Cravath’s London Office Moves to 100 Cheapside
Michael E. Mariani focuses his practice on mergers and acquisitions, corporate governance and general company representation. He also has significant experience representing companies and investment banks in a variety of public and private financings and disclosure matters.
Mr. Mariani’s corporate clients have included Albemarle, Convey Health Solutions, Crown Castle, CyrusOne, Evolent Health, IBM, Johnson & Johnson, Kenvue, Light & Wonder, RELX, Time Warner, Unilever, Weyerhaeuser, Xerox and ZimVie.
Mr. Mariani’s notable M&A transactions and shareholder activism defense matters include representing:
Mr. Mariani has significant experience advising companies in separations. Notable matters include representing:
Mr. Mariani’s notable financing transactions include:
Mr. Mariani has been repeatedly recognized for his corporate work by, among others, Chambers USA, Chambers Global, The Legal 500 US, IFLR1000 and Lawdragon. He has also been recognized for his work in fintech by The Legal 500 US. Law360 named Mr. Mariani a “Capital Markets MVP” for his leadership in “multiple record-setting corporate transactions” and has previously recognized him as a “Rising Star.”
Mr. Mariani is a published author and frequent speaker on a broad range of topics related to corporate and securities laws. He also contributes to the conversation at the intersection of securities law, finance and fintech. Mr. Mariani co‑authored a paper entitled “Blockchain and Custody of Digital Assets,” published by Thomson Reuters Practical Law, as well as multiple editions of the United States chapter of The Legal 500’s “Blockchain Country Comparative Guide,” and has participated in events such as TechGC’s IPO Forum.
Mr. Mariani was born in Shrewsbury, Massachusetts. He received a B.A. summa cum laude from Tufts University in 2004, where he was elected to Phi Beta Kappa, a J.D. from Columbia Law School in 2009, where he was an Articles Editor of the Business Law Review and a Harlan Fiske Stone Scholar, and an M.B.A. from Columbia Business School in 2009.
Mr. Mariani joined Cravath in 2009 and was elected a partner in 2017.
Mr. Mariani’s notable M&A transactions and shareholder activism defense matters include representing:
Mr. Mariani has significant experience advising companies in separations. Notable matters include representing:
Mr. Mariani’s notable financing transactions include:
Mr. Mariani has been repeatedly recognized for his corporate work by, among others, Chambers USA, Chambers Global, The Legal 500 US, IFLR1000 and Lawdragon. He has also been recognized for his work in fintech by The Legal 500 US. Law360 named Mr. Mariani a “Capital Markets MVP” for his leadership in “multiple record-setting corporate transactions” and has previously recognized him as a “Rising Star.”
Mr. Mariani is a published author and frequent speaker on a broad range of topics related to corporate and securities laws. He also contributes to the conversation at the intersection of securities law, finance and fintech. Mr. Mariani co‑authored a paper entitled “Blockchain and Custody of Digital Assets,” published by Thomson Reuters Practical Law, as well as multiple editions of the United States chapter of The Legal 500’s “Blockchain Country Comparative Guide,” and has participated in events such as TechGC’s IPO Forum.
Mr. Mariani was born in Shrewsbury, Massachusetts. He received a B.A. summa cum laude from Tufts University in 2004, where he was elected to Phi Beta Kappa, a J.D. from Columbia Law School in 2009, where he was an Articles Editor of the Business Law Review and a Harlan Fiske Stone Scholar, and an M.B.A. from Columbia Business School in 2009.
Mr. Mariani joined Cravath in 2009 and was elected a partner in 2017.
International Bar Association
New York City Bar Association
Law360
Chambers Global
Chambers USA
IFLR1000
Law360
Lawdragon
The Legal 500 US
Deals & Cases
September 22, 2025
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
September 03, 2025
Cravath represented the initial purchasers in connection with the $450 million and C$175 million 144A/Reg. S high‑yield senior notes offering of goeasy Ltd., a leading full‑service provider of goods and alternative financial services that improve the lives of everyday Canadians. The transaction closed on August 20, 2025.
