Cravath represented the European Investment Bank (“EIB”) in connection with its $4 billion SEC‑registered notes offering. The purpose of the EIB is to contribute to the balanced and steady development of the internal market among Member States of the European Union. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on April 21, 2026.

On May 4, 2026, Cravath partner Nicole M. Argentieri was featured in the American Bar Association’s Global Anti‑Corruption Committee monthly newsletter, which highlighted her tenure at the U.S. Department of Justice, including as Acting Assistant Attorney General and Head of the Criminal Division, as well as her current work advising boards and companies on an increasingly dynamic enforcement landscape. In the Q&A, Nicole discussed navigating heightened risks in anti‑money laundering and national security, noting that she strives to provide a practical perspective to clients so they can understand the shifts in enforcement priorities and resources at the DOJ. Reflecting on her career and her favorite historical figure, Abraham Lincoln, Nicole described the importance of resilience and investing in personal relationships to sustain a demanding legal career, advising junior attorneys that “to be good at your job, you must invest in your relationships and stay connected to the people and causes that matter most to you.”

On May 5, 2026, Cravath partner Elad Roisman was named to Washingtonian’s list of “Washington DC’s 500 Most Influential People of 2026,” which recognizes the “power players who work to understand and shape rapidly shifting priorities across the capital.” Elad was highlighted for his reputation and work in the Banking & Finance category.  Elad, who is a member of Cravath’s Corporate Governance and Board Advisory Practice and Financial Institutions Group, as well as head of the Digital Assets Practice, also shared the best career advice he ever received: “Go into every meeting expecting to learn something new and be impressed.”

On April 26, 2026, the Harvard Journal of Law & Technology’s JOLT Digest published an article written by Cravath partner Sasha Rosenthal‑Larrea and associate Lucille D. Finn entitled “Beyond FLOPs: Shortcomings of FLOPs as a Model Classification Metric in AI Regulation.” The article examines the efficacy of a metric that is often used to determine whether an AI model should be regulated: the total number of floating point operations (“FLOPs”), a measurement of the total amount of computational effort used in the model’s training process. The authors outline where FLOPs fall short when used to evaluate a model’s sophistication or potential danger and urge regulators to retain an awareness of these limitations as they navigate AI policymaking and compliance.

On April 27, 2026, Integris, a national leader in managed AI and IT services backed by OMERS Private Equity, announced its intent, subject to regulatory approval, to acquire First Focus, the largest managed service provider serving small and midsize businesses in Australia, New Zealand and the Philippines. Cravath is representing Integris as U.S. counsel in connection with the transaction.

On April 28, 2026, Cravath published the latest edition of its Artificial Intelligence Developments Newsletter, which includes a high-level review of activity across technical, regulatory, legal, and market areas of AI over the last month.  

Cravath partner David J. Kappos participated in “Innovation to Impact: IP as an International Growth Engine,” which was hosted by the Licensing Executives Society International from April 26‑29, 2026 in Dublin, Ireland. Dave spoke on a panel entitled “Innovation as a Driver for Business Growth,” which examined how IP is developed and managed within organizations, how its value and return on investment are demonstrated to senior leadership and how IP increasingly informs business planning and investment decisions. Panelists also discussed how these practices have evolved in recent years and what truly differentiates companies that successfully leverage IP to accelerate technology development and drive sustainable business growth.

Cravath represented the initial purchasers in connection with the $3 billion 144A/Reg. S notes offering of ERAC USA Finance LLC, guaranteed by Enterprise Holdings, Inc., a leading global mobility solutions provider operating under the Enterprise Mobility corporate brand. The transaction closed on April 14, 2026.

Wiebe Dijkstra is a tax partner at the law firm De Brauw Blackstone Westbroek in Amsterdam, the Netherlands. In this episode of On Tax, he and Cravath partner and host Len Teti talk about Wiebe’s nonlinear path into tax practice, as well as the Best Friends network, through which the two partners and their respective firms frequently collaborate. Wiebe also discusses his approach to mentoring young talent and shares what clients might identify as his professional “superpower.”

On April 27, 2026, Thermo Fisher Scientific Inc. (“Thermo Fisher”), the world leader in serving science, announced that it has signed a definitive agreement to sell its microbiology business, which provides antimicrobial susceptibility testing and culture media solutions for clinical, pharmaceutical and food safety testing, to Astorg, a leading pan‑European private equity firm, for consideration of approximately $1.075 billion, consisting of cash and a $50 million seller note. Cravath is representing Thermo Fisher in connection with the transaction.

Cravath of counsel Kathryn‑Ann Stamm participated in the African Women Entrepreneurship Cooperative’s 2026 General Assembly, themed “Legacy,” which was held from April 15‑17 in Lusaka, Zambia. Kathryn‑Ann led a multi‑session learning lab entitled “Protecting What You Build: Turning Your Brand, Ideas & Knowledge Into Legacy Assets,” which guided entrepreneurs through how to identify, strengthen, and legally protect the intellectual property assets already embedded in their businesses, from brand names and creative content to trade secrets, customer data and online presence. Through hands‑on exercises and real‑world case studies, the learning lab equipped attendees with a practical toolkit, including strategies for trademark registration, copyright documentation, confidentiality agreements, and the responsible use of AI, empowering them to turn their brands, ideas, and knowledge into durable legacy assets. Kathryn‑Ann also facilitated a business dialogue entitled “If You Stepped Away Tomorrow: Getting What’s in Your Head Into Your Business,” which challenged participants to evaluate whether their critical business assets, such as their name and branding, recipes and formulas, operational processes, customer knowledge, and internet properties, are properly documented, organized and owned by the business itself rather than residing solely with the founder.

