Four Decades for Justice
For generations, Cravath’s litigators have devised creative resolutions to complex disputes. Drawing on our deep bench of trial‑ready attorneys, we have repeatedly secured precedent‑setting results that have reshaped the legal and business landscapes for our clients. Cravath stands out “for its persistence and ability to help define industries,” and we are among the few top firms of choice for clients facing their most difficult and critical litigation. (Financial Times)
Cravath trains generalist litigators with the tools to tackle complex cases from every angle. We see the broader picture, so we can devise and deliver innovative approaches to the problem at hand, regardless of the subject matter, industry or client’s role in a particular dispute. The credibility and experience we bring to each matter and our preparation of each case from the outset as if it is going to trial give us a strategic advantage in all steps of litigation. Our litigators “have repeatedly gone the distance in some of the thorniest, most complex trials and appeals,” understanding how to explain complex issues and technology simply and clearly without getting lost in the weeds. (The American Lawyer) Because Cravath’s litigators are trained across a broad array of legal areas, the same team can handle general commercial claims as well as disputes involving more specialized areas of the law, allowing us to use small teams and be more cost‑effective.
We also work closely with clients to understand and appreciate their business objectives and culture to provide both short- and long‑term solutions. Cravath’s litigators are not just legal advisors—we are our clients’ partners in developing workable solutions to the wide range of issues they face.
Cravath was named New York Law Journal’s “Litigation Department of the Year” in 2022 and 2019, and its “Class Action Litigation Department of the Year” in 2021. Benchmark Litigation has described the Firm as “the standard bearer... command[ing] respect on the national stage for its prestige and unassailable brand,” and has repeatedly recognized our practices—including honoring the Firm as “Antitrust Firm of the Year” in 2023, “General Commercial Firm of the Year” in 2022 and “Trial Firm of the Year” in 2021. In addition, Cravath received Legalweek’s 2023 Leaders in Tech Law Award for “Litigation and E‑Discovery,” and has earned recognition from the Financial Times as both “Most Innovative Law Firm for Legal Expertise” and “Most Innovative for Dispute Resolution.” As The American Lawyer has noted, “Cravath stands out for its novel arguments” and our litigators consistently push beyond the “playbook” to develop strategies that will deliver the best results for our clients.
Our team has ranked in the top tiers of Benchmark Litigation, Chambers USA, The Legal 500 US and Best Lawyers Best Law Firms and has earned repeated praise from clients and the market, including:
Cravath trains generalist litigators with the tools to tackle complex cases from every angle. We see the broader picture, so we can devise and deliver innovative approaches to the problem at hand, regardless of the subject matter, industry or client’s role in a particular dispute. The credibility and experience we bring to each matter and our preparation of each case from the outset as if it is going to trial give us a strategic advantage in all steps of litigation. Our litigators “have repeatedly gone the distance in some of the thorniest, most complex trials and appeals,” understanding how to explain complex issues and technology simply and clearly without getting lost in the weeds. (The American Lawyer) Because Cravath’s litigators are trained across a broad array of legal areas, the same team can handle general commercial claims as well as disputes involving more specialized areas of the law, allowing us to use small teams and be more cost‑effective.
We also work closely with clients to understand and appreciate their business objectives and culture to provide both short- and long‑term solutions. Cravath’s litigators are not just legal advisors—we are our clients’ partners in developing workable solutions to the wide range of issues they face.
Cravath was named New York Law Journal’s “Litigation Department of the Year” in 2022 and 2019, and its “Class Action Litigation Department of the Year” in 2021. Benchmark Litigation has described the Firm as “the standard bearer... command[ing] respect on the national stage for its prestige and unassailable brand,” and has repeatedly recognized our practices—including honoring the Firm as “Antitrust Firm of the Year” in 2023, “General Commercial Firm of the Year” in 2022 and “Trial Firm of the Year” in 2021. In addition, Cravath received Legalweek’s 2023 Leaders in Tech Law Award for “Litigation and E‑Discovery,” and has earned recognition from the Financial Times as both “Most Innovative Law Firm for Legal Expertise” and “Most Innovative for Dispute Resolution.” As The American Lawyer has noted, “Cravath stands out for its novel arguments” and our litigators consistently push beyond the “playbook” to develop strategies that will deliver the best results for our clients.
Our team has ranked in the top tiers of Benchmark Litigation, Chambers USA, The Legal 500 US and Best Lawyers Best Law Firms and has earned repeated praise from clients and the market, including:
Deals & Cases
March 21, 2024
On March 20, 2024, the U.S. District Court for the Southern District of New York granted summary judgment in favor of Cravath client Keppel Offshore & Marine Ltd. (“KOM”), dismissing an action alleging claims for fraud, aiding and abetting fraud and conspiracy. Plaintiffs, a set of energy and investment funds managed by EIG Management Company, LLC (collectively, “EIG”) claimed that KOM failed to disclose that it was engaged in a bribery scheme with Petróleo Brasileiro S.A. (“Petrobras”), the Brazilian oil company, and with a company under Petrobras’s control, Sete Brasil Participações, S.A. (“Sete”). According to EIG, this failure to disclose caused EIG to invest over $220 million in Sete, defrauding EIG.
