Idorsia’s Credit Facility
March 14, 2017
Cravath represented Johnson & Johnson (“J&J”) in connection with the arrangement of a CHF credit facility equivalent to US$250 million made available to Idorsia Ltd, a subsidiary of J&J, to be used for working capital purposes and other operating expenses including research and development. The transaction closed on March 14, 2017.
The Cravath team included partner George E. Zobitz and associates Jared B. Taylor and Adam M. Sanchez on banking matters; partner J. Leonard Teti II on tax matters; and partner Jonathan J. Katz and associate Matthew J. Bobby on executive compensation and benefits matters. Philip F. Schreiber also worked on executive compensation and benefits matters.
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People
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J.D., 1995, New York University School of Lawwith Honors, cum laude
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B.A., 1991, Franklin & Marshall College
- New York
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J.D., 2005, University of Virginia School of LawOrder of the Coif
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A.B., 1999, Princeton Universitywith Honors
- New York
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LL.M., 2013, New York University School of Law
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J.D., 2007, Benjamin N. Cardozo School of LawOrder of the Coif, Dean's Distinguished Scholar, summa cum laude
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B.S., 2003, Cornell University
- New York
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