Cravath represented the administrative agents, joint lead arrangers and joint bookrunners in connection with a $5 billion revolving credit facility made available to Marathon Petroleum Corporation, a leading, integrated, downstream and midstream energy company, and a $2.5 billion revolving credit facility made available to MPLX LP, a master limited partnership formed by Marathon Petroleum Corporation. MPLX LP owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. The transactions closed on April 7, 2026.

On April 17, 2026, Cravath of counsel Scott B. Reents participated in Stanford Law School’s Generative Legal 2026 conference in Palo Alto, California, which brought together senior in‑house counsel, law firm partners, technologists, investors and academics to explore how AI is reshaping legal practice. Scott spoke on a panel entitled “Impact of AI on the Legal Industry,” which discussed how generative AI is reshaping the talent pipeline and operating models in law. Panelists examined how junior attorneys will gain foundational experience with AI and how law firms and in‑house departments are adjusting their structures.

On April 14, 2026, Cravath partner William D. Podurgiel participated in “CHROs as Business Leaders and Board Directors: The Path to the Boardroom,” a program hosted by Challenger, Gray & Christmas in Chicago. Bill spoke during a workshop entitled “The Legal and Regulatory Foundation of Corporate Governance,” which discussed director roles and accountabilities, board structure and operating rhythm, effective board dynamics and private vs. public boards.

On March 19, 2026, Cravath partner Evan Norris participated in the International Chamber of Commerce Mexico and the Anticorruption Commission’s IX Anticorruption Postgraduate Course, hosted in collaboration with Universidad Panamericana. The course brought together high‑level government officials, legal scholars and practitioners for sessions on combatting national and global corruption. Evan’s session was entitled “Beyond the FCPA: Evolving U.S. Approach to Cartel‑Related Bribery and Extortion” and focused on the compliance and enforcement risks for companies in the Americas with potential exposure to criminal groups recently designated by the U.S. State Department as foreign terrorist organizations.

On April 14, 2026, Cravath partner Nicole M. Argentieri participated in the NYU Program on Corporate Compliance and Enforcement’s Spring Compliance Conference. The conference discussed how companies should account for enhanced risk related to the Department of Justice’s focus on cartels, money laundering, government fraud and whistleblowers and how compliance programs should address the changing enforcement landscape. Nicole’s panel was entitled “One Year In: What Lessons Do the Trump Administration’s Enforcement Actions Have for Corporate Compliance Programs?”

Cravath partner Timothy G. Cameron authored the United States chapter of Lexology In‑Depth’s “Class Actions – Edition 10,” which was published on April 13, 2026. The chapter provides an in‑depth overview of class actions in U.S. federal courts and how such actions typically proceed, focusing solely on federal class actions which are established and governed primarily by Rule 23 of the Federal Rules of Civil Procedure.

Cravath partner Faiza J. Saeed was named to The Hollywood Reporter’s annual “Power Lawyers” list, which recognizes attorneys at the “top of their field” who “help keep the wheels of the industry turning” and was published in the April 8, 2026 issue of The Hollywood Reporter Magazine. The feature highlighted Faiza’s representation of Paramount Skydance in its pending $110 billion acquisition of Warner Bros. Discovery, Inc. and the Paramount Special Committee in connection with the company’s $8.4 billion merger with Skydance. She was also recognized for her representation of Hailey Bieber in rhode’s $1 billion acquisition by e.l.f. beauty. This is Faiza’s ninth year being recognized as a “Power Lawyer.”

Cravath partner Daniel J. Cerqueira served as contributing editor of Legal 500’s 2026 “Mergers & Acquisitions Country Comparative Guide,” which was published in April 2026. The guide provides a pragmatic overview of M&A laws and regulations across a variety of jurisdictions. Together with Dan, partner Jin‑Kyu Baek authored the United States chapter of the guide, which reviews M&A trends, the current state of the market, and key considerations for companies and shareholders.

Cravath partners David J. Kappos and Sharonmoyee Goswami participated in the 33rd Annual Intellectual Property Law & Policy Conference, which was hosted by Fordham Law School from April 8‑10, 2026 in New York. Dave moderated a session on current developments in IP, which discussed AI litigation and the evolution of IP doctrine; remedies in technology litigation; territoriality, extraterritoriality, and the limits of judicial authority; institutional competition and the fragmentation of global IP adjudication; and courts as central actors in technology governance. Sharon participated in a session covering patent and frontier technologies. The discussion topics included: patent law and AI governance; recalibrating patentability for the AI era; inventorship and human control; patent linkage and regulatory coordination; and remedies in ecosystem‑based innovation markets.