Four Decades for Justice
Cravath has worked within the retail sector for decades, representing virtually every type of retail establishment, from luxury goods conglomerates and large department store chains to big box retailers and leading e‑commerce players.
Our corporate lawyers have deep experience in a broad spectrum of legal work within the retail industry, including mergers and acquisitions; banking and credit; capital markets; corporate board advisory; environmental, social and governance (“ESG”) issues; and financial restructuring and reorganization. Our litigators have handled many critical matters for retail companies and their directors, including internal investigations and bankruptcy litigation, as well as lawsuits raising antitrust, intellectual property, contract, securities and shareholder issues.
Our corporate lawyers have deep experience in a broad spectrum of legal work within the retail industry, including mergers and acquisitions; banking and credit; capital markets; corporate board advisory; environmental, social and governance (“ESG”) issues; and financial restructuring and reorganization. Our litigators have handled many critical matters for retail companies and their directors, including internal investigations and bankruptcy litigation, as well as lawsuits raising antitrust, intellectual property, contract, securities and shareholder issues.
Deals & Cases
July 31, 2023
Cravath represented the administrative agent, joint lead arranger and joint bookrunner, in connection with a $500 million revolving credit facility made available to TripAdvisor, Inc., TripAdvisor Holdings, LLC and TripAdvisor LLC. TripAdvisor, Inc. operates as an online travel company and primarily engages in the provision of travel guidance products and services worldwide. The transaction closed on June 29, 2023.
Deals & Cases
May 26, 2023
Cravath represented Booking Holdings Inc. in connection with its €1.75 billion registered senior notes offering. Booking Holdings Inc. is a leading provider of online travel and travel-related reservation and search services. The transaction closed on May 12, 2023.
Deals & Cases
November 29, 2022
Cravath represented Booking Holdings Inc. in connection with its €3.5 billion registered senior notes offering. Booking Holdings Inc. is a leading provider of online travel and travel-related reservation and search services. The transaction closed on November 15, 2022.
Deals & Cases
September 06, 2022
On August 24, 2022, Richemont, FARFETCH and Symphony Global, one of the investment vehicles of Mohamed Alabbar (“Alabbar”), announced the acquisition by FARFETCH and Alabbar of a 47.5% and 3.2% stake respectively in YOOX NET‑A‑PORTER (“YNAP”), and the agreement for Richemont and YNAP each to adopt FARFETCH Platform Solutions. Cravath is representing Richemont as U.S. counsel in connection with the transaction.
Deals & Cases
June 21, 2022
On June 21, 2022, Pitney Bowes, a global shipping and mailing company, and Global‑e, a cross‑border end‑to‑end platform for brands and retailers, announced they have entered into a definitive agreement for Global‑e to acquire from Pitney Bowes the Borderfree cross‑border ecommerce solutions business. In addition, the companies will begin a strategic partnership and commercial relationship whereby Pitney Bowes will provide cross‑border ecommerce logistics services to Global‑e and its clients, and Pitney Bowes’s clients will receive access to cross‑border solutions on the Global‑e platform. Cravath is representing Pitney Bowes in connection with the transaction.
Firm News
August 14, 2023
Between July 28 and August 11, 2023, Cravath advised on nine announced deals, including seven deals in a span of three business days. Cravath is representing:
Activities & Publications
March 13, 2023
On March 8, 2023, Cravath partner Noah Joshua Phillips participated in the 2023 Retail Law Summit, which was hosted virtually by the National Retail Federation from March 7‑9, 2023. Noah spoke on a panel entitled “Playing by the Rules: How the FTC is Impacting Retailers,” which reviewed the biggest issues facing the FTC and what retailers should be aware of relating to enforcement, antitrust and future regulations.
Accolades
October 31, 2022
In October 2022, Cravath was recognized by The Deal as part of its 2022 Awards series, which “recognizes the elite advisers and service providers who power the deal economy.”
