Board and Officer Representation

On Monday, April 15, 2024, the U.S. Court of Appeals for the Second Circuit affirmed the U.S. District Court for the Southern District of New York’s granting of summary judgment in favor of Cravath client Mylan in a securities class action related to Mylan’s marketing, pricing and classification of EpiPen as well as alleged conduct concerning generic drug price fixing and market allocation.

On June 16, 2017, the Delaware Court of Chancery dismissed a stockholder derivative lawsuit brought against current and former directors and officers of Qualcomm Incorporated alleging, among other claims, that defendants breached their fiduciary duties by allegedly failing to prevent purported FCPA violations by the company. In granting the dismissal, Vice Chancellor Tamika R. Montgomery‑Reeves held that the complaint did not plead sufficient facts to infer that the individual defendants had acted in bad faith or that the directors faced a substantial likelihood of personal liability such that plaintiffs’ failure to make a demand on the board to bring a suit was excused.

On February 6, 2009, the Delaware Chancery Court granted a motion to dismiss in favor of Darwin Deason, the founder and Executive Chairman of Affiliated Computer Services, Inc. (“ACS”). The ruling closes the final chapter in a highly publicized dispute between Deason and the former outside directors of the ACS board.

On March 10, 2026, the Harvard Law School Forum on Corporate Governance published Cravath’s latest quarterly newsletter on M&A, activism and corporate governance. The newsletter provides insight into practical points, key takeaways and relevant developments across the M&A, activism, tax, regulatory and corporate governance landscape during the fourth quarter of 2025. Contributors to this edition include partners G.J. Ligelis Jr., Evan A. Hill, Andrew M. Wark, Bethany A. Pfalzgraf and Edward O. Minturn.

On February 11, 2026, Cravath was featured by Law360 as a “Competition Practice Group of the Year” in recognition of the Firm’s work on high‑stakes antitrust litigation and merger clearance. The profile highlighted the Firm’s trial victory for American Express, in which a jury unanimously found the company not liable for antitrust claims in a class action suit, and the successful dismissal of more than 50 lawsuits in MDL proceedings for Louis Dreyfus Co. The profile also recognized Cravath’s work for Epic Games, which includes securing a nationwide permanent injunction against Google after a trial victory that was later affirmed on appeal, and its representation of a Special Committee of Paramount Global’s board of directors in the company’s $28 billion merger with Skydance Media.

On February 13, 2026, Cravath published the latest edition of its Quarterly Review, which provides insight into practical points, key takeaways and relevant developments across the M&A, activism, tax, regulatory and corporate governance landscape. This edition covers:

On August 12, 2025, Cravath partner Helam Gebremariam was featured in Bloomberg Law’s “They’ve Got Next: 40 Under 40” series, which recognizes young lawyers who are “raising the bar in the legal profession,” based on their work on key client matters, assumption of leadership roles, pro bono commitments and more.

Cravath partner Brittany L. Sukiennik participated in the 30th Annual Stanford Directors’ College, which was held from June 23‑25, 2025, at Stanford Law School. The program addressed a broad range of problems that confront modern boards, including the board’s role in setting business strategy, CEO succession, techniques for controlling legal liability, challenges posed by activist investors, boardroom dynamics and contemporary challenges, including the state of the macroeconomy, the politicization of the corporation and emerging ransomware and cybersecurity threats.