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Cravath’s London Office Moves to 100 Cheapside

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Practices

Litigation

Litigation

For generations, Cravath’s litigators have devised creative resolutions to complex disputes—consistently pushing beyond the “playbook” to deliver the best results for our clients. Drawing on our deep bench of trial‑ready attorneys, we have repeatedly secured precedent‑setting results that have reshaped the legal and business landscapes. 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’s litigation department is uniformly recognized as among the best in the country. Our team has been named New York Law Journal’s overall “Litigation Department of the Year” three times in the past six years, most recently in 2024, as well as the publication’s “Class Action Litigation Department of the Year.” The American Lawyer, which has twice shortlisted the Firm for its nationwide “Litigation Department of the Year” award, notes that “Cravath stands out for its novel arguments” and is “at the ready to handle any complex, pivotal case that comes its way.” Benchmark Litigation further describes Cravath as “the standard bearer... command[ing] respect on the national stage for its prestige and unassailable brand,” and has repeatedly honored the Firm, including as “Trial Firm of the Year” and “General Commercial Firm of the Year.” In addition, Cravath received Legalweek’s 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.” 

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:

  • “I appreciate the brilliant lawyers at Cravath; their commitment to preparation, their attention to client service, and the consistently good results. Also, they are really fun to work with.” Client, Best Lawyers Best Law Firms
  • “For our most difficult problems, it’d be hard to find a better alternative.” Client, Best Lawyers Best Law Firms
  • “[T]he 206-year-old law firm prides itself on its generalist approach, training its attorneys to cut across disciplines and handle evolving client needs as part of a single litigation department.” Law360
  • “Best firm that I’ve ever experienced in terms of client service, availability and anticipating needs strategically.” Client, Chambers USA
  • “No firm demonstrates better teamwork in complex litigation or can muster the same cohesive intellectual firepower.” Client, The Legal 500 US
  • “Cravath has some of the best - if not THE best - legal talent in the country.” Client, Chambers USA
  • “It’s one of the most prestigious law firms in the world and they have lived up to that. They are always prepared, always thinking ahead, and consistently the best in court.” Client, Chambers USA
  • “On the technical side they are very skilled but the main difference from other firms is that Cravath does a great job of understanding the client’s culture—they know how we work, and so fit their style with ours.” Client, Chambers USA

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’s litigation department is uniformly recognized as among the best in the country. Our team has been named New York Law Journal’s overall “Litigation Department of the Year” three times in the past six years, most recently in 2024, as well as the publication’s “Class Action Litigation Department of the Year.” The American Lawyer, which has twice shortlisted the Firm for its nationwide “Litigation Department of the Year” award, notes that “Cravath stands out for its novel arguments” and is “at the ready to handle any complex, pivotal case that comes its way.” Benchmark Litigation further describes Cravath as “the standard bearer... command[ing] respect on the national stage for its prestige and unassailable brand,” and has repeatedly honored the Firm, including as “Trial Firm of the Year” and “General Commercial Firm of the Year.” In addition, Cravath received Legalweek’s 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.” 

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:

  • “I appreciate the brilliant lawyers at Cravath; their commitment to preparation, their attention to client service, and the consistently good results. Also, they are really fun to work with.” Client, Best Lawyers Best Law Firms
  • “For our most difficult problems, it’d be hard to find a better alternative.” Client, Best Lawyers Best Law Firms
  • “[T]he 206-year-old law firm prides itself on its generalist approach, training its attorneys to cut across disciplines and handle evolving client needs as part of a single litigation department.” Law360
  • “Best firm that I’ve ever experienced in terms of client service, availability and anticipating needs strategically.” Client, Chambers USA
  • “No firm demonstrates better teamwork in complex litigation or can muster the same cohesive intellectual firepower.” Client, The Legal 500 US
  • “Cravath has some of the best - if not THE best - legal talent in the country.” Client, Chambers USA
  • “It’s one of the most prestigious law firms in the world and they have lived up to that. They are always prepared, always thinking ahead, and consistently the best in court.” Client, Chambers USA
  • “On the technical side they are very skilled but the main difference from other firms is that Cravath does a great job of understanding the client’s culture—they know how we work, and so fit their style with ours.” Client, Chambers USA
  • Deals & Cases
  • Recent News & Insights

Deals & Cases

September 04, 2025

Amex Not Liable on Antitrust Claims in Trial Victory

On August 28, 2025, a jury in the U.S. District Court for the Eastern District of New York unanimously concluded that Cravath clients American Express Company and American Express Travel Related Services Company, Inc., (together, “Amex”) are not liable for antitrust claims in a class action suit, brought by a class of debit card users and non‑rewards credit card users from eight states and Washington, D.C., alleging that the company’s non‑discrimination provisions are anticompetitive.