Activities & Publications
March 04, 2022
Cravath partner George F. Schoen authored a chapter of The International Comparative Legal Guide to Mergers & Acquisitions 2022, which provides cross‑border insights into mergers and acquisitions and was published by Global Legal Group on March 3, 2022. The chapter, entitled “Key Drivers and Trends: Digitization, Decarbonization and SPACs,” examines developments in 2021, including digitization in the technology, retail, healthcare and education sectors, decarbonization in the oil and gas industry and the role of SPACs in M&A.
Deals & Cases
July 31, 2023
Cravath represented the administrative agent, joint lead arranger and joint bookrunner, in connection with a $500 million revolving credit facility made available to TripAdvisor, Inc., TripAdvisor Holdings, LLC and TripAdvisor LLC. TripAdvisor, Inc. operates as an online travel company and primarily engages in the provision of travel guidance products and services worldwide. The transaction closed on June 29, 2023.
Deals & Cases
May 26, 2023
Cravath represented Booking Holdings Inc. in connection with its €1.75 billion registered senior notes offering. Booking Holdings Inc. is a leading provider of online travel and travel-related reservation and search services. The transaction closed on May 12, 2023.
Deals & Cases
November 29, 2022
Cravath represented Booking Holdings Inc. in connection with its €3.5 billion registered senior notes offering. Booking Holdings Inc. is a leading provider of online travel and travel-related reservation and search services. The transaction closed on November 15, 2022.
Deals & Cases
September 06, 2022
On August 24, 2022, Richemont, FARFETCH and Symphony Global, one of the investment vehicles of Mohamed Alabbar (“Alabbar”), announced the acquisition by FARFETCH and Alabbar of a 47.5% and 3.2% stake respectively in YOOX NET‑A‑PORTER (“YNAP”), and the agreement for Richemont and YNAP each to adopt FARFETCH Platform Solutions. Cravath is representing Richemont as U.S. counsel in connection with the transaction.
Deals & Cases
June 21, 2022
On June 21, 2022, Pitney Bowes, a global shipping and mailing company, and Global‑e, a cross‑border end‑to‑end platform for brands and retailers, announced they have entered into a definitive agreement for Global‑e to acquire from Pitney Bowes the Borderfree cross‑border ecommerce solutions business. In addition, the companies will begin a strategic partnership and commercial relationship whereby Pitney Bowes will provide cross‑border ecommerce logistics services to Global‑e and its clients, and Pitney Bowes’s clients will receive access to cross‑border solutions on the Global‑e platform. Cravath is representing Pitney Bowes in connection with the transaction.
Firm News
August 14, 2023
Between July 28 and August 11, 2023, Cravath advised on nine announced deals, including seven deals in a span of three business days. Cravath is representing:
Activities & Publications
March 13, 2023
On March 8, 2023, Cravath partner Noah Joshua Phillips participated in the 2023 Retail Law Summit, which was hosted virtually by the National Retail Federation from March 7‑9, 2023. Noah spoke on a panel entitled “Playing by the Rules: How the FTC is Impacting Retailers,” which reviewed the biggest issues facing the FTC and what retailers should be aware of relating to enforcement, antitrust and future regulations.
Accolades
October 31, 2022
In October 2022, Cravath was recognized by The Deal as part of its 2022 Awards series, which “recognizes the elite advisers and service providers who power the deal economy.”
Activities & Publications
March 04, 2022
Cravath partner George F. Schoen authored a chapter of The International Comparative Legal Guide to Mergers & Acquisitions 2022, which provides cross‑border insights into mergers and acquisitions and was published by Global Legal Group on March 3, 2022. The chapter, entitled “Key Drivers and Trends: Digitization, Decarbonization and SPACs,” examines developments in 2021, including digitization in the technology, retail, healthcare and education sectors, decarbonization in the oil and gas industry and the role of SPACs in M&A.
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