Vault Guide to the Top 100 Law Firms, 2018 Edition.pdf

In the news ongoing credit where credit is due

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firm holds a firm meeting of all partners. IN THE NEWS Ongoing Credit Where Credit is Due Cravath has been Credit Suisse’s go-to counsel for their most significant matters since successfully leading the company’s defense in Enron-related litigation 15 years ago. Among other matters, Cravath currently represents Credit Suisse in litigation brought by former Huntsman shareholders relating to the failed 2008 Hexion/Huntsman merger, which is scheduled for trial in February 2018; in all of its residential mortgage-backed securi- ties litigation, so far securing the dismissal of claims covering approximately $835 million in securities; and in pursuing over $1 billion in claims in the Lehman bankruptcy related to the early termination of derivative trades. February 2017 One Tequila, Two Tequila… Cravath represented Becle, S.A.B. de C.V. in connection with its MXN12.8 billion 144A/Reg. S international offering of shares in the United States and its concurrent MXN5.8 billion initial public offering offered in Mexico through the Mexican Stock Exchange and the Latin American Integrated Market. Becle, S.A.B. de C.V. and its subsidiaries, collectively known as Jose Cuervo, is a globally recognized spirits company and the largest tequila producer in the world. Turbo Charge Court Win Cravath represented DreamWorks Animation SKG, Inc. in a consolidated class action securities lawsuit in federal court in the Central District of California alleging that the company misrepresented its financial performance with respect to the 2013 animated film, Turbo . The court granted defendants’
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© 2017 Vault.com Inc. 86 Vault Guide to the Top 100 Law Firms, 2018 Edition CRAVATH, SWAINE & MOORE LLP motion to dismiss in April 2015, which was affirmed on appeal by the Ninth Circuit in February 2017. Cravath also represented DreamWorks in connection with a related SEC investigation, which the SEC terminated without taking action in July 2016. November 2016 That’s Kind of a Big Deal Cravath represented Qualcomm Incorporated, as borrower, in connection with a US$5 billion amended and restated senior unsecured revolving credit facility provided for working capital, capital expenditures and other general corporate purposes and a US$4 billion senior unsecured delayed-draw term loan facil- ity provided to finance the acquisition of NXP Semiconductors N.V. by Qualcomm River Holdings B.V., a wholly owned subsid- iary of Qualcomm Incorporated. October 2016 TV on Your Phone Cravath is representing Time Warner Inc. in connection with its pending US$108.7 billion sale to AT&T Inc. The deal combines Time Warner’s vast library of content with AT&T’s extensive customer relationships, pay TV subscriber base and leading scale in TV, mobile, and broadband distribution. September 2016 Platinum Win Cravath led American Express to a major victory in a lawsuit brought by the DOJ and 17 state attorneys general alleging that “nondiscrimination” provisions in AmEx’s card agree- ments prohibiting merchants from steering customers to use other cards restrained competition in violation of Section 1 of the Sherman Act. Cravath tried the case over seven weeks
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