Cravath Publishes Summer 2026 Issue of Alumni Journal
Environmental
Our environmental lawyers have extensive experience advising and supporting clients on complicated environmental issues across a broad range of contexts, including mergers and acquisitions, debt and equity offerings, bank loans and other business transactions. We also advise corporate clients and their boards of directors on evolving, and often novel, challenges and opportunities associated with environmental, social and governance (ESG) issues, sustainability concerns and climate change. In addition, we represent clients in complex environmental litigation and investigations, including those relating to remediation matters, climate change and indemnification disputes.
Environmental matters facing businesses are increasingly complex and sophisticated, both legally and scientifically. They often involve difficult technical and regulatory issues that can have significant effects on both day‑to‑day operations and strategic business decisions. As public awareness and investor expectations continue to increase with respect to the management and reporting of such matters, companies must address risks that can impact their financial and reputational core.
We are frequently engaged to assist clients in identifying, assessing and allocating environmental liabilities in corporate transactions, including addressing legal challenges relating to environmental regulatory issues, remediation and other liability matters and SEC environmental disclosure requirements. This also includes the management of significant post‑closing environmental indemnification obligations and legacy liabilities, such as mass toxic tort matters, and resolving environmental‑related contractual disputes. We also regularly advise clients on sustainability reporting and ESG‑related shareholder engagement and proxy matters. Our experience in virtually every industry enables us to understand the long‑term operational and strategic needs of our clients as well as industry‑wide trends and practices, and we use that knowledge to help develop practical solutions to environmental problems and to use environmental opportunities to their best advantage.
Cravath has been ranked as a top‑tier firm for our environmental transactional expertise by Chambers USA since its inception in 2003, and the publication quotes clients as saying:
- Cravath’s environmental practice is “superb” for its “breadth and depth of resources, expertise and flexibility.”
- “There is a total focus on the client and the service is extraordinary.”
- “They are timely and proactive, acting essentially as an in‑house resource at times, but with a very good understanding of market standards and the ever‑changing regulatory landscape.”
- Cravath’s environmental lawyers are “very responsive and pragmatic.”
- “They solve problems, are always available and provide a prompt service.”
- “Outstanding service provided in complex deals.”
- “The firm is very service-oriented, does a good job with staffing, is responsive and communicates well.”
With respect to environmental‑related litigation, which often can involve high‑stakes disputes across multiple forums and involve novel and varied legal theories, Cravath’s litigators are ideally positioned to secure results that can reshape legal and business landscapes for our clients. In defending against these actions, we draw on our technical knowledge to comprehensively address the substantive claims, while our generalist litigation training equips us with the skills to simultaneously manage, coordinate and direct a successful defense, often of numerous concurrent actions.
Environmental matters facing businesses are increasingly complex and sophisticated, both legally and scientifically. They often involve difficult technical and regulatory issues that can have significant effects on both day‑to‑day operations and strategic business decisions. As public awareness and investor expectations continue to increase with respect to the management and reporting of such matters, companies must address risks that can impact their financial and reputational core.
We are frequently engaged to assist clients in identifying, assessing and allocating environmental liabilities in corporate transactions, including addressing legal challenges relating to environmental regulatory issues, remediation and other liability matters and SEC environmental disclosure requirements. This also includes the management of significant post‑closing environmental indemnification obligations and legacy liabilities, such as mass toxic tort matters, and resolving environmental‑related contractual disputes. We also regularly advise clients on sustainability reporting and ESG‑related shareholder engagement and proxy matters. Our experience in virtually every industry enables us to understand the long‑term operational and strategic needs of our clients as well as industry‑wide trends and practices, and we use that knowledge to help develop practical solutions to environmental problems and to use environmental opportunities to their best advantage.
Cravath has been ranked as a top‑tier firm for our environmental transactional expertise by Chambers USA since its inception in 2003, and the publication quotes clients as saying:
- Cravath’s environmental practice is “superb” for its “breadth and depth of resources, expertise and flexibility.”
