Cravath’s London Office Moves to 100 Cheapside
On June 5, 2025, Cravath partner Andrew T. Davis participated in the 2025 Texas Federal Tax Institute, which was held from June 4‑6 in San Antonio, Texas. The event brought together leading corporate, partnership and real estate tax professionals from across the United States to discuss cutting‑edge issues facing tax practitioners. Andrew spoke on a panel entitled “Buying and Selling S Corps,” which reviewed the tax considerations involved in acquiring and selling S corporations for both buyers and sellers, including assuring a buyer step up, minimizing concerns over a busted S election and maximizing capital gain to the seller.
Deals & Cases
June 04, 2025
Cravath represented QUALCOMM Incorporated in connection with its $1.5 billion registered notes offering. QUALCOMM Incorporated is a global technology leader, helping to bring intelligent computing everywhere through the development and commercialization of foundational technologies. The transaction closed on May 21, 2025.
Deals & Cases
June 02, 2025
Cravath represented the initial purchasers in connection with the $350 million 144A/Reg. S fixed‑rate reset senior notes offering of Ascot Group Limited, a global insurance and reinsurance organization offering a broad range of specialty insurance and reinsurance products to customers worldwide through underwriting platforms in the U.K., Bermuda and the U.S. The transaction closed on May 16, 2025.
Deals & Cases
May 27, 2025
Cravath represented the underwriters in connection with the $1.1 billion registered senior notes offering of CBRE Services, Inc., a direct wholly‑owned subsidiary of CBRE Group, Inc. (“CBRE”). CBRE is the world’s largest commercial real estate services and investment firm. The transaction closed on May 12, 2025.
Deals & Cases
May 19, 2025
Cravath represented the initial purchasers in connection with the $500 million 144A/Reg. S sustainable notes offering of Celulosa Arauco y Constitución S.A., one of Latin America's largest forest plantation owners and one of the world's largest producers of pulp and wood products. The transaction closed on May 5, 2025.
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