Christopher K. Fargo represents clients in connection with the tax aspects of mergers and acquisitions, reorganizations, securities offerings and joint ventures. Mr. Fargo has advised on matters across a broad range of industries, including media and entertainment, consumer products, retail, telecommunications, transportation, energy, healthcare and fintech.
His notable transactions include representing:
altafiber in the $670 million sale of CBTS to TowerBrook, its $2.9 billion acquisition by Macquarie Infrastructure, its $650 million combination with Hawaiian Telcom, its $201 million acquisition of OnX Enterprise Solutions and the $361 million carve‑out IPO of CyrusOne as a REIT;
White Mountains Insurance in the pending acquisition, in partnership with Ethos Capital and BCI, of an ownership position in BroadStreet Partners; its $300 million acquisition of a majority stake in Bamboo; its equity investment in Kudu; its $388 million acquisition of NSM Insurance Group and the $1.775 billion sale of NSM to Carlyle; its investment in Elementum Advisors; MediaAlpha’s sale of a significant minority stake to Insignia Capital; and its sale of TRANZACT to Clayton Dubilier & Rice;
OUTFRONT Media in the C$410 million divestiture of its Canadian business to Bell Media;
AngloGold Ashanti in its corporate restructuring and change to domicile and primary listing location;
CyrusOne in its $15 billion acquisition by KKR and Global Infrastructure Partners;
Eurazeo in its acquisition of Scaled Agile;
Mr. Fargo has been repeatedly recognized for his work in the tax arena by Chambers USA and The Legal 500 US. In 2017, he was named a “Rising Star” by Law360, recognizing him as one of five outstanding tax lawyers in the nation under the age of 40. In addition, Mr. Fargo has been named a “Leading Lawyer” in international tax by The Legal 500 US and as one of the “500 Leading Dealmakers in America” by Lawdragon. He is a member of the Tax Section of the New York State Bar Association.
Mr. Fargo regularly contributes to thought leadership on important developments in tax law. He has co‑authored multiple editions of the U.S. chapter of the Chambers “Investing in…” Guide, and his writings have also been published by outlets such as the Harvard Law School Forum on Corporate Governance.
Mr. Fargo was born in Boston, Massachusetts. He received a B.A. cum laude from Boston College in 2003 and a J.D. from Columbia Law School in 2006, where he was a Harlan Fiske Stone Scholar.
Mr. Fargo joined Cravath in 2006 and was elected a partner in 2013.
His notable transactions include representing:
altafiber in the $670 million sale of CBTS to TowerBrook, its $2.9 billion acquisition by Macquarie Infrastructure, its $650 million combination with Hawaiian Telcom, its $201 million acquisition of OnX Enterprise Solutions and the $361 million carve‑out IPO of CyrusOne as a REIT;
White Mountains Insurance in the pending acquisition, in partnership with Ethos Capital and BCI, of an ownership position in BroadStreet Partners; its $300 million acquisition of a majority stake in Bamboo; its equity investment in Kudu; its $388 million acquisition of NSM Insurance Group and the $1.775 billion sale of NSM to Carlyle; its investment in Elementum Advisors; MediaAlpha’s sale of a significant minority stake to Insignia Capital; and its sale of TRANZACT to Clayton Dubilier & Rice;
OUTFRONT Media in the C$410 million divestiture of its Canadian business to Bell Media;
AngloGold Ashanti in its corporate restructuring and change to domicile and primary listing location;
CyrusOne in its $15 billion acquisition by KKR and Global Infrastructure Partners;
Eurazeo in its acquisition of Scaled Agile;
Mr. Fargo has been repeatedly recognized for his work in the tax arena by Chambers USA and The Legal 500 US. In 2017, he was named a “Rising Star” by Law360, recognizing him as one of five outstanding tax lawyers in the nation under the age of 40. In addition, Mr. Fargo has been named a “Leading Lawyer” in international tax by The Legal 500 US and as one of the “500 Leading Dealmakers in America” by Lawdragon. He is a member of the Tax Section of the New York State Bar Association.
Mr. Fargo regularly contributes to thought leadership on important developments in tax law. He has co‑authored multiple editions of the U.S. chapter of the Chambers “Investing in…” Guide, and his writings have also been published by outlets such as the Harvard Law School Forum on Corporate Governance.
Mr. Fargo was born in Boston, Massachusetts. He received a B.A. cum laude from Boston College in 2003 and a J.D. from Columbia Law School in 2006, where he was a Harlan Fiske Stone Scholar.