- “There is a total focus on the client and the service is extraordinary.”
- “They are timely and proactive, acting essentially as an in‑house resource at times, but with a very good understanding of market standards and the ever‑changing regulatory landscape.”
- Cravath’s environmental lawyers are “very responsive and pragmatic.”
- “They solve problems, are always available and provide a prompt service.”
- “Outstanding service provided in complex deals.”
- “The firm is very service-oriented, does a good job with staffing, is responsive and communicates well.”
With respect to environmental‑related litigation, which often can involve high‑stakes disputes across multiple forums and involve novel and varied legal theories, Cravath’s litigators are ideally positioned to secure results that can reshape legal and business landscapes for our clients. In defending against these actions, we draw on our technical knowledge to comprehensively address the substantive claims, while our generalist litigation training equips us with the skills to simultaneously manage, coordinate and direct a successful defense, often of numerous concurrent actions.
Deals & Cases
September 08, 2026
MPLX LP’s $2.25 Billion Registered Senior Notes Offering
Cravath represented the underwriters in connection with the $2.25 billion registered senior notes offering of MPLX LP, a master limited partnership formed by Marathon Petroleum Corporation. MPLX LP owns, operates, develops and acquires pipelines and other midstream assets related to the transportation and storage of crude oil, refined products and other hydrocarbon‑based products. The transaction closed on August 24, 2026.
Deals & Cases
September 08, 2026
Valvoline Inc.’s Revolving Credit Facility and High‑Yield Senior Notes Offering
Cravath represented the administrative agent, joint lead arrangers and joint bookrunners in connection with a $600 million revolving credit facility made available to Valvoline Inc., a leader in automotive preventive maintenance delivering convenient and trusted services in its retail stores throughout the United States and Canada. The transaction closed on August 24, 2026.
Deals & Cases
September 04, 2026
Stanley Black & Decker’s Sale of Excel Industries to Bad Boy Mowers
On September 4, 2026, Stanley Black & Decker, a worldwide leader in Tools and Outdoor, announced that it has entered into a definitive agreement to sell its Excel Industries (“Excel”) business to Bad Boy Mowers. Excel is a leading designer and manufacturer of premium commercial and residential turf‑care equipment under the distinct brand of Hustler Turf Equipment (“Hustler”). Cravath is representing Stanley Black & Decker in connection with the transaction.
Deals & Cases
September 01, 2026
The Mosaic Company’s $2 Billion Registered Senior Notes Offering and Concurrent $1.4 Billion Cash Tender Offer
Cravath represented the underwriters in connection with the $2 billion registered senior notes offering of The Mosaic Company, the world’s leading producer and marketer of concentrated phosphate and potash crop nutrients. Cravath also represented the dealer managers in The Mosaic Company's concurrent $1.4 billion cash tender offer. The transactions closed on August 17, 2026 and August 18, 2026, respectively.
Deals & Cases
August 31, 2026
AdvanSix Inc.’s Credit Facilities
Cravath represented AdvanSix Inc. in connection with $425 million of credit facilities. AdvanSix Inc. is a leading integrated chemistry company that produces essential materials for diverse end markets. The facilities consisted of a $275 million revolving credit facility and a $150 million term loan facility. The transaction closed on August 14, 2026.
Publications
September 10, 2026
Cravath Publishes Finance & Capital Markets Quarterly Review for Q2 2026
On September 9, 2026, Cravath published the latest edition of its Finance & Capital Markets Quarterly Review, which provides insight into practical points, key takeaways and relevant developments related to the bond, equity and loan markets and restructuring activity during the second quarter of 2026. Highlights from this edition include:
Activities
August 26, 2026
Brittany Sukiennik Featured as a 2026 Energy Rising Star by Law360
On August 24, 2026, Cravath partner Brittany L. Sukiennik was featured as part of Law360’s 2026 “Rising Stars” series as one of the top Energy attorneys in the nation under the age of 40. The related profile highlights Brittany’s work for clients including PG&E and Xcel Energy in sprawling and complex wildfire‑related litigation.