Deals & Cases
April 15, 2025
Cravath represented the initial purchasers in connection with the $400 million 144A/Reg. S high‑yield senior notes offering of goeasy Ltd., a leading full‑service provider of goods and alternative financial services that improve the lives of everyday Canadians. The transaction closed on April 1, 2025.
Deals & Cases
February 18, 2025
On February 18, 2025, Light & Wonder, Inc. (“Light & Wonder”), the leading cross‑platform global games company, announced that it has entered into a definitive agreement to acquire the charitable gaming assets of Grover Gaming, Inc. and G2 Gaming, Inc. (together, “Grover Gaming”), a leading provider of electronic pull‑tabs for charitable gaming in the U.S., for total consideration of $850 million cash, subject to customary purchase price adjustments, and a four‑year revenue based earn‑out of up to $200 million cash. Cravath is representing Light & Wonder in connection with the transaction.
Deals & Cases
February 03, 2025
On February 3, 2025, Outbrain Inc. (“Outbrain”), a technology platform, announced the closing of its acquisition of Teads, a global omnichannel platform, from Altice. The two companies will merge their offerings to create an omnichannel outcomes platform for the open internet, and will operate under the name Teads. Outbrain, Altice and Teads have amended the previously announced share purchase agreement. Under the terms of the revised agreement, Outbrain will be paying a total consideration of approximately $900 million, consisting of $625 million upfront cash and 43.75 million shares of common stock of Outbrain valued at approximately $263 million. Cravath is representing Outbrain in connection with the transaction.
Publications
November 16, 2023
Cravath partners David J. Kappos, D. Scott Bennett, Michael E. Mariani, Sasha Rosenthal‑Larrea, Arvind Ravichandran and Ryan J. Patrone co‑authored a chapter on the current state of laws and regulations applicable to blockchain in the U.S. for The Legal 500’s “Blockchain Country Comparative Guide,” which was published in November 2023. The chapter discussed the market sectors in which blockchain and other distributed ledger technologies are being adopted and reviewed recent regulatory guidance and enforcement actions in the space.
Publications
March 02, 2023
On February 22, 2023, Cravath prepared a memo for its clients entitled “SEC Forces Kraken To Terminate Cryptocurrency Staking-as-a-Service Program.” The memo examines the U.S. Securities and Exchange Commission’s recent complaint against cryptocurrency exchange Kraken for failing to register its staking-as-a-service (“StaaS”) program as a securities offering, in violation of Section 5 of the Securities Act of 1933.
Publications
January 11, 2023
Cravath partners David J. Kappos, D. Scott Bennett, Michael E. Mariani and Sasha Rosenthal‑Larrea and associates Daniel M. Barabander and Callum A.F. Sproule co‑authored an article entitled “NFTs, Incentives and Control: Technical Mechanisms and Intellectual Property Rights,” which was published to the website of the Stanford Journal of Blockchain Law & Policy on January 10, 2023. The article discusses how NFT creators use technical and legal measures to exert control over their creations, even after those creations are sold to purchasers, and how the mechanisms for such control are a fundamental part of the smart contracts governing most NFTs. The article will be featured in the forthcoming print edition of the journal (Vol. 6, No. 1) this spring.
Publications
November 18, 2022
On November 17, 2022, Cravath prepared a memo for its clients entitled “SEC v. LBRY, Inc.: Federal Court Rules Cryptotoken Distribution Was an Unregistered Securities Offering,” which examined a recent decision by the U.S. District Court for the District of New Hampshire in SEC v. LBRY, Inc., a case at the intersection of cryptoasset regulation and securities law.
Publications
November 04, 2022
Cravath partners David J. Kappos, D. Scott Bennett, Michael E. Mariani, Sasha Rosenthal‑Larrea and Arvind Ravichandran co‑authored a chapter on the current state of laws and regulations applicable to blockchain in the U.S. for The Legal 500’s “Blockchain Country Comparative Guide,” which was published in November 2022.
