Cravath’s London Office Moves to 100 Cheapside
Cravath has been a leading advisor to a broad array of financial institutions, insurers and reinsurers for decades, including in some of the largest and most important transactions and cases in recent history. Our clients include commercial banks, including both U.S. and non-U.S. money‑center banks and large U.S. regional banks, investment banks, broker‑dealers, non‑traditional lending sources, fintech companies and non-bank firms, private equity funds, hedge funds, asset managers and investment advisors. We also represent diversified insurance and related financial services companies and leaders in the property and casualty insurance and reinsurance markets.
Our transactional capabilities include representing these clients, or their boards of directors, in connection with mergers, acquisitions, divestitures, spin-offs, regulatory matters, bank financings and capital market activities. Over the years, we have advised on groundbreaking deals employing first-use structures, handled critical transactions and assisted companies in navigating some of the most significant financial crises and post-crisis matters in this sector.
Our litigators routinely tackle the largest and most significant cases in the industry, representing financial institutions (or their outside directors or special committees) in securities class actions—including serving as nationwide coordinating counsel—antitrust class actions, RICO class actions, mergers & acquisitions litigation, bankruptcy litigation and shareholder derivative actions, as well as litigation arising under the Alien Tort Statute and matters involving non-U.S. law. Our litigators handle matters at the trial and appellate levels, in arbitrations and before government and regulatory bodies. In addition, our investigations team is a trusted advisor to financial institutions, their boards of directors and their senior executives regarding internal and government investigations, regulatory enforcement proceedings and white collar criminal defense matters involving the full range of corporate crises.
Our transactional capabilities include representing these clients, or their boards of directors, in connection with mergers, acquisitions, divestitures, spin-offs, regulatory matters, bank financings and capital market activities. Over the years, we have advised on groundbreaking deals employing first-use structures, handled critical transactions and assisted companies in navigating some of the most significant financial crises and post-crisis matters in this sector.
Our litigators routinely tackle the largest and most significant cases in the industry, representing financial institutions (or their outside directors or special committees) in securities class actions—including serving as nationwide coordinating counsel—antitrust class actions, RICO class actions, mergers & acquisitions litigation, bankruptcy litigation and shareholder derivative actions, as well as litigation arising under the Alien Tort Statute and matters involving non-U.S. law. Our litigators handle matters at the trial and appellate levels, in arbitrations and before government and regulatory bodies. In addition, our investigations team is a trusted advisor to financial institutions, their boards of directors and their senior executives regarding internal and government investigations, regulatory enforcement proceedings and white collar criminal defense matters involving the full range of corporate crises.
Deals & Cases
October 28, 2025
On October 28, 2025, Westinghouse Electric Company (“Westinghouse”), Brookfield Asset Management (“Brookfield”) and Cameco Corporation (“Cameco”) announced that the U.S. Government has entered into a strategic partnership to accelerate the deployment of nuclear power. At the center of the new strategic partnership, at least $80 billion of new reactors will be constructed across the United States using Westinghouse nuclear reactor technology. The partnership contains profit sharing mechanisms that provide for all parties, once certain thresholds are met, to participate in the long‑term financial and strategic value that will be created within Westinghouse by the growth of nuclear energy and advancement of investment into AI capabilities in the United States. Cravath is representing Westinghouse and Brookfield in connection with the strategic partnership.
Deals & Cases
October 21, 2025
On October 15, 2025, Lee Equity Partners, LLC (“Lee Equity”), an investment firm specializing in investments in the financial and healthcare services sectors, announced the closing of a $1.6 billion recapitalization of McLarens Global Limited (“McLarens”), a global independent provider of insurance services, to extend Lee Equity’s long‑term partnership with McLarens. Cravath represented members of McLarens’ senior executive team in connection with the transaction.
Deals & Cases
October 20, 2025
On October 17, 2025, Banco Sabadell announced that the public takeover bid launched by BBVA in May 2024 received support from only 25.47% of shareholders, and therefore lapsed as it failed to reach the minimum acceptance threshold required for completion. Banco Sabadell will continue as an independent bank. Cravath is representing Banco Sabadell as U.S. counsel in connection with this matter.
Deals & Cases
October 15, 2025
Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with their $1.2 billion registered senior notes offering. AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust are wholly owned subsidiaries of AerCap Holdings N.V., the global leader in aircraft leasing. The notes were listed on the Irish Stock Exchange. The transaction closed on October 1, 2025.