Activities
June 11, 2026
Legal 500 United States Ranks Cravath in Top Tier Across 14 Practice Areas and Recognizes 71 Cravath Attorneys
The 2026 edition of the Legal 500 United States ranked Cravath in the top tier nationally in 14 areas: Antitrust - Civil Litigation/Class Actions: Defense; Capital Markets: Debt Offerings (Advice to Issuers); Capital Markets: Debt Offerings (Advice to Underwriters); Capital Markets: Global Offerings (Advice to Issuers); Capital Markets: Global Offerings (Advice to Underwriters); Commercial Lending (Advice to Lenders); Employee Benefits, Executive Compensation and Retirement Plans: Transactional; Environment: Transactional; Financial Services Litigation; International Tax; M&A: Large Deals ($1bn+); M&A Litigation: Defense; Securities Litigation: Defense; and U.S. Taxes: Non‑contentious. In addition, 71 Cravath attorneys were individually recognized by Legal 500 United States this year.
Activities
June 04, 2026
Chambers USA Ranks Cravath in Top Tier for 2026 Across Corporate, Litigation and Tax Practice Areas
The 2026 edition of Chambers USA ranked Cravath in the top tier nationally in seven areas: Antitrust; Capital Markets (Investment Grade Debt – Issuer Counsel); Capital Markets (Investment Grade Debt – Manager Counsel); Corporate Crime & Investigations (Highly Regarded); Corporate/M&A (The Elite); Securities (Regulation – Advisory); and Tax (Corporate & Finance). In New York, the Firm was ranked in the top tier in eleven areas: Antitrust; Bankruptcy/Restructuring (Highly Regarded); Corporate/M&A (The Elite); Employee Benefits & Executive Compensation; Environment (Mainly Transactional); Intellectual Property (Patent: Transactional); Media & Entertainment (Corporate); Litigation (General Commercial: The Elite); Litigation (Securities); Tax; and White‑Collar Crime & Government Investigations (Highly Regarded). Fifty‑one Cravath lawyers were ranked across nineteen practice categories.
Firm News
November 20, 2025
Cravath Announces New Partners and Of Counsels
Cravath has elected the following new partners, who will become members of the Firm on January 1, 2026:
Deals & Cases
September 08, 2026
MPLX LP’s $2.25 Billion Registered Senior Notes Offering
Cravath represented the underwriters in connection with the $2.25 billion registered senior notes offering of MPLX LP, a master limited partnership formed by Marathon Petroleum Corporation. MPLX LP owns, operates, develops and acquires pipelines and other midstream assets related to the transportation and storage of crude oil, refined products and other hydrocarbon‑based products. The transaction closed on August 24, 2026.
Deals & Cases
September 08, 2026
Valvoline Inc.’s Revolving Credit Facility and High‑Yield Senior Notes Offering
Cravath represented the administrative agent, joint lead arrangers and joint bookrunners in connection with a $600 million revolving credit facility made available to Valvoline Inc., a leader in automotive preventive maintenance delivering convenient and trusted services in its retail stores throughout the United States and Canada. The transaction closed on August 24, 2026.
Deals & Cases
September 04, 2026
Stanley Black & Decker’s Sale of Excel Industries to Bad Boy Mowers
On September 4, 2026, Stanley Black & Decker, a worldwide leader in Tools and Outdoor, announced that it has entered into a definitive agreement to sell its Excel Industries (“Excel”) business to Bad Boy Mowers. Excel is a leading designer and manufacturer of premium commercial and residential turf‑care equipment under the distinct brand of Hustler Turf Equipment (“Hustler”). Cravath is representing Stanley Black & Decker in connection with the transaction.