Michael E. Mariani focuses his practice on mergers and acquisitions, corporate governance and general company representation. He also has significant experience representing companies and investment banks in a variety of public and private financings and disclosure matters.
Mr. Mariani’s corporate clients have included Albemarle, Convey Health Solutions, Crown Castle, CyrusOne, Evolent Health, IBM, Johnson & Johnson, Kenvue, Light & Wonder, RELX, Time Warner, Unilever, Weyerhaeuser, Xerox and ZimVie.
Mr. Mariani’s notable M&A transactions and shareholder activism defense matters include representing:
Mr. Mariani has significant experience advising companies in separations. Notable matters include representing:
Mr. Mariani’s notable financing transactions include:
Mr. Mariani has been repeatedly recognized for his corporate work by, among others, Chambers USA, Chambers Global, The Legal 500 US, IFLR1000 and Lawdragon. He has also been recognized for his work in fintech by The Legal 500 US. Law360 named Mr. Mariani a “Capital Markets MVP” for his leadership in “multiple record-setting corporate transactions” and has previously recognized him as a “Rising Star.”
Mr. Mariani is a published author and frequent speaker on a broad range of topics related to corporate and securities laws. He also contributes to the conversation at the intersection of securities law, finance and fintech. Mr. Mariani co‑authored a paper entitled “Blockchain and Custody of Digital Assets,” published by Thomson Reuters Practical Law, as well as multiple editions of the United States chapter of The Legal 500’s “Blockchain Country Comparative Guide,” and has participated in events such as TechGC’s IPO Forum.
Mr. Mariani was born in Shrewsbury, Massachusetts. He received a B.A. summa cum laude from Tufts University in 2004, where he was elected to Phi Beta Kappa, a J.D. from Columbia Law School in 2009, where he was an Articles Editor of the Business Law Review and a Harlan Fiske Stone Scholar, and an M.B.A. from Columbia Business School in 2009.
Mr. Mariani joined Cravath in 2009 and was elected a partner in 2017.
Mr. Mariani’s notable M&A transactions and shareholder activism defense matters include representing:
Mr. Mariani has significant experience advising companies in separations. Notable matters include representing:
Mr. Mariani’s notable financing transactions include:
Mr. Mariani has been repeatedly recognized for his corporate work by, among others, Chambers USA, Chambers Global, The Legal 500 US, IFLR1000 and Lawdragon. He has also been recognized for his work in fintech by The Legal 500 US. Law360 named Mr. Mariani a “Capital Markets MVP” for his leadership in “multiple record-setting corporate transactions” and has previously recognized him as a “Rising Star.”
Mr. Mariani is a published author and frequent speaker on a broad range of topics related to corporate and securities laws. He also contributes to the conversation at the intersection of securities law, finance and fintech. Mr. Mariani co‑authored a paper entitled “Blockchain and Custody of Digital Assets,” published by Thomson Reuters Practical Law, as well as multiple editions of the United States chapter of The Legal 500’s “Blockchain Country Comparative Guide,” and has participated in events such as TechGC’s IPO Forum.
Mr. Mariani was born in Shrewsbury, Massachusetts. He received a B.A. summa cum laude from Tufts University in 2004, where he was elected to Phi Beta Kappa, a J.D. from Columbia Law School in 2009, where he was an Articles Editor of the Business Law Review and a Harlan Fiske Stone Scholar, and an M.B.A. from Columbia Business School in 2009.
Mr. Mariani joined Cravath in 2009 and was elected a partner in 2017.
International Bar Association
New York City Bar Association
Law360
Chambers Global
Chambers USA
IFLR1000
Law360
Lawdragon
The Legal 500 US
Deals & Cases
September 22, 2025
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
September 03, 2025
Cravath represented the initial purchasers in connection with the $450 million and C$175 million 144A/Reg. S high‑yield senior notes offering of goeasy Ltd., a leading full‑service provider of goods and alternative financial services that improve the lives of everyday Canadians. The transaction closed on August 20, 2025.
