Cravath Publishes Winter 2026 Issue of Alumni Journal
Justin C. Clarke has handled mergers and acquisitions (M&A), securities, antitrust and general commercial litigation, with a particular focus on high-stakes M&A and securities cases in recent years. His clients have included American Express, Bacardi Limited, Deutsche Telekom, Epic Games, Mylan, Paramount, Precision Castparts, Qualcomm, Starz Entertainment and The Williams Companies.
Some of Mr. Clarke’s representative matters include:
Secured a precedential Ninth Circuit decision in favor of Starz Entertainment in a copyright infringement and breach of contract action against MGM Domestic Television. The decision affirmed a California district court’s holding that the Copyright Act did not impose a time-based bar on damages for copyright infringement claims separate from the three-year statute of limitations.
Mr. Clarke also devotes significant time to pro bono work. Alongside co‑counsel at A Better Childhood, he has represented a putative class of foster care children in New York City as plaintiffs in a lawsuit alleging systemic deficiencies in the New York City foster care system. The team obtained a Second Circuit decision vacating a district court’s order that had denied class certification—an important decision concerning the legal standard for class certification in public interest class actions. In August 2024, based on the criteria issued by the Second Circuit, the district court ruled that the children could proceed as a class representing all children in the New York City foster care system.
Among other accolades, Mr. Clarke has been named by Benchmark Litigation as a “Litigation Star,” and recognized by The Legal 500 US for his work in financial services litigation, general commercial and M&A litigation. He has also been included in Lawdragon’s “500 Leading Litigators in America” and “500 X – The Next Generation” lists.
Mr. Clarke grew up in South Carolina and the Washington, D.C. area. He received an A.B. degree in Government and Spanish Language from Bowdoin College in 2004, and a J.D. from Columbia Law School in 2011, where he was a James Kent Scholar, a Harlan Fiske Stone Scholar and served as an editor of the Law Review.
Mr. Clarke joined Cravath as a summer associate in 2010. Following his graduation from law school, he served as a law clerk to Hon. Amalya L. Kearse of the U.S. Court of Appeals for the Second Circuit. He returned to Cravath in 2012 and was elected a partner in 2019.
Some of Mr. Clarke’s representative matters include:
Secured a precedential Ninth Circuit decision in favor of Starz Entertainment in a copyright infringement and breach of contract action against MGM Domestic Television. The decision affirmed a California district court’s holding that the Copyright Act did not impose a time-based bar on damages for copyright infringement claims separate from the three-year statute of limitations.
Mr. Clarke also devotes significant time to pro bono work. Alongside co‑counsel at A Better Childhood, he has represented a putative class of foster care children in New York City as plaintiffs in a lawsuit alleging systemic deficiencies in the New York City foster care system. The team obtained a Second Circuit decision vacating a district court’s order that had denied class certification—an important decision concerning the legal standard for class certification in public interest class actions. In August 2024, based on the criteria issued by the Second Circuit, the district court ruled that the children could proceed as a class representing all children in the New York City foster care system.
Among other accolades, Mr. Clarke has been named by Benchmark Litigation as a “Litigation Star,” and recognized by The Legal 500 US for his work in financial services litigation, general commercial and M&A litigation. He has also been included in Lawdragon’s “500 Leading Litigators in America” and “500 X – The Next Generation” lists.
Mr. Clarke grew up in South Carolina and the Washington, D.C. area. He received an A.B. degree in Government and Spanish Language from Bowdoin College in 2004, and a J.D. from Columbia Law School in 2011, where he was a James Kent Scholar, a Harlan Fiske Stone Scholar and served as an editor of the Law Review.
Mr. Clarke joined Cravath as a summer associate in 2010. Following his graduation from law school, he served as a law clerk to Hon. Amalya L. Kearse of the U.S. Court of Appeals for the Second Circuit. He returned to Cravath in 2012 and was elected a partner in 2019.
Benchmark Litigation
Lawdragon
The Legal 500 US
Deals & Cases
February 28, 2026
On February 27, 2026, Paramount Skydance Corporation (“Paramount”) and Warner Bros. Discovery, Inc. ("WBD") announced they have entered into a definitive merger agreement under which Paramount will acquire WBD. Under the terms of the agreement, Paramount will pay $31.00 per share in cash for all outstanding shares of WBD. The transaction values WBD at an enterprise value of $110 billion, and has been unanimously approved by the Boards of Directors of both companies. Cravath is representing Paramount in connection with the transaction.
