Cravath’s London Office Moves to 100 Cheapside
Cravath represented the underwriters, led by J.P. Morgan Securities, Goldman Sachs & Co. LLC, Evercore ISI and Cantor, in connection with the $316 million registered primary common stock offering of TG Therapeutics, Inc., a biopharmaceutical company dedicated to developing and delivering medicines for patients with B‑cell mediated diseases. The transaction closed on December 17, 2020.
The Cravath team included partners William V. Fogg and Michael E. Mariani and associates Melanie R. Cook and Parth S. Baxi on capital markets matters, and associate Duncan H. Hardell on tax matters. Ahra Cho also worked on capital markets matters and Joana W. Li also worked on tax matters.
Deals & Cases
November 18, 2025
Cravath represented funds managed by affiliates of Brevan Howard in connection with an investment in Ripple Labs, Inc., consisting of a private placement of Class A Common Stock, as part of Ripple’s $500 million strategic investment at a $40 billion valuation, led by funds managed by affiliates of Fortress Investment Group, affiliates of Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard and Marshall Wace. The transaction closed on November 4, 2025.
Deals & Cases
October 31, 2025
Cravath represented the initial purchasers in connection with the $500 million 144A/Reg. S high‑yield senior notes offering of Danaos Corporation, a global shipping company that operates one of the world's largest fleets of containerships. The transaction closed on October 17, 2025.
Deals & Cases
October 27, 2025
Cravath represented the initial purchaser in connection with the $275 million 144A/Reg. S high‑yield senior guaranteed notes offering of Cleveland‑Cliffs Inc., a leading North America‑based steel producer. The transaction closed on October 10, 2025.
Deals & Cases
October 15, 2025
Cravath represented the underwriters in connection with the $1.5 billion registered senior notes offering of Royal Caribbean Cruises Ltd., a global cruise company. The transaction closed on October 1, 2025.
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