Cravath’s London Office Moves to 100 Cheapside
On June 8, 2022, Cravath partner Arvind Ravichandran participated in “Tax Planning for Domestic & Foreign Partnerships, LLCs, Joint Ventures & Other Strategic Alliances 2022,” a program presented by the Practising Law Institute from June 7‑8, 2022.
Arvind spoke during a panel entitled “Distressed Partnerships (Including Bankruptcy and CARES Act),” which discussed a potential resurgence of common forms of debt workouts and restructuring transactions, including bankruptcy, foreclosure, debt modification and contribution of debt to equity due to the effects of the COVID‑19 pandemic, the tax implications that follow when those transactions are carried out through partnerships and the qualification for exclusion and allocation of cancellation of debt income.
Deals & Cases
June 07, 2022
Cravath represented the underwriters in connection with the $1 billion registered debt offering of HSBC USA Inc., an indirect wholly owned subsidiary of HSBC Holdings plc, a global financial services company. The transaction closed on May 24, 2022.
Deals & Cases
June 01, 2022
On June 1, 2022, Aramex PJSC (“Aramex”), a leading global provider of comprehensive logistics and transport solutions, announced it has entered into a binding agreement to fully acquire Access USA Shipping LLC (“MyUS”), a global technology‑driven platform that enables cross‑border e‑Commerce, for a cash purchase price of $265 million, subject to customary adjustments. Cravath is representing Aramex in connection with the transaction.
Deals & Cases
November 18, 2021
Cravath represented the underwriters in connection with the $500 million registered fixed‑to‑floating rate senior notes offering of State Street Corporation, a provider of a broad range of financial products and services to institutional investors worldwide. The transaction closed on November 18, 2021.
Deals & Cases
May 23, 2022
Cravath represented Qualcomm Incorporated in connection with its $1.5 billion registered notes offering. Qualcomm is a global leader in the development and commercialization of foundation technologies and products used in mobile devices and other wireless products. The transaction closed on May 9, 2022.
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