Deals & Cases
August 29, 2025
On August 29, 2025, PepsiCo, Inc. (“PepsiCo”) and Celsius Holdings, Inc. (“Celsius Holdings”) announced an agreement to strengthen their long-term strategic partnership. As part of the agreement, (i) Celsius Holdings’ Alani Nu brand will move to the PepsiCo distribution system in the U.S. and Canada, (ii) PepsiCo has acquired $585 million in newly issued convertible 5% preferred stock while extending its existing preferred stock to the same conversion period and (iii) Celsius Holdings has acquired the Rockstar Energy brand in the U.S. and Canada from PepsiCo. PepsiCo will continue to own the Rockstar brand internationally. Celsius Holdings will become the strategic energy lead in the U.S., managing the Celsius, Alani Nu and Rockstar Energy brands, while PepsiCo will lead distribution for the Celsius Holdings portfolio in the U.S. and Canada. Cravath is representing PepsiCo in connection with the transaction.
Deals & Cases
April 04, 2025
On April 4, 2025, Rogers Communications Inc. (“Rogers”) announced it has entered into a definitive agreement with funds managed by Blackstone, backed by leading Canadian institutional investors, for a CDN$7 billion equity investment. Under the terms of the transaction, Blackstone will acquire a non-controlling interest in a new Canadian subsidiary of Rogers that will own a minor part of the Rogers wireless network. Following the transaction, Blackstone will hold a 49.9% equity interest (with a 20% voting interest) in the new subsidiary. Rogers will maintain full operational control of its network and will include the financial results of the new subsidiary in its consolidated financial statements. At any time between the eighth and twelfth anniversaries of closing, Rogers will have the right to purchase Blackstone’s interest in the new subsidiary. Rogers intends to use the net proceeds from the transaction to repay debt. Cravath is representing Rogers as U.S. counsel in connection with the transaction.
Deals & Cases
March 17, 2025
On March 17, 2025, PepsiCo, Inc. (“PepsiCo”) announced that it has entered into a definitive agreement to acquire poppi, a prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes an additional potential earnout consideration subject to the achievement of certain performance milestones within a specified period after closing of the transaction. Cravath is representing PepsiCo in connection with the transaction.
Deals & Cases
October 15, 2024
On October 7, 2024, the U.S. District Court for the Northern District of California entered a post‑trial order in favor of Cravath client Epic Games imposing a nationwide three‑year permanent injunction against Google. The injunction, which follows Epic’s jury trial win against Google last year, prohibits Google from paying competitors not to compete and requires Google to distribute alternative app stores on the Google Play Store and provide alternative app stores with access to the Google Play Store’s catalog of apps.
Activities
February 27, 2026
From February 26-27, Cravath partners John W. White, D. Scott Bennett and Justin C. Clarke participated in the Florida Bar’s 42nd Annual Federal Securities Institute and M&A Conference in Tampa, Florida. John moderated a panel entitled “Evolving Accounting and Auditing Focal Points in 2026,” which discussed best practices for interacting with the SEC staff, what lies ahead at the SEC, what’s new from FASB and the PCAOB’s new priorities and leadership. Scott moderated a panel entitled “Recent Developments in Digital Assets and Tokenization,” which explored the impact of tokenization, ETFs and digital asset treasury companies, new crypto legislation and what lies ahead. Justin moderated a panel entitled “Private Securities Litigation – 2025 Developments and Trends,” which analyzed trends in securities class action filings, case law updates and new and developing issues.
Activities
July 17, 2024
On July 9, 2024, The American Lawyer featured Cravath and A Better Childhood’s (“ABC”) appellate victory for children in New York City foster care among “15 matters that represent some of the very best of the legal industry’s pro bono efforts in 2023.” Published as part of the outlet’s 2024 Pro Bono Report, the article described Cravath and ABC’s efforts, led by partners Antony L. Ryan and Justin C. Clarke, to secure class certification in an action brought by 19 children seeking to remedy the ongoing violation of their rights under the Due Process Clause as well as various state and federal statutory provisions which cause children in foster care harm to their health, safety and well‑being.
