Four Decades for Justice
Cravath represented JPMorgan Chase Bank, N.A. in connection with the arrangement of a $1.5 billion senior secured revolving credit facility made available to Alcoa Nederland Holding B.V. to be used to provide working capital and for other general corporate purposes. Alcoa is a global leader in lightweight metals technology, engineering and manufacturing. The transaction closed on September 16, 2016.
The Cravath team included partner George E. Zobitz and associates David J. Benhamou and Noah X. DeBlasi on banking matters; partner J. Leonard Teti II and associates Peter W. Rogers and Ashley May on tax matters; partner Karin A. DeMasi and associate Nathan E. Denning on litigation matters; senior attorney Annmarie M. Terraciano on environmental matters; and associates Brian B. Kennedy and Peretz Riesenberg on executive compensation and benefits matters. Eric J. Zepp also worked on banking matters.
Deals & Cases
January 09, 2014
On January 9, 2014, Cravath client Alcoa Inc. settled SEC charges and a parallel criminal case concerning alleged FCPA violations in Bahrain following an internal investigation conducted by Cravath and negotiations with both the DOJ and the SEC. Cravath also represented Alcoa in civil litigation concerning these alleged violations and defended Alcoa’s board of directors in related shareholder derivative lawsuits. Both of these matters settled.
Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.
Attorney Advertising. ©2024 Cravath, Swaine & Moore LLP.