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Cravath Publishes Summer 2026 Issue of Alumni Journal

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News & Insights

TXSE Group Secures SEC Approval of Texas Stock Exchange

October 01, 2025

On September 30, 2025, TXSE Group Inc (“TXSE Group”) announced that the U.S. Securities and Exchange Commission (“SEC”) has formally approved the Texas Stock Exchange’s Form 1 registration to operate as a national securities exchange. Cravath represented TXSE Group in connection with this matter. 

The Cravath team on the exchange registration was led by partners Elad Roisman, Jeffrey T. Dinwoodie and William D. Podurgiel and included associates Caroline B. Shinkle and Liam Ives Morris.

Related Practices & Industries

  • Corporate
  • Financial Institutions Group (FIG)
  • Corporate Governance and Board Advisory
  • Emerging and Founder-Led Companies
  • Financial Services and Insurance
  • Fintech
  • Technology

People

Photo
Name
Jeffrey T. Dinwoodie
Title
Corporate
Title
Partner
Email
jdinwoodie@cravath.com
Phone
+1-202-869-7744
vCard
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    Education

    • J.D., 2008, American University Washington College of Law
      magna cum laude
    • B.S., 2005, George Mason University

    Admitted In

    • New York
    • District of Columbia
    Photo
    Name
    William D. Podurgiel
    Title
    Corporate
    Title
    Partner
    Email
    wpodurgiel@cravath.com
    Phone
    +1-212-474-1628
    vCard
    Download vCard

      Education

      • J.D., 2011, The University of Texas School of Law
      • B.A., 2004, University of Pennsylvania
        cum laude

      Admitted In

      • New York

      Related News & Insights

      Deals & Cases

      September 25, 2025

      Webster Financial Corporation’s Fixed Rate Reset Subordinated Notes Offering

      Cravath represented the underwriters in connection with the $350 million fixed rate reset subordinated notes offering of Webster Financial Corporation, a bank holding company of Webster Bank, a commercial bank with a national bank charter focused on providing financial products and services to businesses, individuals and families. The transaction closed on September 11, 2025.

      Deals & Cases

      September 22, 2025

      Jefferies and SMBC Group’s Significant Expansion of Global Strategic Alliance

      On September 19, 2025, Jefferies Financial Group, Inc. (“Jefferies”) and Sumitomo Mitsui Financial Group, Inc., Sumitomo Mitsui Banking Corporation and SMBC Nikko Securities Inc. (collectively, “SMBC Group”) announced they are significantly expanding their Global Strategic Alliance. This will include a joint venture to combine their Japanese equities and ECM businesses. As part of this expansion, SMBC intends to increase its equity ownership in Jefferies to up to 20% in the open market. Cravath is representing Jefferies in connection with the transactions.

      Deals & Cases

      July 01, 2025

      Circle’s Regulatory Clarity Amidst IPO Process

      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

      February 10, 2025

      FactSet’s Acquisition of LiquidityBook

      On February 10, 2025, FactSet, a global financial digital platform and enterprise solutions provider, announced the acquisition of LiquidityBook, a leading provider of cloud‑native buy- and sell‑side trading solutions, for a gross purchase price of $246.5 million in cash. Cravath is representing FactSet in connection with the transaction.

      Cravath Bicentennial

      Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.

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