Justin C. Clarke has handled mergers and acquisitions (M&A), securities, antitrust and general commercial litigation, with a particular focus on high-stakes M&A and securities cases in recent years. His clients have included American Express, Bacardi Limited, Deutsche Telekom, Epic Games, Mylan, Paramount, Precision Castparts, Qualcomm, Starz Entertainment and The Williams Companies.
Some of Mr. Clarke’s representative matters include:
Secured a precedential Ninth Circuit decision in favor of Starz Entertainment in a copyright infringement and breach of contract action against MGM Domestic Television. The decision affirmed a California district court’s holding that the Copyright Act did not impose a time-based bar on damages for copyright infringement claims separate from the three-year statute of limitations.
Mr. Clarke also devotes significant time to pro bono work. Alongside co‑counsel at A Better Childhood, he has represented a putative class of foster care children in New York City as plaintiffs in a lawsuit alleging systemic deficiencies in the New York City foster care system. The team obtained a Second Circuit decision vacating a district court’s order that had denied class certification—an important decision concerning the legal standard for class certification in public interest class actions. In August 2024, based on the criteria issued by the Second Circuit, the district court ruled that the children could proceed as a class representing all children in the New York City foster care system.
Among other accolades, Mr. Clarke has been named by Benchmark Litigation as a “Litigation Star,” and recognized by The Legal 500 US for his work in financial services litigation, general commercial and M&A litigation. He has also been included in Lawdragon’s “500 Leading Litigators in America” and “500 X – The Next Generation” lists.
Mr. Clarke grew up in South Carolina and the Washington, D.C. area. He received an A.B. degree in Government and Spanish Language from Bowdoin College in 2004, and a J.D. from Columbia Law School in 2011, where he was a James Kent Scholar, a Harlan Fiske Stone Scholar and served as an editor of the Law Review.
Mr. Clarke joined Cravath as a summer associate in 2010. Following his graduation from law school, he served as a law clerk to Hon. Amalya L. Kearse of the U.S. Court of Appeals for the Second Circuit. He returned to Cravath in 2012 and was elected a partner in 2019.
Some of Mr. Clarke’s representative matters include:
Secured a precedential Ninth Circuit decision in favor of Starz Entertainment in a copyright infringement and breach of contract action against MGM Domestic Television. The decision affirmed a California district court’s holding that the Copyright Act did not impose a time-based bar on damages for copyright infringement claims separate from the three-year statute of limitations.
Mr. Clarke also devotes significant time to pro bono work. Alongside co‑counsel at A Better Childhood, he has represented a putative class of foster care children in New York City as plaintiffs in a lawsuit alleging systemic deficiencies in the New York City foster care system. The team obtained a Second Circuit decision vacating a district court’s order that had denied class certification—an important decision concerning the legal standard for class certification in public interest class actions. In August 2024, based on the criteria issued by the Second Circuit, the district court ruled that the children could proceed as a class representing all children in the New York City foster care system.
Among other accolades, Mr. Clarke has been named by Benchmark Litigation as a “Litigation Star,” and recognized by The Legal 500 US for his work in financial services litigation, general commercial and M&A litigation. He has also been included in Lawdragon’s “500 Leading Litigators in America” and “500 X – The Next Generation” lists.
Mr. Clarke grew up in South Carolina and the Washington, D.C. area. He received an A.B. degree in Government and Spanish Language from Bowdoin College in 2004, and a J.D. from Columbia Law School in 2011, where he was a James Kent Scholar, a Harlan Fiske Stone Scholar and served as an editor of the Law Review.
Mr. Clarke joined Cravath as a summer associate in 2010. Following his graduation from law school, he served as a law clerk to Hon. Amalya L. Kearse of the U.S. Court of Appeals for the Second Circuit. He returned to Cravath in 2012 and was elected a partner in 2019.
Benchmark Litigation
Lawdragon
The Legal 500 US
Deals & Cases
February 28, 2026
On February 27, 2026, Paramount Skydance Corporation (“Paramount”) and Warner Bros. Discovery, Inc. ("WBD") announced they have entered into a definitive merger agreement under which Paramount will acquire WBD. Under the terms of the agreement, Paramount will pay $31.00 per share in cash for all outstanding shares of WBD. The transaction values WBD at an enterprise value of $110 billion, and has been unanimously approved by the Boards of Directors of both companies. Cravath is representing Paramount in connection with the transaction.
