Sullivan Recognized in the 2021 Edition of Chambers USA

Press Release
May 20, 2021

Boston, MA - Sullivan is pleased to announce that its practice groups and attorneys have once again been ranked by Chambers USA in its annual rankings of the foremost law firms and lawyers in the country. The 2021 edition of Chambers USA recognized Sullivan in a number of categories and ranked nine Sullivan attorneys as "leaders in their fields." In addition, Ameek Ashok Ponda received a Nationwide ranking for Tax: REITs.

Chambers USA bases its rankings on market research into the strengths and reputations of U.S. attorneys and law firms. Interviews are conducted with clients and attorneys across the nation to enable Chambers USA to assess technical legal ability, professional conduct, client service, commercial astuteness, diligence, commitment and other valued qualities.

National Rankings

Investment Funds: Registered Funds
REITs 

Regional Rankings

Bankruptcy/Restructuring (Massachusetts)
Employee Benefits & Executive Compensation (Massachusetts)
Real Estate (Massachusetts)
Tax (Massachusetts)

Individual Rankings and Editorial
Practice Rankings/Editorial Comments

Chambers recognized the firm's Bankruptcy & Restructuring Group for its skilled handling of contentious and out-of-court bankruptcy and restructuring matters across the United States. The team was highly recommended for advising on Chapter 11 filings, with niche expertise in aviation. They also regularly advises local and international clients on the sale and acquisition of distressed assets. "I felt very well represented," comments an interviewee, adding: "The are very competent and responsive." Sources describe the team as "very commercially oriented, practical and client-focused." Another commentator praises the firm's "outstanding attorneys with excellent knowledge of the bond industry."

The firm's Employment & Benefits Group was noted for the breadth of its capabilities in employee benefits matters and for its representation of a range of corporate and individual clients, particularly in the financial services industry. The team was singled out for its expertise in tax implications and considerations of benefit plans, M&A-related matters and compensation arrangements. Clients say the firm is "highly skilled, knowledgeable, and takes a 360-degree view on issues." They add that "its counsel has been instrumental to successful outcomes for our firm and clients." Another client reports: "I am always confident that the services I receive from Sullivan & Worcester can be trusted." Sources say Sullivan is"very knowledgeable, combining subject matter expertise with practical and pragmatic advice," adding that it is "very easy to interact with the firm and understand its advice."

Chambers recognized the Investment Management Group for its handling of mutual funds, closed-end funds and ETFs. The team is particularly well regarded for its strength in independent trustee representation. Their "representation of independent directors and trustees of regulated ’40 Act funds has been a distinct specialty of the firm for many years, and they have a deep concentration in this area," said a source. Sources appreciate the team's "very able practitioners in this specialized field."

Sullivan's Real Estate Group was noted for its representation of a range of operators, developers and REITs in transactional matters, such as acquisitions and dispositions, financings and leases. Adept at handling affordable housing issues, development projects and loan workouts. One client remarks: "They are excellent, hard-working and decisive." Another reports: "They are responsive and professional."

According to Chambers, the firm's REITs Group is known for handling a wide spectrum of REIT transactions, including formations, equity and debt offerings and joint ventures. The team combines tax structuring expertise with significant experience of advising on complex M&A, often with cross-border elements. Sources state: "Sullivan & Worcester has one of the top REIT practice teams for technology companies." One source describes the team as "a very strong REIT team. They are highly responsive and quite skilled with virtually all types of capital markets products that REITs issue." "We use them because they deliver top-notch results," says another.

The firm's Tax Group was noted for its advice to clients on the taxation of REITs and employee benefit schemes. The team is respected for its work on M&A and for its ability to advise clients on international tax work. Clients say the team has "deep technical skills and the ability to synthesize complex matters into practical and actionable advice through their unique expertise." Another client praises their ability to "understand and execute complicated deals."

About Sullivan
Sullivan & Worcester (Sullivan) is a leading AmLaw 200 law firm. With more than 200 attorneys in Boston, London, New York, Tel Aviv and Washington, DC, Sullivan combines the breadth of experience and sophistication you expect from a prominent, top-tier law firm with an unusually creative and flexible approach. Sullivan’s clients, including Fortune 500 companies and emerging businesses, rely on Sullivan’s strategic vision, comfort with complexity, and intense focus on results. Sullivan has represented clients around the world and has a deep bench for working on a variety of matters and issues affecting clients globally. For more information, please visit sullivanlaw.com.

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