Deals & Cases

September 03, 2025

Citigroup Defeats Certification of Proposed Class in Breach of Contract Litigation

On September 2, 2025, the United States District Court for the Southern District of New York denied Loomis Sayles Trust Company’s (“LSTC”) motion for class certification in its breach of contract action against Cravath client Citigroup Global Markets Inc. (“Citigroup”).

Deals & Cases

August 29, 2025

PepsiCo’s Strategic Partnership with Celsius Holdings

On August 29, 2025, PepsiCo, Inc. (“PepsiCo”) and Celsius Holdings, Inc. (“Celsius Holdings”) announced an agreement to strengthen their long-term strategic partnership. As part of the agreement, (i) Celsius Holdings’ Alani Nu brand will move to the PepsiCo distribution system in the U.S. and Canada, (ii) PepsiCo has acquired $585 million in newly issued convertible 5% preferred stock while extending its existing preferred stock to the same conversion period and (iii) Celsius Holdings has acquired the Rockstar Energy brand in the U.S. and Canada from PepsiCo. PepsiCo will continue to own the Rockstar brand internationally. Celsius Holdings will become the strategic energy lead in the U.S., managing the Celsius, Alani Nu and Rockstar Energy brands, while PepsiCo will lead distribution for the Celsius Holdings portfolio in the U.S. and Canada. Cravath is representing PepsiCo in connection with the transaction.

Deals & Cases

August 21, 2025

Epic Games’ Ninth Circuit Win Affirming Antitrust Trial Victory and Permanent Injunction Against Google

On July 31, 2025, the U.S. Court of Appeals for the Ninth Circuit unanimously affirmed a jury verdict won by Cravath client Epic against Google in the U.S. District Court for the Northern District of California that Google has engaged in illegal anticompetitive behavior in the distribution of mobile apps and in the handling of in‑app payments. The Ninth Circuit also unanimously affirmed the district court’s permanent injunction against Google. The district court’s injunction prohibits Google from providing benefits to phone manufacturers, app developers and others in exchange for favoring the Google Play Store, prohibits Google from requiring the use of its own payment solution and also requires Google to take steps to restore competition, such as carrying other app stores on the Google Play Store.

Deals & Cases

August 11, 2025

Intermex’s Acquisition by Western Union

On August 10, 2025, International Money Express, Inc. (“Intermex”) and The Western Union Company (“Western Union”) announced they have entered into a definitive agreement under which Western Union will acquire Intermex in an all‑cash transaction at $16.00 per share, representing a total equity and enterprise value of approximately $500 million. Cravath is representing Intermex’s Strategic Alternatives Committee in connection with the transaction.

Activities

September 26, 2025

Noah Phillips Interviews Director of the FTC’s Bureau of Competition in Keynote Q&A Session at the Fordham Competition Law Institute’s 52nd Annual Conference on International Antitrust Law and Policy

On September 19, 2025, Cravath partner Noah Joshua Phillips participated in Fordham Competition Law Institute’s 52nd Annual Conference on International Antitrust Law and Policy and Antitrust Economics Workshop, held in New York. The conference convened leading figures in the industry to discuss recent developments in competition law and policy. Noah interviewed Daniel Guarnera, Director of the Federal Trade Commission’s Bureau of Competition, in a keynote Q&A session during the event.