Deals & Cases
October 03, 2025
On October 3, 2025, White Mountains Insurance Group, Ltd. (“White Mountains”), a Bermuda-domiciled financial services holding company, announced that it has signed a definitive agreement to sell a controlling interest in Bamboo, a data-enabled insurance distribution platform, to funds advised by CVC Capital Partners (“CVC”) in a transaction that values Bamboo at $1.75 billion. White Mountains expects the transaction will result in a gain of approximately $310 to its book value per share and net cash proceeds of approximately $840 million. White Mountains will retain an approximately 15% fully-diluted equity stake in Bamboo post-closing, valued at $250 million based on the transaction. Cravath is representing White Mountains and Bamboo in connection with the transaction.
Activities
October 23, 2025
In an article highlighting the October release of the 2025 edition of IFLR1000, IFLR named Cravath among the law firms that “made the largest strides in the banking and finance rankings across four key European markets this year.” It further pointed to Cravath’s “sharp ascent” in rankings as evidence of U.S. firms becoming increasingly active in London’s finance space. The 2025 edition of IFLR1000 recognized Cravath across five categories: Bank Lending – Lender Side, Bank Lending – Sponsor Side, Capital Markets – Debt, Capital Markets – Equity and Capital Markets – High Yield.
Activities
October 21, 2025
On October 16, 2025, Cravath partner Elad Roisman participated in DC Fintech Week in Washington, D.C. The event brought together leading voices in finance, technology and regulation to explore the future of fintech, with discussions on AI, blockchain and global financial trends. Elad moderated a panel entitled “Click Once, Lose Everything?: The Future of Digital Asset Custody,” which examined the importance of securing code, keys and composability at scale, and explored how institutions are redefining custody to support programmable assets, multi‑party computation and next‑generation financial infrastructure.
Activities
October 15, 2025
On October 14, 2025, the Harvard Law School Association of New York City presented Cravath Presiding Partner Faiza J. Saeed with the organization’s Leadership Award, presented at its annual Leadership Dinner in New York. Faiza was honored alongside Steven Klinsky, Founder and CEO of New Mountain Capital, and Rob Manfred, Commissioner of Major League Baseball.
Activities
October 08, 2025
On October 8, 2025, Cravath partner Paul H. Zumbro participated in Columbia Law School and Turnaround Management Association Brazil’s 2025 Restructuring Conference, which was held from October 8-10 at Columbia Law School. The conference gathered attorneys, investors and Columbia faculty to discuss the latest developments in out-of-court restructuring and bankruptcy practices, both in the U.S. and abroad, and pressing issues in corporate restructuring. Paul spoke during a session entitled “Liability Management, Corporate Governance, and Out-of-Court Workouts,” which covered topics including financial distress and liability management exercises.
Activities
October 07, 2025
On October 6, 2025, Cravath partner Elad Roisman participated in the 2025 Blockchain Regulatory Symposium, hosted by Fordham Law School in New York City. The symposium provided a platform for discussions on a range of topics, including the tension between innovation and regulation in the U.S. and globally. Elad spoke on a panel entitled “Wall Street Meets Crypto... on Wall Street,” which brought together leading corporate, capital markets and M&A practitioners to discuss key considerations as crypto companies begin transitioning from private market launchpads to public markets and what comes next.
Deals & Cases
October 28, 2025
On October 28, 2025, Westinghouse Electric Company (“Westinghouse”), Brookfield Asset Management (“Brookfield”) and Cameco Corporation (“Cameco”) announced that the U.S. Government has entered into a strategic partnership to accelerate the deployment of nuclear power. At the center of the new strategic partnership, at least $80 billion of new reactors will be constructed across the United States using Westinghouse nuclear reactor technology. The partnership contains profit sharing mechanisms that provide for all parties, once certain thresholds are met, to participate in the long‑term financial and strategic value that will be created within Westinghouse by the growth of nuclear energy and advancement of investment into AI capabilities in the United States. Cravath is representing Westinghouse and Brookfield in connection with the strategic partnership.