Mr. Fargo joined Cravath in 2006 and was elected a partner in 2013.
Chambers USA
Law360
Lawdragon
The Legal 500 US
Deals & Cases
April 15, 2025
Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with its $500 million registered fixed‑rate reset junior subordinated notes offering. AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust are wholly owned subsidiaries of AerCap Holdings N.V., the global leader in aircraft leasing. The notes will be listed on the Irish Stock Exchange. The transaction closed on April 1, 2025.
Deals & Cases
April 10, 2025
On April 10, 2025, an investor group led by White Mountains Insurance Group, Ltd. (“White Mountains”), Ethos Capital and British Columbia Investment Management Corporation announced it will acquire an ownership position in BroadStreet Partners, Inc. (“BroadStreet”), a leading North American insurance brokerage company. Under the terms of the agreement, Ontario Teachers’ Pension Plan will maintain a significant co‑control stake in BroadStreet and operate in partnership with the investment group. Cravath is representing White Mountains in connection with the transaction.
Deals & Cases
January 27, 2025
Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with their $1.5 billion registered senior notes offering. AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust are wholly owned subsidiaries of AerCap Holdings N.V., the global leader in aircraft leasing. The notes were listed on the Irish Stock Exchange. The transaction closed on January 13, 2025.
Deals & Cases
November 18, 2024
Cravath represented Martin Marietta Materials, Inc. in connection with its $1.5 billion registered senior notes offering. Martin Marietta Materials, Inc. is a leading supplier of aggregates and heavy building materials for the construction industry in the United States. The transaction closed on November 4, 2024.
Deals & Cases
November 04, 2024
On November 4, 2024, DRI Healthcare Trust (“the Trust”), a global leader in providing financing to advance innovation in the life sciences industry, announced it has acquired a royalty interest in the worldwide net sales of all formulations of sebetralstat, an investigational oral plasma kallikrein inhibitor for the treatment of Hereditary Angioedema, from KalVista Pharmaceuticals ("KalVista") for an aggregate purchase price of up to $179 million, comprised of a $100 million upfront payment, up to $57 million in a sales-based milestone payment and a one-time $22 million optional payment. Additionally, the Trust is making a $5 million investment in KalVista’s common stock in a private placement transaction. Cravath is representing DRI Healthcare Trust in connection with the transaction.
Publications
February 11, 2025
Cravath partners G.J. Ligelis Jr., Alyssa K. Caples, Christopher K. Fargo and Margaret T. Segall co‑authored the U.S. Law & Practice chapter of the fifth edition of Chambers “Investing In… 2025” Guide, which was published in January 2025. The guide, which is part of the publisher’s Global Practice Guides series, examines country‑specific legal issues that arise from foreign direct investment (“FDI”) and cross‑border transactions in the more than 30 jurisdictions covered. The U.S. Law & Practice chapter surveys the legal system and regulatory framework for FDI in the country, analyzing the economic climate, as well as considerations related to mergers and acquisitions, corporate governance, capital markets, antitrust, national security, tax, employment and intellectual property.
Publications
January 30, 2025
On January 28, 2025, Cravath prepared a memo for its clients entitled “IRS and Treasury Publish Final Regulations for Section 45V Clean Hydrogen Production Tax Credit.” The memo examines the U.S. Department of the Treasury and the Internal Revenue Service’s recently published final regulations for the Clean Hydrogen Production Tax Credit under Section 45V of the Internal Revenue Code (the “45V Credit”).
Publications
December 19, 2024
On December 18, 2024, Cravath prepared a memo for its clients entitled “IRS and Treasury Publish Final Regulations for Section 48 Investment Tax Credits.” The memo examines the U.S. Department of the Treasury and the Internal Revenue Service’s recently published final regulations regarding the energy credit available under Section 48 of the Internal Revenue Code.
Publications
November 19, 2024
On November 19, 2024, Cravath prepared a memo for its clients entitled “IRS and Treasury Publish Final Regulations for Advanced Manufacturing Production Tax Credits.” The memo examines the United States Department of the Treasury and the Internal Revenue Service’s recently issued final regulations for Advanced Manufacturing Production Tax Credits under Section 45X of the Internal Revenue Code.
Publications
April 30, 2024
On April 26, 2024, Cravath prepared a discussion of the recent final regulations on the qualification of REITs as “domestically controlled,” a common planning point for foreign investors in US real estate.