Publications

September 22, 2025

Cravath Data Privacy and Security Review: H1 2025

On September 18, 2025, Cravath published the fifth edition of its Cravath Data Privacy and Security Review newsletter. The Review provides an overview of recent U.S. state and federal legislative and regulatory developments, alongside U.S. and global enforcement trends and takeaways, in data privacy and cybersecurity for the first six months of 2025. It first presents an update on emerging and existing privacy and security legislation at the federal level, including amendments to the Children’s Online Privacy Protection Rule, then highlights notable legislative developments at the state level across the country. This edition also explores the heightened focus on cybersecurity- and privacy‑related enforcement at federal agencies, including the Federal Trade Commission, Securities and Exchange Commission and Department of Justice, and provides global enforcement updates from the European Union and China.

Activities

September 22, 2025

Jennifer Leete and Michael Arnold Moderate Sessions at ABA’s 2025 Business Law Section Fall Meeting

On September 19, 2025, Cravath partners Jennifer S. Leete and Michael L. Arnold participated in the ABA’s 2025 Business Law Section Fall Meeting in Toronto, Canada. Jennifer moderated a panel entitled “Cross‑Border Securities Investigations and Parallel Proceedings Litigation,” in which leading practitioners from the United States and Canada discussed important considerations for handling cross‑border securities matters in those jurisdictions. Michael moderated a session entitled “Dialogue with the Director,” during which he interviewed the Acting Director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission.

Publications

September 16, 2025

Maggie Segall Authors Chapter on Antitrust Investigations for Global Competition Review’s “Americas Antitrust Review 2026”

Cravath partner Margaret T. Segall authored a chapter entitled “United States: Government Investigations.” for Global Competition Review’s “Americas Antitrust Review 2026,” published on August 11, 2025. The chapter reviews recent DOJ and FTC enforcement activity, including merger challenges, settlements and non‑merger actions.

Activities

September 15, 2025

Maggie Segall Speaks at IBA’s 2025 Competition Conference

On September 13, 2025, Cravath partner Margaret T. Segall participated in the International Bar Association’s 29th Annual Competition Conference, which was held from September 12‑13 in Florence, Italy. The event brought together international practitioners, including law firms, government officials and academics, to discuss antitrust law developments. Maggie spoke on a panel entitled “A New Era for Merger Control: Industrial Policy, Competitiveness and Innovation,” which reviewed how Europe’s Draghi report, the Competition and Markets Authority’s “political reset,” the new U.S. administration and other international developments are playing out in merger enforcement.

Deals & Cases

September 04, 2025

Amex Not Liable on Antitrust Claims in Trial Victory

On August 28, 2025, a jury in the U.S. District Court for the Eastern District of New York unanimously concluded that Cravath clients American Express Company and American Express Travel Related Services Company, Inc., (together, “Amex”) are not liable for antitrust claims in a class action suit, brought by a class of debit card users and non‑rewards credit card users from eight states and Washington, D.C., alleging that the company’s non‑discrimination provisions are anticompetitive.

Deals & Cases

September 03, 2025

Citigroup Defeats Certification of Proposed Class in Breach of Contract Litigation

On September 2, 2025, the United States District Court for the Southern District of New York denied Loomis Sayles Trust Company’s (“LSTC”) motion for class certification in its breach of contract action against Cravath client Citigroup Global Markets Inc. (“Citigroup”).

Deals & Cases

August 29, 2025

PepsiCo’s Strategic Partnership with Celsius Holdings

On August 29, 2025, PepsiCo, Inc. (“PepsiCo”) and Celsius Holdings, Inc. (“Celsius Holdings”) announced an agreement to strengthen their long-term strategic partnership. As part of the agreement, (i) Celsius Holdings’ Alani Nu brand will move to the PepsiCo distribution system in the U.S. and Canada, (ii) PepsiCo has acquired $585 million in newly issued convertible 5% preferred stock while extending its existing preferred stock to the same conversion period and (iii) Celsius Holdings has acquired the Rockstar Energy brand in the U.S. and Canada from PepsiCo. PepsiCo will continue to own the Rockstar brand internationally. Celsius Holdings will become the strategic energy lead in the U.S., managing the Celsius, Alani Nu and Rockstar Energy brands, while PepsiCo will lead distribution for the Celsius Holdings portfolio in the U.S. and Canada. Cravath is representing PepsiCo in connection with the transaction.

