Cravath’s London Office Moves to 100 Cheapside
December 11, 2024
On December 10 and 11, 2024, Cravath partner John W. White participated in the American Institute of Certified Public Accountants (“AICPA”) 2024 Conference on Current SEC and PCAOB Developments, which was held from December 9‑12 in Washington, D.C. John’s first panel, entitled “Best Practices for Navigating SEC Cybersecurity Reporting Requirements,” discussed the SEC’s cybersecurity incident disclosure requirements and how they impact reporting practices, actionable strategies for assessing and determining the materiality of cyber incidents and best practices for involving the board and management in cyber risk oversight to ensure compliance with SEC mandates. John then spoke on a panel entitled “Securities Law Update - The Legal Perspective,” which involved an in depth look at current SEC regulatory and reporting matters and best practices relative to the SEC disclosure requirements.
Deals & Cases
October 20, 2025
On October 17, 2025, Banco Sabadell announced that the public takeover bid launched by BBVA in May 2024 received support from only 25.47% of shareholders, and therefore lapsed as it failed to reach the minimum acceptance threshold required for completion. Banco Sabadell will continue as an independent bank. Cravath is representing Banco Sabadell as U.S. counsel in connection with this matter.
Deals & Cases
August 07, 2025
On August 7, 2025, Paramount Global and Skydance Media (“Skydance”) announced the completion of their merger, creating a standalone global media and entertainment company, Paramount, a Skydance Corporation (“Paramount”). Paramount Class B shares will begin trading today on the Nasdaq Stock Market LLC under “PSKY.” Cravath represented the Paramount Special Committee in connection with the transaction.
Deals & Cases
July 01, 2025
Cravath represented Circle Internet Financial, LLC on SEC regulatory matters concerning the non‑applicability of securities laws to payment stablecoins, concurrent with Circle Internet Group Inc.’s initial public offering.
Deals & Cases
June 04, 2025
On June 4, 2025, Flowserve Corporation (“Flowserve”) and Chart Industries, Inc. (“Chart”) announced that they have entered into a definitive agreement to combine in an all-stock merger of equals, creating a differentiated leader in industrial process technologies. The combined company is expected to have an enterprise value of approximately $19 billion based on the exchange ratio and the closing share prices for Flowserve and Chart as of June 3, 2025. Under the agreement, which has been unanimously approved by the board of directors of each company, at the closing of the transaction Chart shareholders will receive 3.165 shares of Flowserve common stock for each share of Chart common stock owned. Following the close of the transaction, Flowserve shareholders will own approximately 46.5% and Chart shareholders will own approximately 53.5% of the combined company, on a fully diluted basis. Cravath is representing Flowserve in connection with the transaction.
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