Christopher K. Fargo represents clients in connection with the tax aspects of mergers and acquisitions, reorganizations, securities offerings and joint ventures. Mr. Fargo has advised on matters across a broad range of industries, including media and entertainment, consumer products, retail, telecommunications, transportation, energy, healthcare and fintech.
His notable transactions include representing:
altafiber in the $670 million sale of CBTS to TowerBrook, its $2.9 billion acquisition by Macquarie Infrastructure, its $650 million combination with Hawaiian Telcom, its $201 million acquisition of OnX Enterprise Solutions and the $361 million carve‑out IPO of CyrusOne as a REIT;
White Mountains Insurance in the pending acquisition, in partnership with Ethos Capital and BCI, of an ownership position in BroadStreet Partners; its $300 million acquisition of a majority stake in Bamboo; its equity investment in Kudu; its $388 million acquisition of NSM Insurance Group and the $1.775 billion sale of NSM to Carlyle; its investment in Elementum Advisors; MediaAlpha’s sale of a significant minority stake to Insignia Capital; and its sale of TRANZACT to Clayton Dubilier & Rice;
OUTFRONT Media in the C$410 million divestiture of its Canadian business to Bell Media;
AngloGold Ashanti in its corporate restructuring and change to domicile and primary listing location;
CyrusOne in its $15 billion acquisition by KKR and Global Infrastructure Partners;
Eurazeo in its acquisition of Scaled Agile;
Mr. Fargo has been repeatedly recognized for his work in the tax arena by Chambers USA and The Legal 500 US. In 2017, he was named a “Rising Star” by Law360, recognizing him as one of five outstanding tax lawyers in the nation under the age of 40. In addition, Mr. Fargo has been named a “Leading Lawyer” in international tax by The Legal 500 US and as one of the “500 Leading Dealmakers in America” by Lawdragon. He is a member of the Tax Section of the New York State Bar Association.
Mr. Fargo regularly contributes to thought leadership on important developments in tax law. He has co‑authored multiple editions of the U.S. chapter of the Chambers “Investing in…” Guide, and his writings have also been published by outlets such as the Harvard Law School Forum on Corporate Governance.
Mr. Fargo was born in Boston, Massachusetts. He received a B.A. cum laude from Boston College in 2003 and a J.D. from Columbia Law School in 2006, where he was a Harlan Fiske Stone Scholar.
Mr. Fargo joined Cravath in 2006 and was elected a partner in 2013.
His notable transactions include representing:
altafiber in the $670 million sale of CBTS to TowerBrook, its $2.9 billion acquisition by Macquarie Infrastructure, its $650 million combination with Hawaiian Telcom, its $201 million acquisition of OnX Enterprise Solutions and the $361 million carve‑out IPO of CyrusOne as a REIT;
White Mountains Insurance in the pending acquisition, in partnership with Ethos Capital and BCI, of an ownership position in BroadStreet Partners; its $300 million acquisition of a majority stake in Bamboo; its equity investment in Kudu; its $388 million acquisition of NSM Insurance Group and the $1.775 billion sale of NSM to Carlyle; its investment in Elementum Advisors; MediaAlpha’s sale of a significant minority stake to Insignia Capital; and its sale of TRANZACT to Clayton Dubilier & Rice;
OUTFRONT Media in the C$410 million divestiture of its Canadian business to Bell Media;
AngloGold Ashanti in its corporate restructuring and change to domicile and primary listing location;
CyrusOne in its $15 billion acquisition by KKR and Global Infrastructure Partners;
Eurazeo in its acquisition of Scaled Agile;
Mr. Fargo has been repeatedly recognized for his work in the tax arena by Chambers USA and The Legal 500 US. In 2017, he was named a “Rising Star” by Law360, recognizing him as one of five outstanding tax lawyers in the nation under the age of 40. In addition, Mr. Fargo has been named a “Leading Lawyer” in international tax by The Legal 500 US and as one of the “500 Leading Dealmakers in America” by Lawdragon. He is a member of the Tax Section of the New York State Bar Association.
Mr. Fargo regularly contributes to thought leadership on important developments in tax law. He has co‑authored multiple editions of the U.S. chapter of the Chambers “Investing in…” Guide, and his writings have also been published by outlets such as the Harvard Law School Forum on Corporate Governance.
Mr. Fargo was born in Boston, Massachusetts. He received a B.A. cum laude from Boston College in 2003 and a J.D. from Columbia Law School in 2006, where he was a Harlan Fiske Stone Scholar.
