Financial Times Ranks Cravath for Corporate Matters

Cravath ranked among the most innovative law firms in the categories of Corporate Law, Finance and Lawyers to the Innovators in the Financial Times 2013 U.S. Innovative Lawyers Report, published on November 21.

The Firm received the highest ranking (“standout”) in the Finance category for its work on behalf of Cincinnati Bell in the conversion of its data center into a real estate investment trust and carve-out initial public offering. In addition, Cravath had more matters recognized in this category than any other law firm in the nation. The Firm was cited for its work on the financing of Reynolds Group Holdings’s high-yield debt offering, which utilizes a fungible tack-on structure, and its work in representing Goldman Sachs and JPMorgan, as joint lead arrangers of a US$1 billion secured term loan facility for Navistar, a leading manufacturer of commercial and military trucks, buses, diesel engines and recreational vehicles. Cravath partner Tatiana Lapushchik was quoted in the FT report’s finance feature entitled “Novel Solutions.”

In the Corporate Law category, Cravath was ranked for representing AmerisourceBergen in its strategic relationship with Walgreens and Alliance Boots, and representing Crown Castle in its acquisition of the rights to approximately 7,100 T-Mobile towers. In the Lawyers to the Innovators category, the Firm was ranked for representing Barnes & Noble in several strategic investment deals.

Overall, Cravath ranked third among the “FT 40: U.S. Law Firm Innovators 2013” based on the originality, rationale and impact of the Firm’s corporate and litigation work.

Please click here to view the related item.