Deals & Cases
February 22, 2024
On February 13, 2024, the New York State Appellate Division, First Department, reversed the convictions of Tommy Davis, who was simultaneously prosecuted for two unrelated incidents involving firearms. Cravath represented Mr. Davis on a pro bono basis alongside co‑counsel at the Office of the Appellate Defender.
Deals & Cases
January 29, 2024
On January 25, 2024, the U.S. District Court for the Southern District of New York entered judgments against appropriation artist Richard Prince and his co‑defendants Laurence Gagosian, Gagosian Gallery and Blum & Poe gallery.
Deals & Cases
January 24, 2024
On January 22, 2024, Forward Air Corporation (“Forward”) announced an agreement with Omni Logistics, LLC (“Omni”), a private company that is majority owned by Ridgemont Equity Partners and EVE Partners, LLC, to amend the terms of the existing merger agreement relating to their previously announced acquisition. This agreement ends the litigation between the parties, which will now be dismissed. Under the terms of the amended merger agreement, Omni shareholders will receive $20 million in cash, instead of the $150 million initially agreed, and 35% of Forward’s pro forma common equity (on a fully‑diluted, as‑converted basis), as compared to the 37.7% of Forward’s pro forma common equity (on a fully‑diluted, as‑converted basis) contemplated by the original agreement. Cravath is representing Forward in connection with the transaction and related litigation.
Deals & Cases
January 11, 2024
AerCap Holdings N.V, the world’s largest commercial aircraft leasing company, which Cravath is representing in connection with U.S. sanctions and export controls matters, has secured over $1.2 billion in related insurance recoveries involving Russian airlines’ refusal to return over 100 aircraft leased from AerCap following Russia’s invasion of Ukraine in February 2022. In September 2023, in the first announced insurance settlement of its kind, Cravath represented AerCap in obtaining authorizations from the U.S. Office of Foreign Assets Control (“OFAC”) and the U.S. Department of Commerce’s U.S. Bureau of Industry and Security (“BIS”) for an agreement to enable payment of approximately $645 million to AerCap to resolve claims against certain Russian insurers and airlines as to a substantial number of AerCap aircraft. Cravath also represented AerCap before BIS and OFAC in connection with AerCap’s subsequent, $572 million insurance settlements with Russian insurers and airlines announced in December 2023.
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.”
Activities & Publications
March 21, 2024
Five Cravath partners were selected to serve on Law360’s 2024 Editorial Advisory Boards: Wes Earnhardt (Media & Entertainment), Evan Norris (Cybersecurity & Privacy), Helam Gebremariam (Securities), Bethany A. Pfalzgraf (Mergers & Acquisitions) and Maurio A. Fiore (Private Equity). As Editorial Advisory Board members, they will provide feedback on Law360’s coverage and expert insight on how best to shape future coverage.
Activities & Publications
March 18, 2024
On March 18, 2024, Cravath prepared a memo for its clients entitled “A Deeper Dive into the SEC’s Landmark Climate Disclosure Rules for Public Companies.” The memo examines in depth the U.S. Securities and Exchange Commission’s recently adopted final rules requiring climate‑related disclosures for public companies. The memo outlines key takeaways of the final rules; the timeline for compliance; the background of the SEC’s focus on disclosure regarding climate change; the concept of materiality as used in the rules; the rules’ applicability to FPIs and other issuers; ongoing litigation challenging the validity of the rules; and next steps for public companies and their advisors to plan for compliance.
Activities & Publications
March 18, 2024
On March 14, 2024, Cravath hosted its 2024 Web3 Regulatory Forum at its offices in New York. The event brought together lawyers from the Firm, market participants, executives, investors and others for presentations by practitioners, current and former regulators, and interactive roundtables examining the most significant regulatory developments in the digital assets and Web3 space.
Activities & Publications
March 18, 2024
On March 12, 2024, Cravath’s Jeffrey A. Rosen delivered keynote remarks at the Free State Foundation’s Sixteenth Annual Policy Conference at the National Press Club in Washington, D.C. The event convened senior officials and prominent experts from the Federal Communications Commission, other government agencies, industry, academia and think tanks to discuss communications and internet policy, competition policy, regulatory policy, and other law and policy issues. During his keynote, entitled “The Pen and the Phone, and the Regulatory Pendulum Problem,” Mr. Rosen examined the regulatory dynamic that results from the ability of federal agencies to achieve policy goals through regulation and the subsequent challenges as later administrations remove such rules, and then later ones restore them, because agency rules do not necessarily have the same durability as legislation.
