Cravath’s New York Office Moves to Two Manhattan West
Cravath partner J. Leonard Teti II was featured on the October 4, 2024 episode of ALM’s “Legal Speak” podcast, which invites guests to share unique perspectives from across the legal industry. During the conversation with ALM editor Christine Simmons, Len discussed the launch of season 8 of Cravath’s “On Tax” podcast, which he hosts as an opportunity to speak to professionals across the world of tax law in order to highlight the people, connections and stories that make it a fascinating and dynamic area of practice. “It's not really a podcast about tax, it's a podcast about people,” noted Len, adding that “you don't need to be a tax person or even a lawyer, to benefit from the things that people are saying,” because the podcast “is about an individual's personal and professional growth over the course of a career.” Len also noted that in addition to business professionals the podcast has found an audience among law students and their professors. From a recruiting perspective, with those students who listen, “you're able to have a conversation about the Firm and about this particular law student's interest in starting his or her career at the Firm at a level far beyond what you would do in the absence of that kind of knowledge.”
Len also addressed stereotypes around tax lawyers, explaining that the podcast illuminates the broad range of careers and approaches tax professionals pursue, not just as technical experts but in Len’s case, as “commercial, transactional deal lawyer who has a specialty and a special knowledge base in tax,” and in the case of many guests whose tax expertise serves as a foundation for a diverse set of careers.
Please click here to listen to the full episode: Legal Speak: Cravath's Len Teti on the Human Side of Tax Law (libsyn.com)
Deals & Cases
October 07, 2024
On October 4, 2024, Vista Outdoor Inc. (“Vista Outdoor”), the parent company of more than three dozen renowned brands that design, manufacture and market sporting and outdoor products, announced it has entered into a definitive agreement with funds managed by Strategic Value Partners, LLC, and its affiliates (“SVP”), a global alternative investment firm with approximately $19 billion of assets under management, to sell Revelyst in an all‑cash transaction based on an enterprise value of $1.125 billion. In connection with the SVP Transaction, Vista Outdoor also entered into an amendment to the merger agreement with Czechoslovak Group a.s. (“CSG”) to acquire The Kinetic Group, increasing the purchase price for The Kinetic Group to $2.225 billion. Together, the CSG Transaction and the SVP Transaction represent an enterprise value of $3.35 billion for Vista Outdoor and will deliver an estimated $45 per share in cash to Vista Outdoor stockholders. Cravath is representing Vista Outdoor in connection with the transaction.
Deals & Cases
September 10, 2024
On September 9, 2024, IBM announced its intent to acquire Accelalpha, a global Oracle services provider with deep expertise helping clients digitize core business operations and accelerate adoption of Oracle Cloud Applications. This acquisition expands IBM's Oracle consulting expertise in supply chain and logistics, finance, enterprise performance management and customer transformation. Cravath is representing IBM in connection with the transaction.
Deals & Cases
September 05, 2024
On September 5, 2024, Verizon Communications Inc. and Frontier Communications Parent, Inc. (“Frontier”), the largest pure‑play fiber provider in the U.S., announced they have entered into a definitive agreement for Verizon to acquire Frontier in an all‑cash transaction valued at $20 billion. Cravath is representing Frontier in connection with the transaction.
Deals & Cases
August 08, 2024
On August 8, 2024, private investment firm Lindsay Goldberg and Golden State Foods, one of the largest diversified suppliers to the foodservice and retail industries, announced that they have entered into an agreement for Lindsay Goldberg to acquire a controlling interest in Golden State Foods. Cravath is representing Lindsay Goldberg in connection with the transaction.
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.
Attorney Advertising. ©2024 Cravath, Swaine & Moore LLP.