Omid H.
Nasab

Mr. Nasab’s notable matters include:

• Representing PG&E in mass tort litigation and bankruptcy litigation, as well as investigatory matters arising out of the unprecedented California wildfires between 2017 and 2021.  

  • 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 Costamare Shipping and related entities in connection with litigation filed in California federal court, including a consolidated putative class action, alleging various theories of liability concerning the October 2021 San Pedro Bay pipeline leak off the coast of California, ultimately securing a series of settlements to resolve the actions.

• 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.

• Representation of Precision Castparts Corporation and its Board of Directors in purported shareholder class action litigation in Oregon state court challenging Precision’s $37 billion acquisition by Berkshire Hathaway.
• Representation of Brightwood Capital Advisors and its appointed representative on the V Global Holdings LLC (“Vertellus”) board of managers as defendants in direct and derivative litigation asserting claims for breaches of fiduciary duty and tortious interference with contract for alleged self‑dealing by certain Vertellus managers and related creditors.
• Representation of Credit Suisse in the Lehman bankruptcy related to the early termination of derivative trades. Credit Suisse obtained a settlement providing it with allowed claims of $385 million for derivative claims and $363 million for guarantee claims.
• Representation of Allied World Assurance Company, Ltd. in an adversary proceeding brought in New York bankruptcy court by successors to the estate of MF Global Holdings, Ltd. to recover on excess insurance policies. Cravath was retained to represent Allied World as lead counsel in the bankruptcy court and on appeal following certain rulings against Allied World. Following Cravath’s retention, Allied World secured an order compelling arbitration of the dispute in Bermuda.

• Representation of Credit Suisse as lender and administrative agent of the revolving credit facility provided to UCI International LLC and certain affiliates in connection with financing and litigation relating to the chapter 11 bankruptcy of UCI. The credit facility was repaid in full upon plan confirmation.

• Representation of NCR in Superfund environmental litigation relating to the remediation of Wisconsin’s Fox River, the single largest sediment cleanup project to date in the United States, and Michigan’s Kalamazoo River, including three actions that went to trial.

• Representation of Cameron International Corporation and its directors in a consolidated putative shareholder class action in the Delaware Court of Chancery relating to Cameron’s $14.8 billion acquisition by Schlumberger Limited. Plaintiffs voluntarily dismissed the suit.

• Representation of IBM Corporation in lawsuits filed in the Delaware Court of Chancery and Illinois state court related to IBM’s $1 billion acquisition of Merge Healthcare. After successfully opposing a preliminary injunction motion in the Illinois court, the transaction closed. The Delaware court subsequently granted a motion to dismiss the action.

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.