Cravath Publishes Winter 2026 Issue of Alumni Journal
March 04, 2026
On March 3, 2026, Cravath partner Evan A. Hill participated in Riveron’s “Navigating Corporate Governance in Today’s Evolving Business World” event in New York. Evan interviewed Jonathan Foster, founder and managing director of Current Capital Partners LLC, with the discussion covering important governance challenges facing boards of directors, including various issues in distressed situations.
Deals & Cases
October 01, 2025
On October 1, 2025, global agricultural technology leader Corteva announced that its Board of Directors has unanimously approved a plan to separate the company into two independent, publicly traded companies, one comprising its current Crop Protection business (“New Corteva”) and the other comprising its current Seed business (“SpinCo”). 2025 net sales attributable to New Corteva are estimated to total $7.8 billion, representing 44% of net sales for Corteva; 2025 net sales attributable to SpinCo are estimated to total $9.9 billion, representing 56% of net sales for Corteva. The separation is expected to be effected through a spin‑off of SpinCo that is intended to qualify as a tax‑free transaction for U.S. federal tax purposes to Corteva shareholders. Cravath is representing Corteva in connection with the transaction.
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