Cravath’s New York Office Moves to Two Manhattan West
Omid H. Nasab is a trial lawyer who represents clients in high-stakes commercial disputes in a host of state and federal courts and domestic and international arbitrations. He has worked on a broad variety of complex litigation matters, including breach of contract, mass torts and business torts, bankruptcy, environmental and securities matters.
Mr. Nasab’s notable matters include:
Mr. Nasab played a key role in investigating and resolving PG&E civil liabilities arising from the Camp Fire, the deadliest and most destructive wildfire in California history.
Mr. Nasab led PG&E’s successful defense against a customer class action seeking $2.5 billion in damages for PG&E power shutoffs to prevent wildfires. The action was dismissed with prejudice, and he continued to represent PG&E on appeal before the Ninth Circuit and the California Supreme Court. Mr. Nasab ultimately secured a precedent-setting decision from the California Supreme Court shielding PG&E from liability. He was recognized as The Am Law Litigation Daily’s “Litigator of the Week” in connection with this victory. In January 2024, the Ninth Circuit adopted the ruling and affirmed the dismissal, ending the litigation.
Representing Xcel Energy, a major U.S. electricity and natural gas company with operations in eight states, as lead trial counsel in numerous lawsuits filed against Xcel arising from the December 2021 Marshall Wildfire. Mr. Nasab also represents Xcel and its subsidiary, Southwestern Public Service Company, in multiple actions concerning the February 2024 Texas Panhandle wildfires, which included the Smokehouse Creek Fire.
Representing Credit Suisse Asset Management on restructuring, litigation and other bankruptcy and insolvency‑related matters in an effort to recover approximately $850 million of funds invested in supply chain financing arrangements between multiple U.S. debtors and Greensill Capital (UK) Limited.
Representation of Forward Air Corporation in connection with an action filed by Omni Logistics, LLC in the Delaware Court of Chancery, which sought to compel Forward Air to close its proposed acquisition of Omni. On the day trial was scheduled to begin, the parties announced a settlement, agreeing to amend the merger agreement on terms favorable to Forward Air and dismiss their claims.
Representation of Epic Games in litigation against Apple, alleging anticompetitive behavior in the distribution of mobile apps and the handling of in‑app payments.
Representation of Blackstone’s global credit business in an adversary proceeding and chapter 15 case brought by the bankruptcy estate of Norske Skogindustrier seeking the avoidance of certain transactions, securing a favorable settlement shortly before a scheduled trial.
Representation of a global chemical company in an ICC arbitration hearing relating to energy contract disputes.
Representation of Minerals Technologies in an action brought by the bankruptcy estate of Novinda Corporation, alleging fraud, breach of fiduciary duty and breach of contract. Mr. Nasab secured a favorable decision in this matter following a three‑week arbitration.
Mr. Nasab has been repeatedly recognized by The Legal 500 US for his work in general commercial litigation. He was also consistently selected for inclusion in Benchmark Litigation’s “40 & Under List” and has been repeatedly named a “Future Star” by the publication. He has additionally been named to Lawdragon’s lists of “500 Leading Litigators in America,” “500 Leading Bankruptcy & Restructuring Lawyers” and “500 Leading Global Litigators.” Mr. Nasab was previously recognized as a Law360 “Rising Star” for Bankruptcy and also received Euromoney Legal Media Group’s Rising Star Award for “Best in Bankruptcy Litigation.”
Mr. Nasab received an A.B. from Duke University in 2002 and a J.D. from Columbia Law School in 2006, where he was a Harlan Fiske Stone Scholar and a recipient of the Whitney North Seymour Medal, awarded to the student who shows the greatest promise of becoming a distinguished trial advocate. After graduating, he served as a law clerk to Hon. Bruce W. Kauffman of the U.S. District Court for the Eastern District of Pennsylvania and to Hon. Deborah L. Cook of the U.S. Court of Appeals for the Sixth Circuit.
Mr. Nasab joined Cravath in 2008 and was elected a partner in 2014.
Mr. Nasab’s notable matters include:
Mr. Nasab played a key role in investigating and resolving PG&E civil liabilities arising from the Camp Fire, the deadliest and most destructive wildfire in California history.
