Cravath’s London Office Moves to 100 Cheapside
January 12, 2021
Cravath partner David J. Kappos authored an article entitled “In Appreciation of Positive Changes to SEP Landscape – Recognizing the Outgoing Administration’s Accomplishments,” which was published to the website of intellectual property business media platform IAM on January 11, 2021. The article discusses the outgoing presidential administration’s contributions to antitrust and intellectual property policies relating to standard‑essential patents (“SEPs”), which were engineered by the Department of Justice and the U.S. Patent & Trademark Office. Dave encouraged the incoming administration to continue its predecessor’s “pro‑innovation approach,” which includes a greater balance between the interests of innovators and implementers and the availability of contractual remedies in fair, reasonable and non‑discriminatory (“FRAND”) disputes.
Deals & Cases
January 11, 2021
On January 8, 2021, Roku, Inc. announced that The Roku Channel will become the exclusive place to stream more than 75 premium shows and documentaries that Quibi, a streaming platform designed to deliver short‑form content, created in conjunction with Hollywood’s leading studios and production companies. Roku acquired the exclusive global distribution rights to Quibi’s award‑winning shows and will make the content available for free on an ad‑supported basis in 2021 to all Roku users. Following an internal restructuring by Quibi, Roku acquired Quibi Holdings, LLC, the company that holds all of Quibi’s content distribution rights. Cravath is representing Quibi in connection with the transaction.
Deals & Cases
January 06, 2021
On January 6, 2021, AmerisourceBergen Corporation and Walgreens Boots Alliance, Inc. announced strategic agreements under which AmerisourceBergen will acquire the majority of Walgreens Boots Alliance’s Alliance Healthcare businesses for approximately $6.5 billion, comprised of $6.275 billion in cash and 2 million shares of AmerisourceBergen common stock. In addition, the companies have agreed to extend and expand their commercial agreements through 2029 to drive incremental growth. Cravath is representing AmerisourceBergen in connection with the transaction.
Deals & Cases
December 09, 2020
On December 9, 2020, Elsevier, a global leader in research publishing and information analytics, and part of RELX, announced that it has acquired Shadow Health, a Florida-based developer of virtual simulations in nursing and healthcare education. Cravath represented RELX in connection with the transaction.
Deals & Cases
November 24, 2020
On November 20, 2020, OneWeb, the broadband satellite communications company, announced its emergence from chapter 11. A consortium led by Bharti Global Limited (“Bharti”) and Her Majesty’s Government (“HMG”) (through the UK Secretary of State for Business, Energy and Industrial Strategy) has invested $1 billion in the OneWeb business to offer broadband connectivity services, via a constellation of 650 low Earth orbit satellites. Cravath represented Bharti and the consortium in connection with the transaction.
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