Lawdragon Features Cravath’s Capital Markets Practice with Roundtable Discussion on “White‑Hot” Year

Following a virtual roundtable discussion in the Fall of 2020 with members of Cravath’s Capital Markets Practice, Lawdragon featured the Firm in the article “A Pandemic, a Hot Market and ‘All Systems Go’ for Cravath’s Capital Markets Team,” which published on October 30, 2020. In the piece, Cravath partners Philip J. Boeckman, Andrew J. Pitts, Craig F. Arcella, Alyssa K. Caples and Sasha Rosenthal‑Larrea discuss the trajectory of the COVID‑19 pandemic and its impact on the markets in the United States and Europe, how the Firm’s practice is integrated across the New York and London offices, and the group’s work with companies “assessing risk, liquidity and the future of their businesses in the most uncertain of times.” Lawdragon noted that “[d]espite a global economy that nearly ground to a halt, the Cravath Capital Markets team has had a white‑hot year,” with activity that “is thanks, in part, to the firm’s generalist nature, showcased by its breadth in representing both corporate issuers and investment banks” and “allowing it to pivot” from one potential capital solution to another across the debt and equity spectrum and help Cravath’s clients achieve best execution in a dynamic market.

In discussing the impact of the pandemic, the feature covers the high‑yield bond and IPO markets, volatility in financing, restructuring options and SPACs as an alternative to traditional IPOs.

Please click here to read the full feature.