Four Decades for Justice
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, as well as environmental, social and governance (“ESG”) considerations. 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, as well as environmental, social and governance (“ESG”) considerations. 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
April 08, 2024
Cravath represented the underwriters in connection with the $2.5 billion registered offering of depositary shares representing preferred stock of JPMorgan Chase & Co., a leading global financial services firm and one of the largest banking institutions in the United States. The transaction closed on March 12, 2024.
Deals & Cases
April 08, 2024
Cravath represented Symetra Financial Corporation in connection with its $250 million 144A/Reg S. senior notes offering. Symetra Financial Corporation is a financial services company in the life insurance industry. The transaction closed on April 3, 2024.
Deals & Cases
April 02, 2024
Cravath represented the underwriters in connection with the $1 billion registered senior notes offering of State Street Corporation, a provider of a broad range of financial products and services to institutional investors worldwide. The transaction closed on March 18, 2024.
Deals & Cases
March 28, 2024
Cravath represented the European Investment Bank (“EIB”) in connection with its $4 billion registered notes offering. The purpose of the EIB is to contribute to the balanced and steady development of the internal market among Member States of the European Union. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on March 12, 2024.
Deals & Cases
March 26, 2024
Cravath represented Lazard Group LLC in connection with its $400 million registered senior notes offering and concurrent cash tender offer. Lazard is one of the world’s preeminent financial advisory and asset management firms. The registered senior notes offering closed on March 12, 2024 and the cash tender offer expired on March 12, 2024.
Activities & Publications
April 18, 2024
On April 18, 2024, Cravath partner Jelena McWilliams participated in part II of the virtual SIFMA Basel III Endgame Roundtable. Jelena moderated a roundtable discussion entitled “Overall Reflections on the Proposal and an Evaluation of the Proposal’s Impacts on End Users, U.S. Capital Markets, and the Broader Economy,” which examined the impacts of the Basel Endgame proposal on specific end users, capital market products and segments, as well as its impacts on economic growth and financial stability.
Activities & Publications
April 05, 2024
On April 5, 2024, Cravath partner Jelena McWilliams delivered the keynote address at the 8th annual Wharton Conference on Financial Regulation, which was hosted by the Wharton Legal Studies Department of the University of Pennsylvania. The event convened lawyers, financial economists, macro‑economists and government officials to discuss topics related to financial regulation, such as the digital assets and payments system and banking market structure.
Activities & Publications
April 04, 2024
On April 3, 2024, Cravath partner Jelena McWilliams keynoted Commerce Street Capital’s 20th annual Bank Conference in Grapevine, TX. The event convened leading industry professionals to discuss current issues and trends in banking. Jelena was featured in a keynote conversation entitled “Will Election (or Supreme Court) Usher in Declawed Regulators?”
Activities & Publications
April 04, 2024
On April 2, 2024, Cravath partner Jelena McWilliams participated in the Federal Reserve Bank of Kansas City’s workshop on the future of banking, in Kansas City, Missouri. The event convened thought leaders from the banking industry, academia and the Federal Reserve System to discuss the current state of banking and how best to encourage new industry participation and improve the merger & acquisition process. Jelena spoke on a panel entitled “Entry to the Banking System.”
Accolades
March 28, 2024
On March 26, 2024, Cravath partner David R. Marriott was named to Forbes’s 2024 list of “America’s Top 200 Lawyers.” The inaugural list recognized “the finest practitioners in the profession—lawyers with stellar track records in their specialties, those who have broken barriers to emerge as leaders in their fields, and attorneys most respected by peers and clients.” Dave’s accompanying profile highlighted his experience as a “courtroom heavyweight” and his representation of clients including AT&T, Avon Products, Bank of America, Bristol‑Myers Squibb, Colgate‑Palmolive and Delta Airlines. In particular, the publication noted Dave’s achievement of “setting precedent in antitrust and intellectual property law.”
Deals & Cases
April 08, 2024
Cravath represented the underwriters in connection with the $2.5 billion registered offering of depositary shares representing preferred stock of JPMorgan Chase & Co., a leading global financial services firm and one of the largest banking institutions in the United States. The transaction closed on March 12, 2024.
Deals & Cases
April 08, 2024
Cravath represented Symetra Financial Corporation in connection with its $250 million 144A/Reg S. senior notes offering. Symetra Financial Corporation is a financial services company in the life insurance industry. The transaction closed on April 3, 2024.
Deals & Cases
April 02, 2024
Cravath represented the underwriters in connection with the $1 billion registered senior notes offering of State Street Corporation, a provider of a broad range of financial products and services to institutional investors worldwide. The transaction closed on March 18, 2024.
Deals & Cases
March 28, 2024
Cravath represented the European Investment Bank (“EIB”) in connection with its $4 billion registered notes offering. The purpose of the EIB is to contribute to the balanced and steady development of the internal market among Member States of the European Union. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on March 12, 2024.
Deals & Cases
March 26, 2024
Cravath represented Lazard Group LLC in connection with its $400 million registered senior notes offering and concurrent cash tender offer. Lazard is one of the world’s preeminent financial advisory and asset management firms. The registered senior notes offering closed on March 12, 2024 and the cash tender offer expired on March 12, 2024.
Activities & Publications
April 18, 2024
On April 18, 2024, Cravath partner Jelena McWilliams participated in part II of the virtual SIFMA Basel III Endgame Roundtable. Jelena moderated a roundtable discussion entitled “Overall Reflections on the Proposal and an Evaluation of the Proposal’s Impacts on End Users, U.S. Capital Markets, and the Broader Economy,” which examined the impacts of the Basel Endgame proposal on specific end users, capital market products and segments, as well as its impacts on economic growth and financial stability.
Activities & Publications
April 05, 2024
On April 5, 2024, Cravath partner Jelena McWilliams delivered the keynote address at the 8th annual Wharton Conference on Financial Regulation, which was hosted by the Wharton Legal Studies Department of the University of Pennsylvania. The event convened lawyers, financial economists, macro‑economists and government officials to discuss topics related to financial regulation, such as the digital assets and payments system and banking market structure.
Activities & Publications
April 04, 2024
On April 3, 2024, Cravath partner Jelena McWilliams keynoted Commerce Street Capital’s 20th annual Bank Conference in Grapevine, TX. The event convened leading industry professionals to discuss current issues and trends in banking. Jelena was featured in a keynote conversation entitled “Will Election (or Supreme Court) Usher in Declawed Regulators?”
Activities & Publications
April 04, 2024
On April 2, 2024, Cravath partner Jelena McWilliams participated in the Federal Reserve Bank of Kansas City’s workshop on the future of banking, in Kansas City, Missouri. The event convened thought leaders from the banking industry, academia and the Federal Reserve System to discuss the current state of banking and how best to encourage new industry participation and improve the merger & acquisition process. Jelena spoke on a panel entitled “Entry to the Banking System.”
Accolades
March 28, 2024
On March 26, 2024, Cravath partner David R. Marriott was named to Forbes’s 2024 list of “America’s Top 200 Lawyers.” The inaugural list recognized “the finest practitioners in the profession—lawyers with stellar track records in their specialties, those who have broken barriers to emerge as leaders in their fields, and attorneys most respected by peers and clients.” Dave’s accompanying profile highlighted his experience as a “courtroom heavyweight” and his representation of clients including AT&T, Avon Products, Bank of America, Bristol‑Myers Squibb, Colgate‑Palmolive and Delta Airlines. In particular, the publication noted Dave’s achievement of “setting precedent in antitrust and intellectual property law.”
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. ©2024 Cravath, Swaine & Moore LLP.