Deals & Cases
October 21, 2025
On October 15, 2025, Lee Equity Partners, LLC (“Lee Equity”), an investment firm specializing in investments in the financial and healthcare services sectors, announced the closing of a $1.6 billion recapitalization of McLarens Global Limited (“McLarens”), a global independent provider of insurance services, to extend Lee Equity’s long‑term partnership with McLarens. Cravath represented members of McLarens’ senior executive team in connection with the transaction.
Deals & Cases
October 20, 2025
On October 17, 2025, Banco Sabadell announced that the public takeover bid launched by BBVA in May 2024 received support from only 25.47% of shareholders, and therefore lapsed as it failed to reach the minimum acceptance threshold required for completion. Banco Sabadell will continue as an independent bank. Cravath is representing Banco Sabadell as U.S. counsel in connection with this matter.
Deals & Cases
October 15, 2025
Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with their $1.2 billion registered senior notes offering. AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust are wholly owned subsidiaries of AerCap Holdings N.V., the global leader in aircraft leasing. The notes were listed on the Irish Stock Exchange. The transaction closed on October 1, 2025.
Deals & Cases
October 03, 2025
On October 3, 2025, White Mountains Insurance Group, Ltd. (“White Mountains”), a Bermuda-domiciled financial services holding company, announced that it has signed a definitive agreement to sell a controlling interest in Bamboo, a data-enabled insurance distribution platform, to funds advised by CVC Capital Partners (“CVC”) in a transaction that values Bamboo at $1.75 billion. White Mountains expects the transaction will result in a gain of approximately $310 to its book value per share and net cash proceeds of approximately $840 million. White Mountains will retain an approximately 15% fully-diluted equity stake in Bamboo post-closing, valued at $250 million based on the transaction. Cravath is representing White Mountains and Bamboo in connection with the transaction.
Activities
October 23, 2025
In an article highlighting the October release of the 2025 edition of IFLR1000, IFLR named Cravath among the law firms that “made the largest strides in the banking and finance rankings across four key European markets this year.” It further pointed to Cravath’s “sharp ascent” in rankings as evidence of U.S. firms becoming increasingly active in London’s finance space. The 2025 edition of IFLR1000 recognized Cravath across five categories: Bank Lending – Lender Side, Bank Lending – Sponsor Side, Capital Markets – Debt, Capital Markets – Equity and Capital Markets – High Yield.
Activities
October 21, 2025
On October 16, 2025, Cravath partner Elad Roisman participated in DC Fintech Week in Washington, D.C. The event brought together leading voices in finance, technology and regulation to explore the future of fintech, with discussions on AI, blockchain and global financial trends. Elad moderated a panel entitled “Click Once, Lose Everything?: The Future of Digital Asset Custody,” which examined the importance of securing code, keys and composability at scale, and explored how institutions are redefining custody to support programmable assets, multi‑party computation and next‑generation financial infrastructure.
Activities
October 15, 2025
On October 14, 2025, the Harvard Law School Association of New York City presented Cravath Presiding Partner Faiza J. Saeed with the organization’s Leadership Award, presented at its annual Leadership Dinner in New York. Faiza was honored alongside Steven Klinsky, Founder and CEO of New Mountain Capital, and Rob Manfred, Commissioner of Major League Baseball.
Activities
October 08, 2025
On October 8, 2025, Cravath partner Paul H. Zumbro participated in Columbia Law School and Turnaround Management Association Brazil’s 2025 Restructuring Conference, which was held from October 8-10 at Columbia Law School. The conference gathered attorneys, investors and Columbia faculty to discuss the latest developments in out-of-court restructuring and bankruptcy practices, both in the U.S. and abroad, and pressing issues in corporate restructuring. Paul spoke during a session entitled “Liability Management, Corporate Governance, and Out-of-Court Workouts,” which covered topics including financial distress and liability management exercises.
Activities
October 07, 2025
On October 6, 2025, Cravath partner Elad Roisman participated in the 2025 Blockchain Regulatory Symposium, hosted by Fordham Law School in New York City. The symposium provided a platform for discussions on a range of topics, including the tension between innovation and regulation in the U.S. and globally. Elad spoke on a panel entitled “Wall Street Meets Crypto... on Wall Street,” which brought together leading corporate, capital markets and M&A practitioners to discuss key considerations as crypto companies begin transitioning from private market launchpads to public markets and what comes next.
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.
Attorney Advertising. ©2025 Cravath, Swaine & Moore LLP.