Cravath, Swaine & Moore LLP Logo
  • Practices
  • People
  • Careers
  • News & Insights
  • Practices
  • People
  • Careers
  • News & Insights
  • Our Story
  • The Cravath System
  • Diversity & Inclusion
  • Pro Bono
  • Alumni Journal
  • 200.Cravath

Cravath’s London Office Moves to 100 Cheapside

Read More

News & Insights

DRI Healthcare Trust’s Acquisition of Payment Streams Based on the Cas9 Gene‑Editing Technology for CASGEVY®

October 04, 2024

On October 3, 2024, DRI Healthcare Trust, a global leader in providing financing to advance innovation in the life sciences industry, announced that one of its wholly owned subsidiaries acquired a portion of Editas Medicine, Inc.'s payment rights under a non‑exclusive license of Editas' Cas9 gene‑editing technology for CASGEVY®, the only approved gene‑edited cell therapy for sickle cell disease and transfusion‑dependent beta thalassemia, for an upfront purchase price of $57 million. The transaction entitles DRI Healthcare to specific payments based on a sublicensing agreement between Editas and Vertex Pharmaceuticals Incorporated. The payments include a share of the annual license fees that Vertex pays to Editas, which can range from $5 million to $40 million, including certain sales‑based annual license fee increases, and a portion of a $50 million contingent payment to which Editas is eligible under the Vertex sublicensing agreement. Cravath is representing DRI Healthcare in connection with the transaction.

The Cravath team is led by partners Cole DuMond and Daniel J. Cerqueira and includes associates Jason O. Rooindej and Alexander J.A. Burger on M&A matters; partner David J. Kappos, of counsel Kathryn‑Ann Stamm and associate Kenya Rowser on intellectual property matters; partner Nicholas A. Dorsey on financing matters; partner Christopher K. Fargo, of counsel Kiran Sheffrin and associate Josh Banafsheha on tax matters; and partner George E. Zobitz and of counsel Alexander Gerten on financial restructuring and reorganization matters. Abby Baskin also worked on M&A matters.

Related Practices & Industries

  • Corporate
  • Mergers and Acquisitions
  • Intellectual Property
  • Capital Markets
  • Banking and Credit
  • Tax
  • Financial Restructuring and Reorganization
  • Private Equity
  • Financial Services and Insurance
  • Healthcare and Life Sciences

People

Photo
Name
Cole DuMond
Title
Corporate
Title
Partner
Email
cdumond@cravath.com
Phone
+1-212-474-1216
vCard
Download vCard

    Education

    • J.D., 2016, University of Pennsylvania Law School
      cum laude
    • B.S., 2013, Cornell University

    Admitted In

    • New York
    Photo
    Name
    Daniel J. Cerqueira
    Title
    Corporate
    Title
    Partner
    Email
    dcerqueira@cravath.com
    Phone
    +1-212-474-1156
    vCard
    Download vCard

      Education

      • J.D., 2013, Harvard Law School
        magna cum laude
      • B.A., 2010, Cornell University
        Phi Beta Kappa

      Admitted In

      • New York
      Photo
      Name
      David J. Kappos
      Title
      Corporate
      Title
      Partner
      Email
      dkappos@cravath.com
      Phone
      +1-212-474-1168
      vCard
      Download vCard

        Education

        • J.D., 1990, University of California, Berkeley, School of Law
        • B.S., 1983, University of California, Davis
          summa cum laude

        Admitted In

        • New York
        • California
        • District of Columbia
        Photo
        Name
        Nicholas A. Dorsey
        Title
        Corporate
        Title
        Partner
        Email
        ndorsey@cravath.com
        Phone
        +1-212-474-1764
        vCard
        Download vCard

          Education

          • J.D., 2009, Cornell Law School
            Order of the Coif, summa cum laude
          • M.Acc., 2006, Case Western Reserve University
            summa cum laude
          • B.S., 2006, Case Western Reserve University
            summa cum laude

          Admitted In

          • New York
          Photo
          Name
          Christopher K. Fargo
          Title
          Tax
          Title
          Partner
          Email
          cfargo@cravath.com
          Phone
          +1-212-474-1236
          vCard
          Download vCard

            Education

            • J.D., 2006, Columbia Law School
              Harlan Fiske Stone; Michael Lynne Scholar
            • B.A., 2003, Boston College
              Honors Program, cum laude

            Admitted In

            • New York
            Name
            George E. Zobitz
            Title
            Corporate
            Title
            Partner
            Email
            jzobitz@cravath.com
            Phone
            +1-212-474-1996
            vCard
            Download vCard

              Education

              • J.D., 1995, New York University School of Law
                with Honors, cum laude
              • B.A., 1991, Franklin & Marshall College

              Admitted In

              • New York
              Photo
              Name
              Kathryn-Ann Stamm
              Title
              Corporate
              Title
              Of Counsel
              Email
              kstamm@cravath.com
              Phone
              +1-212-474-1979
              vCard
              Download vCard

                Education

                • J.D., 2016, Cornell Law School
                • LL.M., 2016, City University of Hong Kong
                • Master II, 2016, University Paris 1 Panthéon-Sorbonne
                • Master I, 2013, University Paris 1 Panthéon-Sorbonne
                • LL.B., 2013, University Paris 1 Panthéon-Sorbonne
                • LL.B., 2013, King's College London
                  First Class Honors.

