Cravath’s London Office Moves to 100 Cheapside
Nicole M. Peles has a broad litigation practice, with a particular focus on antitrust, including antitrust counseling, regulatory work and antitrust litigation.
Ms. Peles has represented clients on antitrust issues in connection with numerous proposed or completed deals. These representations include:
On the litigation front, Ms. Peles’s representative matters include:
Ms. Peles was born in Berkeley, California. She received an A.B. from Dartmouth College in 2007 and a J.D. cum laude from New York University in 2010, where she was an executive editor of the Law Review. After graduation, Ms. Peles served as a law clerk to Hon. Nancy F. Atlas of the U.S. District Court for the Southern District of Texas.
Ms. Peles is admitted to practice in the U.S. District Courts for the District of Columbia, Eastern District of New York and Southern District of New York. She is a member of the American Bar Association’s Antitrust Section.
Ms. Peles joined Cravath as a summer associate in 2009 and rejoined Cravath’s legal staff in 2011. Ms. Peles was named of counsel in 2023.
Ms. Peles has represented clients on antitrust issues in connection with numerous proposed or completed deals. These representations include:
On the litigation front, Ms. Peles’s representative matters include:
Ms. Peles was born in Berkeley, California. She received an A.B. from Dartmouth College in 2007 and a J.D. cum laude from New York University in 2010, where she was an executive editor of the Law Review. After graduation, Ms. Peles served as a law clerk to Hon. Nancy F. Atlas of the U.S. District Court for the Southern District of Texas.
Ms. Peles is admitted to practice in the U.S. District Courts for the District of Columbia, Eastern District of New York and Southern District of New York. She is a member of the American Bar Association’s Antitrust Section.
Ms. Peles joined Cravath as a summer associate in 2009 and rejoined Cravath’s legal staff in 2011. Ms. Peles was named of counsel in 2023.
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
August 07, 2025
On August 7, 2025, Paramount Global and Skydance Media (“Skydance”) announced the completion of their merger, creating a standalone global media and entertainment company, Paramount, a Skydance Corporation (“Paramount”). Paramount Class B shares will begin trading today on the Nasdaq Stock Market LLC under “PSKY.” Cravath represented the Paramount Special Committee in connection with the transaction.
Deals & Cases
August 28, 2024
On August 23, 2024, the U.S. District Court for the Southern District of New York ruled that 19 children in a longstanding lawsuit could proceed as a class representing all children in the New York City foster care system, an important milestone for plaintiffs represented by Cravath on a pro bono basis alongside co‑counsel at A Better Childhood (“ABC”). Judge Kimba Wood issued the decision after the Second Circuit Court of Appeals reversed a prior ruling denying class certification in September 2023.
Deals & Cases
August 12, 2024
On August 12, 2024, Scotiabank announced that it has entered into an agreement to acquire an approximate 14.9% pro-forma ownership stake in KeyCorp, a premier U.S. based financial services company, through an issuance of common shares at a price of $17.17 per share. The total cash consideration is approximately $2.8 billion. Cravath is representing Scotiabank in connection with the transaction.
Deals & Cases
July 09, 2024
On July 9, 2024, Altus Group Limited (“Altus Group”), a leading provider of asset and fund intelligence for commercial real estate, announced that it has signed a definitive agreement to sell its global Property Tax business to Ryan, LLC (“Ryan”), a leading global tax services and software provider, for total cash consideration of C$700 million. In addition to the definitive agreement, Ryan has also committed to enter a C$15 million Altus Market Insights subscription agreement at the close of the transaction, with an initial three‑year term of C$5 million per year. Cravath is representing Altus Group as U.S. counsel in connection with the transaction.
Publications
October 17, 2024
On October 15, 2024, Cravath prepared a memo for its clients entitled “FTC Issues Final HSR Rules.” The memo examines the Federal Trade Commission and the Department of Justice Antitrust Division’s final version of the new Hart‑Scott‑Rodino (HSR) rules, which modify the initial proposed rules released in June 2023. The memo summarizes the HSR rules, which require parties to inform the agencies of proposed acquisitions through a filing process, including notable changes from the current and proposed rules and their implications for filing parties.
Firm News
November 20, 2023
On November 17, 2023, Virginia M. Anderson, D. Ana Choi, Christopher P. Davis, Janice T.P. Martindale, Flora Ng, Nicole M. Peles, Scott B. Reents and Kathryn‑Ann Stamm were named of counsels of the Firm and Jean Kearns and DongHwa Kim were named senior attorneys of the Firm, effective January 1, 2024.
Publications
November 14, 2023
Cravath partner Margaret T. Segall authored a chapter entitled “Merger Remedies in Dynamic Industries” in Global Competition Review’s “Merger Remedies Guide – Fifth Edition,” which was published on October 25, 2023. The chapter, co‑authored by practice area attorney Nicole M. Peles, reviewed the common types of merger remedies, the characteristics of dynamic industries and challenges posed for traditional merger remedies. The chapter considered the different approaches adopted by antitrust authorities in creating remedies in the technology and pharmaceutical sectors, two rapidly evolving dynamic industries.
