The International Debate around Sovereign Wealth Funds

Steven Guynn, a noted international capital markets lawyer, has held positions as a partner and corporate attorney at major global law firms. As a lawyer focusing on finance, Steven Guynn offers legal support for joint ventures, private equity investments, mergers and acquisitions, and other transactions. In addition, Guynn has significant experience with sovereign wealth funds. In recent years, sovereign wealth funds have met with considerable criticism from politicians and policy makers. After the mortgage crisis that occurred nearly a decade ago, sovereign wealth funds came to the rescue of several major western banks, including Morgan Stanley, UBS, and Merrill Lynch. These rescues could become problematic as foreign interests gain power over financial institutions, which could lead to greater political influence if not kept in check. In both the United States and Europe, many parties have pushed for greater oversight of sovereign wealth funds, and some have even proposed regulation to avoid political controversy. The lack of transparency present in many funds has only increased anxiety over this issue. Politicians continue to call for greater transparency, and the Foreign Investment and National Security Act of 2007 made foreign acquisition of American assets more difficult.

The Responsibilities of a Federal Law Clerk

After graduating from the University of Virginia with his juris doctor, Steven Guynn went on to complete a federal clerkship in the Tenth Circuit Court of Appeals under Judge Monroe G. McKay. During his clerkship, Steven Guynn gained valuable experience that served as the foundation of his legal career. The exact duties of a clerk depend on the employing judge. Therefore, it is important that applicants research positions to be sure that they have an interest in the work that they will be doing, and that the work will be applicable in some way to their later career goals.In general, law clerks focus on legal research and writing. Often, clerks will research complicated legal matters to inform the judge’s decision, and they might draft various orders and opinions or proofread the ones that the judge writes. Additionally, clerks generally communicate with counsel about procedural requirements and ensure that all courtroom proceedings run smoothly. Sometimes, clerks maintain the chambers library or undertake other administrative duties.The Online System for Clerkship Application and Review, or OSCAR, allows judges to list the full responsibilities of their clerks. By checking this system, law graduates can find a position to suit their interests.

Potential Benefits of Merging One or More Organizations

Steven Guynn possesses more than three decades of experience in financial law and has served as a partner with several major international law firms. Over the course of his career, Steven Guynn has focused on many aspects of finance, from private equity investments to debt and equity capital markets transactions. Mr. Guynn has also dealt extensively with companies undergoing mergers. Companies decide to merge for a number of reasons. The decision can make companies more competitive in their own markets or allow them to enter new markets and thereby increase profits. One of the biggest advantages of merging relates to growth: larger companies prove more stable and resistant to changes in the economy and the marketplace. Several other advantages to mergers exist. Often, companies can secure a greater share of the market by sharing industry secrets and proprietary technologies to create new, more competitive products. More human capital means greater diversification, as well as an improved ability to specialize in niche markets. While mergers should ultimately result in more income for the companies involved, professionals must understand that this payoff is rarely, if ever, immediate. On the contrary, mergers require a significant amount of invested capital, and companies must plan to make it through difficult financial times before reaping any reward. Nevertheless, if a merger fails, companies may still come out at an advantage. Often, the extensive planning involved in the process results in a more clearly defined strategy and a better conception of company finances.


Attorney Steven Guynn brings more than three decades of experience to his work, along with considerable expertise in transactional law. Recruited by King & Spalding in early 2011, Mr. Guynn handled matters of corporate finance, joint ventures, private equity, and mergers and acquisitions for the firm, serving individuals and institutional clients around the world. As a testament to his skill, Steven Guynn has spent nearly 15 years listed in the Guide to the World’s Leading Capital Markets Lawyers (Euromoney) and was named in the 2011 and 2012 editions of Latin Lawyer 250, a directory of the top attorneys and law firms practicing in Latin America. In addition, Mr. Guynn received commendation for his work on NextEra Energy Resources’ $1.05 billion sale of natural gas plants to LS Power, a transaction that was named Power Finance & Risk’s Mergers and Acquisitions Deal of the Year. Before accepting that position, Steven Guynn served as a Practice Leader and Partner with Gibson, Dunn & Crutcher in New York for five years. He fulfilled similar roles at Jones Day from 1989 to 2005 in New York and London. Admitted to the New York, Ohio, and Utah Bars, Steven Guynn completed a clerkship in the United States Court of Appeals for the 10th Circuit under now-Senior Circuit Judge Monroe G. McKay. Mr. Guynn graduated summa cum laude from Brigham Young University with his B.A. and earned his J.D. from the University of Virginia School of Law.




Brigham Young University


University of Virginia