Mr. Nasab led PG&E’s successful defense against a customer class action seeking $2.5 billion in damages for PG&E power shutoffs to prevent wildfires. The action was dismissed with prejudice, and he continued to represent PG&E on appeal before the Ninth Circuit and the California Supreme Court. Mr. Nasab ultimately secured a precedent-setting decision from the California Supreme Court shielding PG&E from liability. He was recognized as The Am Law Litigation Daily’s “Litigator of the Week” in connection with this victory. In January 2024, the Ninth Circuit adopted the ruling and affirmed the dismissal, ending the litigation.
Representing Xcel Energy, a major U.S. electricity and natural gas company with operations in eight states, as lead trial counsel in numerous lawsuits filed against Xcel arising from the December 2021 Marshall Wildfire. Mr. Nasab also represents Xcel and its subsidiary, Southwestern Public Service Company, in multiple actions concerning the February 2024 Texas Panhandle wildfires, which included the Smokehouse Creek Fire.
Representing Credit Suisse Asset Management on restructuring, litigation and other bankruptcy and insolvency‑related matters in an effort to recover approximately $850 million of funds invested in supply chain financing arrangements between multiple U.S. debtors and Greensill Capital (UK) Limited.
Representation of Forward Air Corporation in connection with an action filed by Omni Logistics, LLC in the Delaware Court of Chancery, which sought to compel Forward Air to close its proposed acquisition of Omni. On the day trial was scheduled to begin, the parties announced a settlement, agreeing to amend the merger agreement on terms favorable to Forward Air and dismiss their claims.
Representation of Epic Games in litigation against Apple, alleging anticompetitive behavior in the distribution of mobile apps and the handling of in‑app payments.
Representation of Blackstone’s global credit business in an adversary proceeding and chapter 15 case brought by the bankruptcy estate of Norske Skogindustrier seeking the avoidance of certain transactions, securing a favorable settlement shortly before a scheduled trial.
Representation of a global chemical company in an ICC arbitration hearing relating to energy contract disputes.
Representation of Minerals Technologies in an action brought by the bankruptcy estate of Novinda Corporation, alleging fraud, breach of fiduciary duty and breach of contract. Mr. Nasab secured a favorable decision in this matter following a three‑week arbitration.
Mr. Nasab has been repeatedly recognized by The Legal 500 US for his work in general commercial litigation. He was also consistently selected for inclusion in Benchmark Litigation’s “40 & Under List” and has been repeatedly named a “Future Star” by the publication. He has additionally been named to Lawdragon’s lists of “500 Leading Litigators in America,” “500 Leading Bankruptcy & Restructuring Lawyers” and “500 Leading Global Litigators.” Mr. Nasab was previously recognized as a Law360 “Rising Star” for Bankruptcy and also received Euromoney Legal Media Group’s Rising Star Award for “Best in Bankruptcy Litigation.”
Mr. Nasab received an A.B. from Duke University in 2002 and a J.D. from Columbia Law School in 2006, where he was a Harlan Fiske Stone Scholar and a recipient of the Whitney North Seymour Medal, awarded to the student who shows the greatest promise of becoming a distinguished trial advocate. After graduating, he served as a law clerk to Hon. Bruce W. Kauffman of the U.S. District Court for the Eastern District of Pennsylvania and to Hon. Deborah L. Cook of the U.S. Court of Appeals for the Sixth Circuit.
Mr. Nasab joined Cravath in 2008 and was elected a partner in 2014.
Benchmark Litigation
Law360
Lawdragon
The Legal 500 US
Americas Rising Star Awards - Best in Bankruptcy Litigation, Euromoney Legal Media Group (2018)
Deals & Cases
January 24, 2024
On January 22, 2024, Forward Air Corporation (“Forward”) announced an agreement with Omni Logistics, LLC (“Omni”), a private company that is majority owned by Ridgemont Equity Partners and EVE Partners, LLC, to amend the terms of the existing merger agreement relating to their previously announced acquisition. This agreement ends the litigation between the parties, which will now be dismissed. Under the terms of the amended merger agreement, Omni shareholders will receive $20 million in cash, instead of the $150 million initially agreed, and 35% of Forward’s pro forma common equity (on a fully‑diluted, as‑converted basis), as compared to the 37.7% of Forward’s pro forma common equity (on a fully‑diluted, as‑converted basis) contemplated by the original agreement. Cravath is representing Forward in connection with the transaction and related litigation.