                Admitted In

                • New York
                Photo
                Name
                Kiran Sheffrin
                Title
                Tax
                Title
                Of Counsel
                Email
                ksheffrin@cravath.com
                Phone
                +1-212-474-1842
                vCard
                Download vCard

                  Education

                  • J.D., 2013, Brooklyn Law School
                    magna cum laude
                  • B.A., 2010, Wesleyan University

                  Admitted In

                  • New York
                  Photo
                  Name
                  Alexander Gerten
                  Title
                  Corporate
                  Title
                  Of Counsel
                  Email
                  agerten@cravath.com
                  Phone
                  +1-212-474-1861
                  vCard
                  Download vCard

                    Education

                    • J.D., 2016, Columbia Law School
                      Harlan Fiske Stone Scholar
                    • B.S., 2012, University of Wisconsin - Madison
                      Graduated with Distinction; Stone Scholarship in Economics

                    Admitted In

                    • New York

                    Related News & Insights

                    Deals & Cases

                    May 15, 2025

                    Greencore’s £1.2 Billion Recommended Acquisition of Bakkavor

                    On May 15, 2025, the boards of Greencore Group plc (“Greencore”), a leading manufacturer of convenience foods in the UK, and Bakkavor Group Plc (“Bakkavor”), a leading provider of fresh prepared food in the UK, announced that they have agreed the terms of a recommended acquisition of Bakkavor by Greencore at a base consideration which values each Bakkavor share at 200 pence, which implies Bakkavor’s entire issued and to be issued share capital is valued at approximately £1.2 billion. Under the terms of the transaction, Bakkavor shareholders will be entitled to (for each Bakkavor share): 0.604 new Greencore shares, 85 pence in cash and one contingent value right. Cravath is representing Greencore as U.S. counsel in connection with the transaction.

                    Deals & Cases

                    May 09, 2025

                    TaskUs’s Take‑Private Acquisition by its Co‑Founders and Blackstone

                    On May 9, 2025, TaskUs, Inc. (“TaskUs”), a leading provider of outsourced digital services and next‑generation customer experience to companies, announced it has entered into a definitive agreement to become a privately held company. Under the terms of the agreement, an affiliate of Blackstone, TaskUs Co‑Founder and Chief Executive Officer Bryce Maddock and TaskUs Co‑Founder and President Jaspar Weir (collectively the “Buyer Group”) will acquire 100% of the outstanding shares of Class A common stock they do not already own for $16.50 per share in an all-cash transaction. Upon completion of the transaction, the Company’s Class A common stock will no longer be listed on any public market. The TaskUs Board of Directors has approved the transaction upon the unanimous recommendation of a special committee of independent directors (the “Special Committee”), which was formed on March 20, 2025, in response to interest expressed by the Buyer Group in exploring a possible transaction. Cravath is representing the Special Committee in connection with the transaction.

                    Deals & Cases

                    March 18, 2025

                    Wiz’s $32 Billion Acquisition by Google

                    On March 18, 2025, Wiz, Inc. (“Wiz”), a leading cloud security platform headquartered in New York, and Google LLC (“Google”) announced they have signed a definitive agreement for Google to acquire Wiz for $32 billion, subject to closing adjustments, in an all‑cash transaction. Once closed, Wiz will join Google Cloud. Cravath is representing Wiz as regulatory counsel in connection with the transaction.

                    Deals & Cases

                    March 17, 2025

                    PepsiCo’s $1.95 Billion Acquisition of poppi

                    On March 17, 2025, PepsiCo, Inc. (“PepsiCo”) announced that it has entered into a definitive agreement to acquire poppi, a prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes an additional potential earnout consideration subject to the achievement of certain performance milestones within a specified period after closing of the transaction. Cravath is representing PepsiCo in connection with the transaction.

                    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.

                    Explore

                    Cravath, Swaine & Moore LLP Logo
                    • CONTACT US
                    • OUR STORY
                    • ALUMNI PORTAL
                    • DISCLAIMERS & NOTICES

                    Attorney Advertising. ©2025 Cravath, Swaine & Moore LLP.