Deals & Cases
March 21, 2024
On March 20, 2024, the U.S. District Court for the Southern District of New York granted summary judgment in favor of Cravath client Keppel Offshore & Marine Ltd. (“KOM”), dismissing an action alleging claims for fraud, aiding and abetting fraud and conspiracy. Plaintiffs, a set of energy and investment funds managed by EIG Management Company, LLC (collectively, “EIG”) claimed that KOM failed to disclose that it was engaged in a bribery scheme with Petróleo Brasileiro S.A. (“Petrobras”), the Brazilian oil company, and with a company under Petrobras’s control, Sete Brasil Participações, S.A. (“Sete”). According to EIG, this failure to disclose caused EIG to invest over $220 million in Sete, defrauding EIG.
Deals & Cases
February 22, 2024
On February 13, 2024, the New York State Appellate Division, First Department, reversed the convictions of Tommy Davis, who was simultaneously prosecuted for two unrelated incidents involving firearms. Cravath represented Mr. Davis on a pro bono basis alongside co‑counsel at the Office of the Appellate Defender.
Deals & Cases
January 29, 2024
On January 25, 2024, the U.S. District Court for the Southern District of New York entered judgments against appropriation artist Richard Prince and his co‑defendants Laurence Gagosian, Gagosian Gallery and Blum & Poe gallery.
Deals & Cases
January 24, 2024
On January 22, 2024, Forward Air Corporation (“Forward”) announced an agreement with Omni Logistics, LLC (“Omni”), a private company that is majority owned by Ridgemont Equity Partners and EVE Partners, LLC, to amend the terms of the existing merger agreement relating to their previously announced acquisition. This agreement ends the litigation between the parties, which will now be dismissed. Under the terms of the amended merger agreement, Omni shareholders will receive $20 million in cash, instead of the $150 million initially agreed, and 35% of Forward’s pro forma common equity (on a fully‑diluted, as‑converted basis), as compared to the 37.7% of Forward’s pro forma common equity (on a fully‑diluted, as‑converted basis) contemplated by the original agreement. Cravath is representing Forward in connection with the transaction and related litigation.
Deals & Cases
January 11, 2024
AerCap Holdings N.V, the world’s largest commercial aircraft leasing company, which Cravath is representing in connection with U.S. sanctions and export controls matters, has secured over $1.2 billion in related insurance recoveries involving Russian airlines’ refusal to return over 100 aircraft leased from AerCap following Russia’s invasion of Ukraine in February 2022. In September 2023, in the first announced insurance settlement of its kind, Cravath represented AerCap in obtaining authorizations from the U.S. Office of Foreign Assets Control (“OFAC”) and the U.S. Department of Commerce’s U.S. Bureau of Industry and Security (“BIS”) for an agreement to enable payment of approximately $645 million to AerCap to resolve claims against certain Russian insurers and airlines as to a substantial number of AerCap aircraft. Cravath also represented AerCap before BIS and OFAC in connection with AerCap’s subsequent, $572 million insurance settlements with Russian insurers and airlines announced in December 2023.
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.”
Activities & Publications
March 21, 2024
Five Cravath partners were selected to serve on Law360’s 2024 Editorial Advisory Boards: Wes Earnhardt (Media & Entertainment), Evan Norris (Cybersecurity & Privacy), Helam Gebremariam (Securities), Bethany A. Pfalzgraf (Mergers & Acquisitions) and Maurio A. Fiore (Private Equity). As Editorial Advisory Board members, they will provide feedback on Law360’s coverage and expert insight on how best to shape future coverage.
Activities & Publications
March 18, 2024
On March 18, 2024, Cravath prepared a memo for its clients entitled “A Deeper Dive into the SEC’s Landmark Climate Disclosure Rules for Public Companies.” The memo examines in depth the U.S. Securities and Exchange Commission’s recently adopted final rules requiring climate‑related disclosures for public companies. The memo outlines key takeaways of the final rules; the timeline for compliance; the background of the SEC’s focus on disclosure regarding climate change; the concept of materiality as used in the rules; the rules’ applicability to FPIs and other issuers; ongoing litigation challenging the validity of the rules; and next steps for public companies and their advisors to plan for compliance.
Activities & Publications
March 18, 2024
On March 14, 2024, Cravath hosted its 2024 Web3 Regulatory Forum at its offices in New York. The event brought together lawyers from the Firm, market participants, executives, investors and others for presentations by practitioners, current and former regulators, and interactive roundtables examining the most significant regulatory developments in the digital assets and Web3 space.
Activities & Publications
March 18, 2024
On March 12, 2024, Cravath’s Jeffrey A. Rosen delivered keynote remarks at the Free State Foundation’s Sixteenth Annual Policy Conference at the National Press Club in Washington, D.C. The event convened senior officials and prominent experts from the Federal Communications Commission, other government agencies, industry, academia and think tanks to discuss communications and internet policy, competition policy, regulatory policy, and other law and policy issues. During his keynote, entitled “The Pen and the Phone, and the Regulatory Pendulum Problem,” Mr. Rosen examined the regulatory dynamic that results from the ability of federal agencies to achieve policy goals through regulation and the subsequent challenges as later administrations remove such rules, and then later ones restore them, because agency rules do not necessarily have the same durability as legislation.
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