A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets.
This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength.
Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations.
Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
Proposed legislation that would sharpen the law governing U.S.
national security reviews by the Committee on Foreign Investment in
the United States (CFIUS) continues to move through Congress with
bipartisan support, and seems destined to become law in the next
several months. Bills approved recently by committees in both
houses of Congress continue to focus on increasing scrutiny of
foreign investments in U.S. critical technology companies and
investments by Chinese companies, although some of the more
draconian measures included in the original bill have been
stripped. Most noticeable among the changes is a retreat from an
attempt to extend CFIUS jurisdiction to outbound investments such
as joint ventures located abroad. The committee bills would instead
address such extraterritorial concerns by making changes to U.S.
export control laws.
Special thanks to Lisa Raisner, Head of Government Relations,
for her assistance with this publication.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