Nicole M. Peles has a broad litigation practice, with a particular focus on antitrust, including antitrust counseling, regulatory work and antitrust litigation.
Ms. Peles has represented clients on antitrust issues in connection with numerous proposed or completed deals. These representations include:
On the litigation front, Ms. Peles’s representative matters include:
Ms. Peles was born in Berkeley, California. She received an A.B. from Dartmouth College in 2007 and a J.D. cum laude from New York University in 2010, where she was an executive editor of the Law Review. After graduation, Ms. Peles served as a law clerk to Hon. Nancy F. Atlas of the U.S. District Court for the Southern District of Texas.
Ms. Peles is admitted to practice in the U.S. District Courts for the District of Columbia, Eastern District of New York and Southern District of New York. She is a member of the American Bar Association’s Antitrust Section.
Ms. Peles joined Cravath as a summer associate in 2009 and rejoined Cravath’s legal staff in 2011. Ms. Peles was named of counsel in 2023.
Ms. Peles has represented clients on antitrust issues in connection with numerous proposed or completed deals. These representations include:
On the litigation front, Ms. Peles’s representative matters include:
Ms. Peles was born in Berkeley, California. She received an A.B. from Dartmouth College in 2007 and a J.D. cum laude from New York University in 2010, where she was an executive editor of the Law Review. After graduation, Ms. Peles served as a law clerk to Hon. Nancy F. Atlas of the U.S. District Court for the Southern District of Texas.
Ms. Peles is admitted to practice in the U.S. District Courts for the District of Columbia, Eastern District of New York and Southern District of New York. She is a member of the American Bar Association’s Antitrust Section.
Ms. Peles joined Cravath as a summer associate in 2009 and rejoined Cravath’s legal staff in 2011. Ms. Peles was named of counsel in 2023.
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
August 07, 2025
On August 7, 2025, Paramount Global and Skydance Media (“Skydance”) announced the completion of their merger, creating a standalone global media and entertainment company, Paramount, a Skydance Corporation (“Paramount”). Paramount Class B shares will begin trading today on the Nasdaq Stock Market LLC under “PSKY.” Cravath represented the Paramount Special Committee in connection with the transaction.
Deals & Cases
August 28, 2024
On August 23, 2024, the U.S. District Court for the Southern District of New York ruled that 19 children in a longstanding lawsuit could proceed as a class representing all children in the New York City foster care system, an important milestone for plaintiffs represented by Cravath on a pro bono basis alongside co‑counsel at A Better Childhood (“ABC”). Judge Kimba Wood issued the decision after the Second Circuit Court of Appeals reversed a prior ruling denying class certification in September 2023.
Deals & Cases
August 12, 2024
On August 12, 2024, Scotiabank announced that it has entered into an agreement to acquire an approximate 14.9% pro-forma ownership stake in KeyCorp, a premier U.S. based financial services company, through an issuance of common shares at a price of $17.17 per share. The total cash consideration is approximately $2.8 billion. Cravath is representing Scotiabank in connection with the transaction.
Deals & Cases
July 09, 2024
On July 9, 2024, Altus Group Limited (“Altus Group”), a leading provider of asset and fund intelligence for commercial real estate, announced that it has signed a definitive agreement to sell its global Property Tax business to Ryan, LLC (“Ryan”), a leading global tax services and software provider, for total cash consideration of C$700 million. In addition to the definitive agreement, Ryan has also committed to enter a C$15 million Altus Market Insights subscription agreement at the close of the transaction, with an initial three‑year term of C$5 million per year. Cravath is representing Altus Group as U.S. counsel in connection with the transaction.
Publications
October 17, 2024
On October 15, 2024, Cravath prepared a memo for its clients entitled “FTC Issues Final HSR Rules.” The memo examines the Federal Trade Commission and the Department of Justice Antitrust Division’s final version of the new Hart‑Scott‑Rodino (HSR) rules, which modify the initial proposed rules released in June 2023. The memo summarizes the HSR rules, which require parties to inform the agencies of proposed acquisitions through a filing process, including notable changes from the current and proposed rules and their implications for filing parties.
Firm News
November 20, 2023
On November 17, 2023, Virginia M. Anderson, D. Ana Choi, Christopher P. Davis, Janice T.P. Martindale, Flora Ng, Nicole M. Peles, Scott B. Reents and Kathryn‑Ann Stamm were named of counsels of the Firm and Jean Kearns and DongHwa Kim were named senior attorneys of the Firm, effective January 1, 2024.
Publications
November 14, 2023
Cravath partner Margaret T. Segall authored a chapter entitled “Merger Remedies in Dynamic Industries” in Global Competition Review’s “Merger Remedies Guide – Fifth Edition,” which was published on October 25, 2023. The chapter, co‑authored by practice area attorney Nicole M. Peles, reviewed the common types of merger remedies, the characteristics of dynamic industries and challenges posed for traditional merger remedies. The chapter considered the different approaches adopted by antitrust authorities in creating remedies in the technology and pharmaceutical sectors, two rapidly evolving dynamic industries.
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