Deals & Cases
November 27, 2023
On November 20, 2023, the California Supreme Court held that Cravath client PG&E, the country’s largest utility, cannot be sued for losses incurred by customers during public safety power shutoffs that complied with the guidelines set forth by its regulator, the California Public Utilities Commission (“PUC”). In a unanimous decision, the Court held that such claims are barred because their adjudication would interfere with the PUC’s comprehensive supervision and regulation of safety shutoffs.
Activities
June 18, 2024
On June 14, 2024, Cravath partners Michael A. Paskin, George E. Zobitz, Paul H. Zumbro, Jelena McWilliams, Lauren A. Moskowitz and Omid H. Nasab were named to Lawdragon’s list of “500 Leading Global Bankruptcy and Restructuring Lawyers” in recognition of their work advising clients on financial restructuring and reorganization and related litigation matters. The list recognizes the lawyers “who can make all the difference for a business, debtor or creditor and have done so time and time again.”
Activities
December 04, 2023
On November 29, 2023, The Am Law Litigation Daily featured Cravath partner Omid H. Nasab as “Litigator of the Week” for his representation of client PG&E, the country’s largest utility, in a victory at the California Supreme Court. In a unanimous decision, the Court held that PG&E cannot be sued for losses incurred by customers during public safety power shutoffs that complied with the guidelines set forth by its regulator, the California Public Utilities Commission. Cravath also served as lead counsel for PG&E in related proceedings before the United States Bankruptcy Court, the United States District Court and the Ninth Circuit Court of Appeals.
Activities
June 23, 2023
On June 16, 2023, Cravath partners George E. Zobitz, Paul H. Zumbro, Lauren A. Moskowitz and Omid H. Nasab were named to Lawdragon’s list of “500 Leading Bankruptcy and Restructuring Lawyers” in recognition of their work advising clients on financial restructuring and reorganization and related litigation matters. The list recognizes lawyers for their skills in financing, restructuring and litigating for or related to corporations in financial distress, ranging from “transactional lawyers whose ways with finance can transform a distressed company to financial litigators, both of the traditional bankruptcy court variety and, increasingly, those who challenge and defend financial restructuring moves that have become inherent to distressed deals.”
Omid H. Nasab is a trial lawyer who represents clients in high-stakes commercial disputes in a host of state and federal courts and domestic and international arbitrations. He has worked on a broad variety of complex litigation matters, including breach of contract, mass torts and business torts, bankruptcy, environmental and securities matters.
Mr. Nasab’s notable matters include:
Mr. Nasab played a key role in investigating and resolving PG&E civil liabilities arising from the Camp Fire, the deadliest and most destructive wildfire in California history.
Mr. Nasab led PG&E’s successful defense against a customer class action seeking $2.5 billion in damages for PG&E power shutoffs to prevent wildfires. The action was dismissed with prejudice, and he continued to represent PG&E on appeal before the Ninth Circuit and the California Supreme Court. Mr. Nasab ultimately secured a precedent-setting decision from the California Supreme Court shielding PG&E from liability. He was recognized as The Am Law Litigation Daily’s “Litigator of the Week” in connection with this victory. In January 2024, the Ninth Circuit adopted the ruling and affirmed the dismissal, ending the litigation.
Representing Xcel Energy, a major U.S. electricity and natural gas company with operations in eight states, as lead trial counsel in numerous lawsuits filed against Xcel arising from the December 2021 Marshall Wildfire. Mr. Nasab also represents Xcel and its subsidiary, Southwestern Public Service Company, in multiple actions concerning the February 2024 Texas Panhandle wildfires, which included the Smokehouse Creek Fire.
Representing Credit Suisse Asset Management on restructuring, litigation and other bankruptcy and insolvency‑related matters in an effort to recover approximately $850 million of funds invested in supply chain financing arrangements between multiple U.S. debtors and Greensill Capital (UK) Limited.
Representation of Forward Air Corporation in connection with an action filed by Omni Logistics, LLC in the Delaware Court of Chancery, which sought to compel Forward Air to close its proposed acquisition of Omni. On the day trial was scheduled to begin, the parties announced a settlement, agreeing to amend the merger agreement on terms favorable to Forward Air and dismiss their claims.
Representation of Epic Games in litigation against Apple, alleging anticompetitive behavior in the distribution of mobile apps and the handling of in‑app payments.