Deals & Cases
April 15, 2025
Cravath represented the initial purchasers in connection with the $400 million 144A/Reg. S high‑yield senior notes offering of goeasy Ltd., a leading full‑service provider of goods and alternative financial services that improve the lives of everyday Canadians. The transaction closed on April 1, 2025.
Deals & Cases
February 18, 2025
On February 18, 2025, Light & Wonder, Inc. (“Light & Wonder”), the leading cross‑platform global games company, announced that it has entered into a definitive agreement to acquire the charitable gaming assets of Grover Gaming, Inc. and G2 Gaming, Inc. (together, “Grover Gaming”), a leading provider of electronic pull‑tabs for charitable gaming in the U.S., for total consideration of $850 million cash, subject to customary purchase price adjustments, and a four‑year revenue based earn‑out of up to $200 million cash. Cravath is representing Light & Wonder in connection with the transaction.
Deals & Cases
February 03, 2025
On February 3, 2025, Outbrain Inc. (“Outbrain”), a technology platform, announced the closing of its acquisition of Teads, a global omnichannel platform, from Altice. The two companies will merge their offerings to create an omnichannel outcomes platform for the open internet, and will operate under the name Teads. Outbrain, Altice and Teads have amended the previously announced share purchase agreement. Under the terms of the revised agreement, Outbrain will be paying a total consideration of approximately $900 million, consisting of $625 million upfront cash and 43.75 million shares of common stock of Outbrain valued at approximately $263 million. Cravath is representing Outbrain in connection with the transaction.
Publications
November 16, 2023
Cravath partners David J. Kappos, D. Scott Bennett, Michael E. Mariani, Sasha Rosenthal‑Larrea, Arvind Ravichandran and Ryan J. Patrone co‑authored a chapter on the current state of laws and regulations applicable to blockchain in the U.S. for The Legal 500’s “Blockchain Country Comparative Guide,” which was published in November 2023. The chapter discussed the market sectors in which blockchain and other distributed ledger technologies are being adopted and reviewed recent regulatory guidance and enforcement actions in the space.
Publications
March 02, 2023
On February 22, 2023, Cravath prepared a memo for its clients entitled “SEC Forces Kraken To Terminate Cryptocurrency Staking-as-a-Service Program.” The memo examines the U.S. Securities and Exchange Commission’s recent complaint against cryptocurrency exchange Kraken for failing to register its staking-as-a-service (“StaaS”) program as a securities offering, in violation of Section 5 of the Securities Act of 1933.
Publications
January 11, 2023
Cravath partners David J. Kappos, D. Scott Bennett, Michael E. Mariani and Sasha Rosenthal‑Larrea and associates Daniel M. Barabander and Callum A.F. Sproule co‑authored an article entitled “NFTs, Incentives and Control: Technical Mechanisms and Intellectual Property Rights,” which was published to the website of the Stanford Journal of Blockchain Law & Policy on January 10, 2023. The article discusses how NFT creators use technical and legal measures to exert control over their creations, even after those creations are sold to purchasers, and how the mechanisms for such control are a fundamental part of the smart contracts governing most NFTs. The article will be featured in the forthcoming print edition of the journal (Vol. 6, No. 1) this spring.
Publications
November 18, 2022
On November 17, 2022, Cravath prepared a memo for its clients entitled “SEC v. LBRY, Inc.: Federal Court Rules Cryptotoken Distribution Was an Unregistered Securities Offering,” which examined a recent decision by the U.S. District Court for the District of New Hampshire in SEC v. LBRY, Inc., a case at the intersection of cryptoasset regulation and securities law.
Publications
November 04, 2022
Cravath partners David J. Kappos, D. Scott Bennett, Michael E. Mariani, Sasha Rosenthal‑Larrea and Arvind Ravichandran co‑authored a chapter on the current state of laws and regulations applicable to blockchain in the U.S. for The Legal 500’s “Blockchain Country Comparative Guide,” which was published in November 2022.
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