Mr. Fargo joined Cravath in 2006 and was elected a partner in 2013.
Chambers USA
Law360
Lawdragon
The Legal 500 US
Deals & Cases
April 15, 2025
Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with its $500 million registered fixed‑rate reset junior subordinated notes offering. AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust are wholly owned subsidiaries of AerCap Holdings N.V., the global leader in aircraft leasing. The notes will be listed on the Irish Stock Exchange. The transaction closed on April 1, 2025.
Deals & Cases
April 10, 2025
On April 10, 2025, an investor group led by White Mountains Insurance Group, Ltd. (“White Mountains”), Ethos Capital and British Columbia Investment Management Corporation announced it will acquire an ownership position in BroadStreet Partners, Inc. (“BroadStreet”), a leading North American insurance brokerage company. Under the terms of the agreement, Ontario Teachers’ Pension Plan will maintain a significant co‑control stake in BroadStreet and operate in partnership with the investment group. Cravath is representing White Mountains in connection with the transaction.
Deals & Cases
January 27, 2025
Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with their $1.5 billion registered senior notes offering. AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust are wholly owned subsidiaries of AerCap Holdings N.V., the global leader in aircraft leasing. The notes were listed on the Irish Stock Exchange. The transaction closed on January 13, 2025.
Deals & Cases
November 18, 2024
Cravath represented Martin Marietta Materials, Inc. in connection with its $1.5 billion registered senior notes offering. Martin Marietta Materials, Inc. is a leading supplier of aggregates and heavy building materials for the construction industry in the United States. The transaction closed on November 4, 2024.
Deals & Cases
November 04, 2024
On November 4, 2024, DRI Healthcare Trust (“the Trust”), a global leader in providing financing to advance innovation in the life sciences industry, announced it has acquired a royalty interest in the worldwide net sales of all formulations of sebetralstat, an investigational oral plasma kallikrein inhibitor for the treatment of Hereditary Angioedema, from KalVista Pharmaceuticals ("KalVista") for an aggregate purchase price of up to $179 million, comprised of a $100 million upfront payment, up to $57 million in a sales-based milestone payment and a one-time $22 million optional payment. Additionally, the Trust is making a $5 million investment in KalVista’s common stock in a private placement transaction. Cravath is representing DRI Healthcare Trust in connection with the transaction.
Publications
February 11, 2025
Cravath partners G.J. Ligelis Jr., Alyssa K. Caples, Christopher K. Fargo and Margaret T. Segall co‑authored the U.S. Law & Practice chapter of the fifth edition of Chambers “Investing In… 2025” Guide, which was published in January 2025. The guide, which is part of the publisher’s Global Practice Guides series, examines country‑specific legal issues that arise from foreign direct investment (“FDI”) and cross‑border transactions in the more than 30 jurisdictions covered. The U.S. Law & Practice chapter surveys the legal system and regulatory framework for FDI in the country, analyzing the economic climate, as well as considerations related to mergers and acquisitions, corporate governance, capital markets, antitrust, national security, tax, employment and intellectual property.
Publications
January 30, 2025
On January 28, 2025, Cravath prepared a memo for its clients entitled “IRS and Treasury Publish Final Regulations for Section 45V Clean Hydrogen Production Tax Credit.” The memo examines the U.S. Department of the Treasury and the Internal Revenue Service’s recently published final regulations for the Clean Hydrogen Production Tax Credit under Section 45V of the Internal Revenue Code (the “45V Credit”).
Publications
December 19, 2024
On December 18, 2024, Cravath prepared a memo for its clients entitled “IRS and Treasury Publish Final Regulations for Section 48 Investment Tax Credits.” The memo examines the U.S. Department of the Treasury and the Internal Revenue Service’s recently published final regulations regarding the energy credit available under Section 48 of the Internal Revenue Code.
Publications
November 19, 2024
On November 19, 2024, Cravath prepared a memo for its clients entitled “IRS and Treasury Publish Final Regulations for Advanced Manufacturing Production Tax Credits.” The memo examines the United States Department of the Treasury and the Internal Revenue Service’s recently issued final regulations for Advanced Manufacturing Production Tax Credits under Section 45X of the Internal Revenue Code.
Publications
April 30, 2024
On April 26, 2024, Cravath prepared a discussion of the recent final regulations on the qualification of REITs as “domestically controlled,” a common planning point for foreign investors in US real estate.
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