Representation of Blackstone’s global credit business in an adversary proceeding and chapter 15 case brought by the bankruptcy estate of Norske Skogindustrier seeking the avoidance of certain transactions, securing a favorable settlement shortly before a scheduled trial.
Representation of a global chemical company in an ICC arbitration hearing relating to energy contract disputes.
Representation of Minerals Technologies in an action brought by the bankruptcy estate of Novinda Corporation, alleging fraud, breach of fiduciary duty and breach of contract. Mr. Nasab secured a favorable decision in this matter following a three‑week arbitration.
Mr. Nasab has been repeatedly recognized by The Legal 500 US for his work in general commercial litigation. He was also consistently selected for inclusion in Benchmark Litigation’s “40 & Under List” and has been repeatedly named a “Future Star” by the publication. He has additionally been named to Lawdragon’s lists of “500 Leading Litigators in America,” “500 Leading Bankruptcy & Restructuring Lawyers” and “500 Leading Global Litigators.” Mr. Nasab was previously recognized as a Law360 “Rising Star” for Bankruptcy and also received Euromoney Legal Media Group’s Rising Star Award for “Best in Bankruptcy Litigation.”
Mr. Nasab received an A.B. from Duke University in 2002 and a J.D. from Columbia Law School in 2006, where he was a Harlan Fiske Stone Scholar and a recipient of the Whitney North Seymour Medal, awarded to the student who shows the greatest promise of becoming a distinguished trial advocate. After graduating, he served as a law clerk to Hon. Bruce W. Kauffman of the U.S. District Court for the Eastern District of Pennsylvania and to Hon. Deborah L. Cook of the U.S. Court of Appeals for the Sixth Circuit.
Mr. Nasab joined Cravath in 2008 and was elected a partner in 2014.
Mr. Nasab’s notable matters include:
Mr. Nasab played a key role in investigating and resolving PG&E civil liabilities arising from the Camp Fire, the deadliest and most destructive wildfire in California history.
Mr. Nasab led PG&E’s successful defense against a customer class action seeking $2.5 billion in damages for PG&E power shutoffs to prevent wildfires. The action was dismissed with prejudice, and he continued to represent PG&E on appeal before the Ninth Circuit and the California Supreme Court. Mr. Nasab ultimately secured a precedent-setting decision from the California Supreme Court shielding PG&E from liability. He was recognized as The Am Law Litigation Daily’s “Litigator of the Week” in connection with this victory. In January 2024, the Ninth Circuit adopted the ruling and affirmed the dismissal, ending the litigation.
Representing Xcel Energy, a major U.S. electricity and natural gas company with operations in eight states, as lead trial counsel in numerous lawsuits filed against Xcel arising from the December 2021 Marshall Wildfire. Mr. Nasab also represents Xcel and its subsidiary, Southwestern Public Service Company, in multiple actions concerning the February 2024 Texas Panhandle wildfires, which included the Smokehouse Creek Fire.
Representing Credit Suisse Asset Management on restructuring, litigation and other bankruptcy and insolvency‑related matters in an effort to recover approximately $850 million of funds invested in supply chain financing arrangements between multiple U.S. debtors and Greensill Capital (UK) Limited.
Representation of Forward Air Corporation in connection with an action filed by Omni Logistics, LLC in the Delaware Court of Chancery, which sought to compel Forward Air to close its proposed acquisition of Omni. On the day trial was scheduled to begin, the parties announced a settlement, agreeing to amend the merger agreement on terms favorable to Forward Air and dismiss their claims.
Representation of Epic Games in litigation against Apple, alleging anticompetitive behavior in the distribution of mobile apps and the handling of in‑app payments.
Representation of Blackstone’s global credit business in an adversary proceeding and chapter 15 case brought by the bankruptcy estate of Norske Skogindustrier seeking the avoidance of certain transactions, securing a favorable settlement shortly before a scheduled trial.
Representation of a global chemical company in an ICC arbitration hearing relating to energy contract disputes.
Representation of Minerals Technologies in an action brought by the bankruptcy estate of Novinda Corporation, alleging fraud, breach of fiduciary duty and breach of contract. Mr. Nasab secured a favorable decision in this matter following a three‑week arbitration.
