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Cravath’s London Office Moves to 100 Cheapside

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News & Insights

BioFuel Energy’s Subscription Rights Offering

January 28, 2011

Cravath represented BioFuel Energy Corp. in connection with its offering of subscription rights to purchase interests in preferred stock that was automatically converted into common stock. BioFuel Energy Corp. produces and sells ethanol and its co-products, primarily wet and dry distillers grain, through its wholly owned ethanol production facilities. The transaction closed on January 28, 2011.

The Cravath team included partner Craig F. Arcella on corporate matters and partner Andrew W. Needham on tax matters.

Related Practices & Industries

  • Corporate
  • Tax

People

Photo
Name
Craig F. Arcella
Title
Corporate
Title
Partner
Email
carcella@cravath.com
Phone
+1-212-474-1024
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    Education

    • J.D., 1998, Columbia Law School
      Harlan Fiske Stone Scholar
    • B.A., 1995, Duke University

    Admitted In

    • New York
    Photo
    Name
    Andrew W. Needham
    Title
    Tax
    Title
    Retired Partner
    Email
    aneedham@cravath.com
    Phone
    +1-212-474-1999
    vCard
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      Education

      • M.B.A., 1992, The Wharton School of the University of Pennsylvania
      • LL.M., 1990, Georgetown University Law Center
      • J.D., 1986, Georgetown University Law Center
      • B.A., 1982, University of Arizona College of Law

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      Deals & Cases

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      Ripple Labs, Inc.’s Private Placement of Class A Common Stock

      Cravath represented funds managed by affiliates of Brevan Howard in connection with an investment in Ripple Labs, Inc., consisting of a private placement of Class A Common Stock, as part of Ripple’s $500 million strategic investment at a $40 billion valuation, led by funds managed by affiliates of Fortress Investment Group, affiliates of Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard and Marshall Wace. The transaction closed on November 4, 2025.

      Cravath Bicentennial

      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.

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