Cleary Gottlieb Steen & Hamilton LLP appoints new tax partner in London

[private]Richard Sultman, partner, advises on corporate taxation, with emphasis on mergers and acquisitions, corporate finance, capital markets and financial products. He advises debtor groups and lenders on the international tax aspects of corporate restructurings, such as the U.K. schemes of arrangement for the Vita Group and TI Automotive. Richard joined the firm’s London office in 2004 and was a resident in the firm’s New York office from 2006 to 2007, after which he returned to London. He has represented ArcelorMittal in several matters, including its acquisition of London Mining South America Limited and in the structuring and implementing of the company’s 2008 Employee Share Purchase Plan. He was also counsel to ArcelorMittal Finance, as borrower, along with ArcelorMittal, as guarantor, in an unsecured $4 billion revolving credit facility. He advised Vale in its $1.6 billion acquisition of mining assets from Rio Tinto and recently represented Tata Steel in connection with its offering of global depository receipts, which was accompanied by the listing of the company’s GDRs on the London Stock Exchange, complementing the existing listing of its shares in India. The transaction was the largest Indian GDR ever to be listed in London. He is a solicitor of the Supreme Court of England and Wales.[/private]

About Cleary Gottlieb

Founded in 1946 by lawyers committed to legal excellence, internationalism and diversity, Cleary Gottlieb Steen & Hamilton LLP is a leading international law firm with approximately 1,100 lawyers around the world.