Ally Financial’s decision to sell its Canadian auto finance operations to the Royal Bank of Canada for $4.1 billion, and The Toronto-Dominion Bank’s $5.9 billion purchase of Target’s credit card portfolio has yielded roles for a quartet of top Am Law 100 firms.
Sullivan & Cromwell M&A partner Andrew Gerlach and corporate partner Jay Clayton are leading a team from the firm advising Detroit-based Ally, the former lending arm of General Motors known as GMAC until 2010.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
