Law360 Names Cravath a “Banking Practice Group of the Year”

On January 23, 2019, Cravath was featured as one of Law360’s “Banking Groups of the Year.” This series honors firms based on the significance, complexity and size of the matters in which they were involved over the past year. In recognition of the strength of the Firm’s Litigation and Corporate Departments, Law360’s profile notes “[w]hether it’s hashing out a transaction on the corporate side or fighting through litigation, tailoring innovative strategies to the client was a cornerstone of Cravath’s success.”

The article highlights “a complete defense victory... and a precedent‑setting result” in a “landmark antitrust enforcement case” for American Express before the U.S. Supreme Court, as well as a “momentous” resolution for Credit Suisse in the Lehman Brothers bankruptcy and a decision which cut in half the statute of limitations under the Martin Act, described as “a defining moment for the New York AG’s ability to police the investment industry.” The article also describes Cravath’s role in arranging the cross‑border financing for Australia‑based Reece’s acquisition of a U.S. distributor as “a prime example of the creative and customized structuring that Cravath can provide companies contemplating billion‑dollar deals.”

Cravath partners Richard W. Clary, George E. Zobitz, Kevin J. Orsini and Omid H. Nasab are quoted in the article about the Firm’s various successes and approach to client work.

Please click here to read the article.