquisition of 50% of Tian Ping; Stryker’s pending acquisition of Trauson; Novaled AG’s acquisition by Samsung Group; CITIC Securities’ acquisition of CLSA B.V. from Crédit Agricole SA; the privatisation of China Vanadium; China Telecom’s acquisition of CDMA network assets; China Renaissance’s sale of equity interest in Grant Achieve to Olympus Capital and Anoi; Alibaba’s repurchase of one half of Yahoo! Inc.’s stake in Alibaba; China Mobile’s acquisition of Anhui USTC iFLYTEK; hiSoft Technology’s merger of equals with VanceInfo; China Unicom’s acquisition of stake in China Unicom by China United Network Communications Group from Telefónica; CST Mining’s sale of stake in Marcobre to Cumbres Andinas; ENN Energy and Sinopec’s voluntary general offer for China Gas; Aegis Group’s takeover by Dentsu; Goldman Sachs Japan’s sale of Fujita; Softbank’s acquisition of eAccess; Osaka Securities Exchange’s business combination with Tokyo Stock Exchange; UnionBanCal’s acquisition of Pacific Capital; Nippon Steel’s merger with Sumitomo Metal; and Tokio Marine’s acquisition of Delphi Financial.

Capital Markets:
S&C’s Asian offices regularly advise on some of the largest, most complex, important, groundbreaking transactions in the region, including the IPOs of Mighty River Power, SCA Property Group and Fonterra Shareholders Fund; the debt offerings of St. Barbara, Aurora USA, Wesfarmers, National Australia Bank, Commonwealth Bank of Australia, Newcastle Coal, Leighton Finance, Sydney Airport, APA Group and Nufarm Australia; and the follow on offerings of OceanaGold, Charter Hall Retail REIT and Echo Entertainment. S&C has also advised on the IPO of the People’s Insurance Company of China, the follow-on offering of Frasers Property, the debt offerings of Jaguar Land Rover and China Oriental Group, the new shares placement of G-Resources, and the offering of hybrid perpetual securities of Hutchison Whampoa. In Japan, S&C advised on the IPOs of Japan Tobacco, Japan Airlines, Nippon Prologis REIT, GLP J-REIT and Daiwa House REIT Investment Corporation; the debt offerings of Sompo Japan Insurance, Japan Bank for International Corporation, Nomura Holdings, Takeda Pharmaceutical, and Nippon Life Insurance; and the follow on offering of Industrial & Infrastructure Fund Investment Corporation.

Project Development & Finance:
The firm’s project finance expertise encompasses a strong and growing practice in the Asia Pacific region. S&C advised Australia Pacific LNG in connection with the project financing for its ground-breaking coal seam gas to LNG development on Curtis Island, Queensland, Australia. S&C also advised Sierra Gorda SCM, KGHM International, Sumitomo Metal Mining Co. and Sumitomo Corporation in its financing for the Sierra Gorda copper-gold-molybdenum project in Chile’s Antofagasta region; Focus Media’s leveraged financing, the largest ever leveraged buyout in China and the largest ever going-private transaction for a Chinese business.

Branches

  • 101 Collins Street,
  • Melbourne,
  • Victoria
  • Australia
  • VIC 3000
  • Tel +61 3 9635 1500
  • Fax +61 3 9654 2422
  • Email : chur@sullcrom.com
  • The Chifley Tower ,
  • 2 Chifley Square,
  • Sydney,
  • New South Wales
  • Australia
  • NSW 2000
  • Tel +61 2 8227 6700
  • Fax +61 2 8227 6750
  • Email : chur@sullcrom.com
  • Suite 501,
  • China World Trade Center Tower 1,
  • No. 1 Jian Guo Men Wai Avenue,
  • Beijing,
  • China
  • 100004
  • Tel +86 10 5923 5900
  • Fax +86 10 5923 5950
  • Email : weic@sullcrom.com
  • 28th Floor,
  • Nine Queen's Rd,
  • Central,
  • Hong Kong,
  • China
  • Tel +852 2826 8688
  • Fax +852 2522 2280
  • Email : weic@sullcrom.com
  • Otemachi First Square East Tower 16-F,
  • 5-1, Otemachi 1-chome,
  • Chiyoda-ku,
  • Tokyo,
  • Tokyo-to
  • Japan
  • 100-0004
  • Tel +81 3 3213 6140
  • Fax +81 3 3213 6470
  • Email : akaii@sullcrom.com

Capital Markets - Australia

What the team is known for Part of a long-established network of offices in Asia, offering a leading international capital markets service. Particularly strong track record in US capital markets, also provides related expertise in litigation and tax. 

Work highlights Advised St Barbara on its debut USD250 million notes offering in the US high-yield bond market. The notes were offered in the US under Rule 144A and offshore under Regulation S.

Acted as US counsel to the initial purchasers, led by Barclays, BofA Merrill Lynch, Goldman Sachs and JPMorgan as joint bookrunners, and Mitsubishi UFJ Securities, Mizuho Securities, SMBC Nikko and Scotiabank as co-managers, of Wesfarmers' USD750 million senior notes offering.

Notable practitioners  

Robert Chu's busy year included acting for NAB on its USD1.75 billion aggregate notes offering and also OceanaGold on its AUD94 million offering of common shares under Rule 144A/Regulation S.

The "highly regarded" Burr Henly is active on both US debt and equity offerings. He counts Echo Entertainment Group amongst his clients and advised the group on its AUD966 million aggregate common shares offering pursuant to Rule 144A/Regulation S.

In addition to offering a wealth of experience, Waldo Jones is, according to one client, "a great person and easy to deal with." He acted for the initial purchasers and co-managers on Wesfarmers' senior notes offering, and also acted for Newcastle Coal Infrastructure Group on its debut USD458 million placement of guaranteed senior secured notes pursuant to Section 4(2).

Significant clients Leighton Finance, SCA Property Group, Charter Hall Retail REIT, CBA.