The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Sullivan & Cromwell has cemented its relationship with drinks giant Diageo, advising the company on its $900m (£456.50m) joint venture with Dutch distiller Ketel One.
The deal will allow Diageo, which owns Smirnoff vodka, to distribute Ketel’s premium vodka brand to a global market with an emphasis on the US.
Sullivan & Cromwell, which has advised Diageo for more than a decade, fielded a large team to act on the purchase, including London M&A partner Richard Morrissey and New York partner Frank Aquila. Both have advised Diageo since 1997, when GrandMet and Guinness merged to create the UK company. New York partner Steven Holley took the lead on anti-trust issues.
Sullivan & Cromwell has emerged as Diageo’s firm of choice for M&A activity involving the US. Last month the firm was instructed on the company’s $105m (£53.26m) purchase of US wine producer Rosenblum Cellars.
The Ketel One deal saw Diageo secure 50 per cent of the company from the Dutch Nolet family, who continue to own the rights to the brand. Ketel One was represented by local firm De Brauw Blackstone Westbroek as well as Wilson Sonsini Goodrich & Rosati in the US.
Diageo also turned to Morgan Lewis on IP, SJ Berwin on European anti-trust issues and Dutch firm NautaDutilh.