Transportation

Cravath represented AerCap Holdings N.V. in connection with its $2 billion registered secondary offering of ordinary shares by the selling shareholder GE Capital US Holdings, a wholly owned subsidiary of General Electric. AerCap Holdings N.V. is the world’s largest independent aircraft leasing company. The transaction closed on November 16, 2023.

Cravath represented the underwriters in connection with the $500 million registered senior notes offering of Polaris Inc. Polaris Inc. designs, engineers and manufactures powersports vehicles. The transaction closed on November 16, 2023.

Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with their $1.75 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 September 25, 2023.

Cravath represented AerCap Holdings N.V. in connection with its $2.76 billion registered secondary offering of ordinary shares by the selling shareholder GE Capital US Holdings, a wholly owned subsidiary of General Electric. AerCap Holdings N.V. is the world’s largest independent aircraft leasing company at the time of the offering. The transaction closed on September 14, 2023.

On September 12, 2023, J.D. Power, a global leader in data analytics, announced a definitive agreement to acquire Autovista Group, a leading pan‑European and Australian automotive data, analytics and industry insights provider. Cravath is representing European alternative asset management firm Hayfin Capital Management, which currently owns Autovista Group, as U.S. counsel in connection with the transaction.

On October 4, 2023, Cravath partner Christine A. Varney was featured by the New York Law Journal as winner of its “Lifetime Achievement Award,” in recognition of her career accomplishments as “one of the country’s foremost antitrust experts” and her indelible impact on the practice of competition law. The profile highlights her government service as both U.S. Assistant Attorney General for Antitrust and a Commissioner of the Federal Trade Commission, as well as her work on over $1 trillion in proposed or completed transactions and work for clients including Anheuser‑Busch InBev, Delta Air Lines, Epic Games, Illumina and Time Warner.

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:

Cravath partners Margaret T. Segall and Sasha Rosenthal‑Larrea were named to Crain’s New York Business’s 2023 list of “Notable Women in Law,” published on June 20, 2023. The feature honors lawyers who have “performed consequential legal or pro bono work, served as mentors, promoted inclusivity and assumed leadership roles in civic or philanthropic endeavors.”

On January 18, 2023, Cravath was featured by Law360 as an “M&A Practice Group of the Year,” receiving the distinction for the tenth time in twelve years. The profile highlighted the Firm’s role representing CyrusOne in its $15 billion acquisition by KKR and Global Infrastructure Partners, SMBC Aviation Capital in its $6.7 billion acquisition of Goshawk Aviation, and Johnson & Johnson in the planned separation of its Consumer Health Business.

On September 16, 2022, Cravath partner Lauren Angelilli was featured as a 2022 Tax MVP by Law360, which highlighted her role as the head of the Firm’s Tax Department and her work on major transactions, including Canadian National’s $33.6 billion agreement to acquire Kansas City Southern. Lauren described helping clients navigate the shifting domestic and international tax landscape. She also explained what drew her to becoming a tax attorney, noting the importance of interpersonal skills in helping communicate to clients the best path forward, and shared advice for junior attorneys, encouraging them to “be inquisitive and speak up.”