Deals & Cases

August 21, 2025

Epic Games’ Ninth Circuit Win Affirming Antitrust Trial Victory and Permanent Injunction Against Google

On July 31, 2025, the U.S. Court of Appeals for the Ninth Circuit unanimously affirmed a jury verdict won by Cravath client Epic against Google in the U.S. District Court for the Northern District of California that Google has engaged in illegal anticompetitive behavior in the distribution of mobile apps and in the handling of in‑app payments. The Ninth Circuit also unanimously affirmed the district court’s permanent injunction against Google. The district court’s injunction prohibits Google from providing benefits to phone manufacturers, app developers and others in exchange for favoring the Google Play Store, prohibits Google from requiring the use of its own payment solution and also requires Google to take steps to restore competition, such as carrying other app stores on the Google Play Store.

Deals & Cases

August 11, 2025

Intermex’s Acquisition by Western Union

On August 10, 2025, International Money Express, Inc. (“Intermex”) and The Western Union Company (“Western Union”) announced they have entered into a definitive agreement under which Western Union will acquire Intermex in an all‑cash transaction at $16.00 per share, representing a total equity and enterprise value of approximately $500 million. Cravath is representing Intermex’s Strategic Alternatives Committee in connection with the transaction.

Activities

September 26, 2025

Noah Phillips Interviews Director of the FTC’s Bureau of Competition in Keynote Q&A Session at the Fordham Competition Law Institute’s 52nd Annual Conference on International Antitrust Law and Policy

On September 19, 2025, Cravath partner Noah Joshua Phillips participated in Fordham Competition Law Institute’s 52nd Annual Conference on International Antitrust Law and Policy and Antitrust Economics Workshop, held in New York. The conference convened leading figures in the industry to discuss recent developments in competition law and policy. Noah interviewed Daniel Guarnera, Director of the Federal Trade Commission’s Bureau of Competition, in a keynote Q&A session during the event.

Publications

September 22, 2025

Cravath Data Privacy and Security Review: H1 2025

On September 18, 2025, Cravath published the fifth edition of its Cravath Data Privacy and Security Review newsletter. The Review provides an overview of recent U.S. state and federal legislative and regulatory developments, alongside U.S. and global enforcement trends and takeaways, in data privacy and cybersecurity for the first six months of 2025. It first presents an update on emerging and existing privacy and security legislation at the federal level, including amendments to the Children’s Online Privacy Protection Rule, then highlights notable legislative developments at the state level across the country. This edition also explores the heightened focus on cybersecurity- and privacy‑related enforcement at federal agencies, including the Federal Trade Commission, Securities and Exchange Commission and Department of Justice, and provides global enforcement updates from the European Union and China.

Activities

September 22, 2025

Jennifer Leete and Michael Arnold Moderate Sessions at ABA’s 2025 Business Law Section Fall Meeting

On September 19, 2025, Cravath partners Jennifer S. Leete and Michael L. Arnold participated in the ABA’s 2025 Business Law Section Fall Meeting in Toronto, Canada. Jennifer moderated a panel entitled “Cross‑Border Securities Investigations and Parallel Proceedings Litigation,” in which leading practitioners from the United States and Canada discussed important considerations for handling cross‑border securities matters in those jurisdictions. Michael moderated a session entitled “Dialogue with the Director,” during which he interviewed the Acting Director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission.

Publications

September 16, 2025

Maggie Segall Authors Chapter on Antitrust Investigations for Global Competition Review’s “Americas Antitrust Review 2026”

Cravath partner Margaret T. Segall authored a chapter entitled “United States: Government Investigations.” for Global Competition Review’s “Americas Antitrust Review 2026,” published on August 11, 2025. The chapter reviews recent DOJ and FTC enforcement activity, including merger challenges, settlements and non‑merger actions.

Activities

September 15, 2025

Maggie Segall Speaks at IBA’s 2025 Competition Conference

On September 13, 2025, Cravath partner Margaret T. Segall participated in the International Bar Association’s 29th Annual Competition Conference, which was held from September 12‑13 in Florence, Italy. The event brought together international practitioners, including law firms, government officials and academics, to discuss antitrust law developments. Maggie spoke on a panel entitled “A New Era for Merger Control: Industrial Policy, Competitiveness and Innovation,” which reviewed how Europe’s Draghi report, the Competition and Markets Authority’s “political reset,” the new U.S. administration and other international developments are playing out in merger enforcement.

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