Deals & Cases
September 01, 2026
The Mosaic Company’s $2 Billion Registered Senior Notes Offering and Concurrent $1.4 Billion Cash Tender Offer
Cravath represented the underwriters in connection with the $2 billion registered senior notes offering of The Mosaic Company, the world’s leading producer and marketer of concentrated phosphate and potash crop nutrients. Cravath also represented the dealer managers in The Mosaic Company's concurrent $1.4 billion cash tender offer. The transactions closed on August 17, 2026 and August 18, 2026, respectively.
Deals & Cases
August 31, 2026
AdvanSix Inc.’s Credit Facilities
Cravath represented AdvanSix Inc. in connection with $425 million of credit facilities. AdvanSix Inc. is a leading integrated chemistry company that produces essential materials for diverse end markets. The facilities consisted of a $275 million revolving credit facility and a $150 million term loan facility. The transaction closed on August 14, 2026.
Publications
September 10, 2026
Cravath Publishes Finance & Capital Markets Quarterly Review for Q2 2026
On September 9, 2026, Cravath published the latest edition of its Finance & Capital Markets Quarterly Review, which provides insight into practical points, key takeaways and relevant developments related to the bond, equity and loan markets and restructuring activity during the second quarter of 2026. Highlights from this edition include:
Activities
August 26, 2026
Brittany Sukiennik Featured as a 2026 Energy Rising Star by Law360
On August 24, 2026, Cravath partner Brittany L. Sukiennik was featured as part of Law360’s 2026 “Rising Stars” series as one of the top Energy attorneys in the nation under the age of 40. The related profile highlights Brittany’s work for clients including PG&E and Xcel Energy in sprawling and complex wildfire‑related litigation.
Activities
June 11, 2026
Legal 500 United States Ranks Cravath in Top Tier Across 14 Practice Areas and Recognizes 71 Cravath Attorneys
The 2026 edition of the Legal 500 United States ranked Cravath in the top tier nationally in 14 areas: Antitrust - Civil Litigation/Class Actions: Defense; Capital Markets: Debt Offerings (Advice to Issuers); Capital Markets: Debt Offerings (Advice to Underwriters); Capital Markets: Global Offerings (Advice to Issuers); Capital Markets: Global Offerings (Advice to Underwriters); Commercial Lending (Advice to Lenders); Employee Benefits, Executive Compensation and Retirement Plans: Transactional; Environment: Transactional; Financial Services Litigation; International Tax; M&A: Large Deals ($1bn+); M&A Litigation: Defense; Securities Litigation: Defense; and U.S. Taxes: Non‑contentious. In addition, 71 Cravath attorneys were individually recognized by Legal 500 United States this year.
Activities
June 04, 2026
Chambers USA Ranks Cravath in Top Tier for 2026 Across Corporate, Litigation and Tax Practice Areas
The 2026 edition of Chambers USA ranked Cravath in the top tier nationally in seven areas: Antitrust; Capital Markets (Investment Grade Debt – Issuer Counsel); Capital Markets (Investment Grade Debt – Manager Counsel); Corporate Crime & Investigations (Highly Regarded); Corporate/M&A (The Elite); Securities (Regulation – Advisory); and Tax (Corporate & Finance). In New York, the Firm was ranked in the top tier in eleven areas: Antitrust; Bankruptcy/Restructuring (Highly Regarded); Corporate/M&A (The Elite); Employee Benefits & Executive Compensation; Environment (Mainly Transactional); Intellectual Property (Patent: Transactional); Media & Entertainment (Corporate); Litigation (General Commercial: The Elite); Litigation (Securities); Tax; and White‑Collar Crime & Government Investigations (Highly Regarded). Fifty‑one Cravath lawyers were ranked across nineteen practice categories.
Firm News
November 20, 2025
Cravath Announces New Partners and Of Counsels
Cravath has elected the following new partners, who will become members of the Firm on January 1, 2026:
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