Mr. Nasab has been repeatedly recognized by The Legal 500 US for his work in general commercial litigation. He was also consistently selected for inclusion in Benchmark Litigation’s “40 & Under List” and has been repeatedly named a “Future Star” by the publication. He has additionally been named to Lawdragon’s lists of “500 Leading Litigators in America,” “500 Leading Bankruptcy & Restructuring Lawyers” and “500 Leading Global Litigators.” Mr. Nasab was previously recognized as a Law360 “Rising Star” for Bankruptcy and also received Euromoney Legal Media Group’s Rising Star Award for “Best in Bankruptcy Litigation.”
Mr. Nasab received an A.B. from Duke University in 2002 and a J.D. from Columbia Law School in 2006, where he was a Harlan Fiske Stone Scholar and a recipient of the Whitney North Seymour Medal, awarded to the student who shows the greatest promise of becoming a distinguished trial advocate. After graduating, he served as a law clerk to Hon. Bruce W. Kauffman of the U.S. District Court for the Eastern District of Pennsylvania and to Hon. Deborah L. Cook of the U.S. Court of Appeals for the Sixth Circuit.
Mr. Nasab joined Cravath in 2008 and was elected a partner in 2014.
Benchmark Litigation
Law360
Lawdragon
The Legal 500 US
Americas Rising Star Awards - Best in Bankruptcy Litigation, Euromoney Legal Media Group (2018)
Deals & Cases
January 24, 2024
On January 22, 2024, Forward Air Corporation (“Forward”) announced an agreement with Omni Logistics, LLC (“Omni”), a private company that is majority owned by Ridgemont Equity Partners and EVE Partners, LLC, to amend the terms of the existing merger agreement relating to their previously announced acquisition. This agreement ends the litigation between the parties, which will now be dismissed. Under the terms of the amended merger agreement, Omni shareholders will receive $20 million in cash, instead of the $150 million initially agreed, and 35% of Forward’s pro forma common equity (on a fully‑diluted, as‑converted basis), as compared to the 37.7% of Forward’s pro forma common equity (on a fully‑diluted, as‑converted basis) contemplated by the original agreement. Cravath is representing Forward in connection with the transaction and related litigation.
Deals & Cases
November 27, 2023
On November 20, 2023, the California Supreme Court held that Cravath client PG&E, the country’s largest utility, cannot be sued for losses incurred by customers during public safety power shutoffs that complied with the guidelines set forth by its regulator, the California Public Utilities Commission (“PUC”). In a unanimous decision, the Court held that such claims are barred because their adjudication would interfere with the PUC’s comprehensive supervision and regulation of safety shutoffs.
Activities
June 18, 2024
On June 14, 2024, Cravath partners Michael A. Paskin, George E. Zobitz, Paul H. Zumbro, Jelena McWilliams, Lauren A. Moskowitz and Omid H. Nasab were named to Lawdragon’s list of “500 Leading Global Bankruptcy and Restructuring Lawyers” in recognition of their work advising clients on financial restructuring and reorganization and related litigation matters. The list recognizes the lawyers “who can make all the difference for a business, debtor or creditor and have done so time and time again.”
Activities
December 04, 2023
On November 29, 2023, The Am Law Litigation Daily featured Cravath partner Omid H. Nasab as “Litigator of the Week” for his representation of client PG&E, the country’s largest utility, in a victory at the California Supreme Court. In a unanimous decision, the Court held that PG&E cannot be sued for losses incurred by customers during public safety power shutoffs that complied with the guidelines set forth by its regulator, the California Public Utilities Commission. Cravath also served as lead counsel for PG&E in related proceedings before the United States Bankruptcy Court, the United States District Court and the Ninth Circuit Court of Appeals.
Activities
June 23, 2023
On June 16, 2023, Cravath partners George E. Zobitz, Paul H. Zumbro, Lauren A. Moskowitz and Omid H. Nasab were named to Lawdragon’s list of “500 Leading Bankruptcy and Restructuring Lawyers” in recognition of their work advising clients on financial restructuring and reorganization and related litigation matters. The list recognizes lawyers for their skills in financing, restructuring and litigating for or related to corporations in financial distress, ranging from “transactional lawyers whose ways with finance can transform a distressed company to financial litigators, both of the traditional bankruptcy court variety and, increasingly, those who challenge and defend financial restructuring moves that have become inherent to distressed deals.”
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