Cravath Publishes Winter 2026 Issue of Alumni Journal
Cravath’s highly regarded antitrust practice is led by a former Commissioner of the Federal Trade Commission (FTC) and a former Principal Deputy Assistant Attorney General of the Department of Justice’s (DOJ) Antitrust Division, who are joined by a team of the country’s top antitrust practitioners. We leverage this deep experience and insight in formulating global antitrust strategy, securing regulatory clearance for mergers and acquisitions, and bringing or defending against charges of anticompetitive behavior. Clients turn to Cravath for their most significant—and often unprecedented—antitrust concerns, and we have played a central role in industry- and law‑shaping competition matters for decades.
Cravath has an extensive track record of success in federal and state appellate courts across the country, for both appellants and appellees, repeatedly going “the distance in some of the thorniest, most complex trials and appeals” in the last several years. (The American Lawyer) We successfully defend positive results we achieve in the trial courts, including interlocutory appeals and appeals following trial or other disposition, and—in the face of adverse decisions—we persevere to obtain the best outcome for our clients, shaping the law in the process.
Cravath frequently and successfully represents U.S. and non-U.S. entities in domestic and international arbitrations involving diverse industries and various areas of the law. Our representations extend to clients in Asia, Europe, Latin America and the Middle East, as well as sovereign nations, often involving multibillion‑dollar disputes.
Deals & Cases
April 22, 2026
Cravath represented the administrative agents, joint lead arrangers and joint bookrunners in connection with a $5 billion revolving credit facility made available to Marathon Petroleum Corporation, a leading, integrated, downstream and midstream energy company, and a $2.5 billion revolving credit facility made available to MPLX LP, a master limited partnership formed by Marathon Petroleum Corporation. MPLX LP owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. The transactions closed on April 7, 2026.
Activities
April 20, 2026
On April 17, 2026, Cravath of counsel Scott B. Reents participated in Stanford Law School’s Generative Legal 2026 conference in Palo Alto, California, which brought together senior in‑house counsel, law firm partners, technologists, investors and academics to explore how AI is reshaping legal practice. Scott spoke on a panel entitled “Impact of AI on the Legal Industry,” which discussed how generative AI is reshaping the talent pipeline and operating models in law. Panelists examined how junior attorneys will gain foundational experience with AI and how law firms and in‑house departments are adjusting their structures.
Activities
April 17, 2026
On April 14, 2026, Cravath partner William D. Podurgiel participated in “CHROs as Business Leaders and Board Directors: The Path to the Boardroom,” a program hosted by Challenger, Gray & Christmas in Chicago. Bill spoke during a workshop entitled “The Legal and Regulatory Foundation of Corporate Governance,” which discussed director roles and accountabilities, board structure and operating rhythm, effective board dynamics and private vs. public boards.
From the Firm’s inception, challenging pro bono work has been a cornerstone of our practice.
It takes more than great lawyers to make a great law firm. It takes an administrative staff that shares our lawyers’ commitment to quality and excellence. Cravath’s dedicated staff helps sustain our preeminent position among the world’s law firms. Our collaborative environment and singular record of success combine to provide you with an unparalleled opportunity to develop both professionally and personally.
Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.
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