Deals & Cases
August 29, 2025
On August 29, 2025, PepsiCo, Inc. (“PepsiCo”) and Celsius Holdings, Inc. (“Celsius Holdings”) announced an agreement to strengthen their long-term strategic partnership. As part of the agreement, (i) Celsius Holdings’ Alani Nu brand will move to the PepsiCo distribution system in the U.S. and Canada, (ii) PepsiCo has acquired $585 million in newly issued convertible 5% preferred stock while extending its existing preferred stock to the same conversion period and (iii) Celsius Holdings has acquired the Rockstar Energy brand in the U.S. and Canada from PepsiCo. PepsiCo will continue to own the Rockstar brand internationally. Celsius Holdings will become the strategic energy lead in the U.S., managing the Celsius, Alani Nu and Rockstar Energy brands, while PepsiCo will lead distribution for the Celsius Holdings portfolio in the U.S. and Canada. Cravath is representing PepsiCo in connection with the transaction.
Deals & Cases
April 04, 2025
On April 4, 2025, Rogers Communications Inc. (“Rogers”) announced it has entered into a definitive agreement with funds managed by Blackstone, backed by leading Canadian institutional investors, for a CDN$7 billion equity investment. Under the terms of the transaction, Blackstone will acquire a non-controlling interest in a new Canadian subsidiary of Rogers that will own a minor part of the Rogers wireless network. Following the transaction, Blackstone will hold a 49.9% equity interest (with a 20% voting interest) in the new subsidiary. Rogers will maintain full operational control of its network and will include the financial results of the new subsidiary in its consolidated financial statements. At any time between the eighth and twelfth anniversaries of closing, Rogers will have the right to purchase Blackstone’s interest in the new subsidiary. Rogers intends to use the net proceeds from the transaction to repay debt. Cravath is representing Rogers as U.S. counsel in connection with the transaction.
Deals & Cases
March 17, 2025
On March 17, 2025, PepsiCo, Inc. (“PepsiCo”) announced that it has entered into a definitive agreement to acquire poppi, a prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes an additional potential earnout consideration subject to the achievement of certain performance milestones within a specified period after closing of the transaction. Cravath is representing PepsiCo in connection with the transaction.
Deals & Cases
October 15, 2024
On October 7, 2024, the U.S. District Court for the Northern District of California entered a post‑trial order in favor of Cravath client Epic Games imposing a nationwide three‑year permanent injunction against Google. The injunction, which follows Epic’s jury trial win against Google last year, prohibits Google from paying competitors not to compete and requires Google to distribute alternative app stores on the Google Play Store and provide alternative app stores with access to the Google Play Store’s catalog of apps.
Activities
February 27, 2026
From February 26-27, Cravath partners John W. White, D. Scott Bennett and Justin C. Clarke participated in the Florida Bar’s 42nd Annual Federal Securities Institute and M&A Conference in Tampa, Florida. John moderated a panel entitled “Evolving Accounting and Auditing Focal Points in 2026,” which discussed best practices for interacting with the SEC staff, what lies ahead at the SEC, what’s new from FASB and the PCAOB’s new priorities and leadership. Scott moderated a panel entitled “Recent Developments in Digital Assets and Tokenization,” which explored the impact of tokenization, ETFs and digital asset treasury companies, new crypto legislation and what lies ahead. Justin moderated a panel entitled “Private Securities Litigation – 2025 Developments and Trends,” which analyzed trends in securities class action filings, case law updates and new and developing issues.
Activities
July 17, 2024
On July 9, 2024, The American Lawyer featured Cravath and A Better Childhood’s (“ABC”) appellate victory for children in New York City foster care among “15 matters that represent some of the very best of the legal industry’s pro bono efforts in 2023.” Published as part of the outlet’s 2024 Pro Bono Report, the article described Cravath and ABC’s efforts, led by partners Antony L. Ryan and Justin C. Clarke, to secure class certification in an action brought by 19 children seeking to remedy the ongoing violation of their rights under the Due Process Clause as well as various state and federal statutory provisions which cause children in foster care harm to their health, safety and well‑being.
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