The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Cravath, Swaine & Moore LLP

WORLDWIDE PLAZA, 825 EIGHTH AVENUE, NEW YORK, NY 10019-7475, USA
Tel:
Work +1 212 474 1000
Fax:
Fax +1 212 474 3700
Email:
Web:
www.cravath.com
London, New York

William Fogg

Tel:
Work +1 (212) 474-1131
Email:
Cravath, Swaine & Moore LLP

Work Department

Corporate.

Position

William V. Fogg is a partner in Cravath’s Corporate Department and serves as Co‑Head of the Firm’s Financing Practice. His practice focuses on representing issuers and investment banking firms in connection with a wide variety of public and private securities offerings, including high‑yield and investment grade debt offerings, IPOs and other equity and equity‑linked offerings. Mr. Fogg also advises companies on corporate governance and general corporate and disclosure matters.

Mr. Fogg’s corporate clients have included UAL, Jones Group, Evolent Health, Mylan, Burlington Northern, Home Depot, Cincinnati Bell, CyrusOne, Alliant Energy, Wisconsin Power and Light Company and Pepsi Bottling.

Mr. Fogg is designated underwriters’ counsel for a number of companies, including JPMorgan Chase & Co. (approximately 85 offerings since the beginning of 2008), United Rentals, DuPont, The Mosaic Company, Freeport‑McMoRan Copper & Gold and Graftech.

Career

Mr. Fogg joined Cravath in 1991, became a partner in 1999 and served as the Corporate Hiring Partner from 2007 to 2010, the Managing Partner, Corporate from 2012 to 2014 and the Head of Cravath’s Corporate Department from 2014 to September 2016.

Mr. Fogg has been repeatedly cited as one of the country’s leading capital markets practitioners by, among others, Chambers USA: America’s Leading Lawyers for Business from 2008 through 2016; Chambers Global: The World’s Leading Lawyers for Business from 2009 through 2017; The Legal 500 from 2011 through 2016; IFLR1000 from 2008 through 2017; The Best Lawyers in America from 2007 through 2017; and Super Lawyers from 2012 through 2016. He was named to Lawdragon’s list of the “500 Leading Lawyers in America” in 2008, 2016 and 2017.

Member

Mr. Fogg serves on the Board of Trustees and the Executive Committee of The Williston Northampton School, as well as the Board of Directors and the Executive Committee of The First Tee of Metropolitan New York.

Education

Mr. Fogg was born in New York, New York. He received an A.B. magna cum laude from Brown University in 1988 and a J.D. from Columbia Law School in 1991, where he was a Harlan Fiske Stone Scholar and a Managing Editor of the Journal of Law and Social Problems.


United States: Finance

Capital markets: debt offerings

Within: Capital markets: debt offerings

At the top of the market for securities offerings’, Cravath, Swaine & Moore LLP is widely lauded for its ‘deep and well-qualified bench, from associate to senior partner level’. The New York-based practice continues to garner big-ticket mandates from both issuers and underwriters, and its diverse experience ensures it is regularly called upon by clients across all industry sectors. Craig Arcella is ‘undoubtedly a market leader’ and has been at the helm of a raft of headline deals recently, including advising the underwriters in Shire Acquisitions Investments Ireland’s $12.1bn senior debt offering, which was used to help fund Shire’s acquisition of Baxalta. William Whelan, another high-profile name, assisted the underwriters with two senior debt offerings by Express Scripts Holding worth a combined $6bn. Andrew Pitts also advised on several trophy deals, including acting for Royal Dutch Shell in two registered debt offerings totaling $12bn. Stephen Burns, William Fogg and up-and-coming partner Johnny Skumpija are also recommended. Kris Heinzelman retired in 2016.

[back to top]

Capital markets: equity offerings

Within: Leading lawyers

William Fogg - Cravath, Swaine & Moore LLP

Within: Capital markets: equity offerings

The ‘first-class’ group at Cravath, Swaine & Moore LLP is widely lauded as ‘one of the best firms for underwriters’, but the New York-based team is also noted for advising issuers and continues to build on its company-side presence. Finance co-chair William Fogg is an ‘immensely talented lawyer’ and highly sought after by underwriters; he and Johnny Skumpija acted for the sales agents both in Freeport-McMoRan’s $1.5bn at-the-market offering, and in its $540m secondary at-the-market offering. North America capital markets head Andrew Pitts had a banner year and led on a slew of issuer and underwriter-side mandates, including advising Valvoline on its $759m IPO. Up-and-coming partner Scott Bennett also put in a strong performance; he acted with Pitts to advise the underwriters, led by Barclays, on Phillips 66 Partners’ $663m offering. Stephen Burns, LizabethAnn Eisen and William Whelan are also recommended. Kris Heinzelman retired in 2016.

[back to top]

Capital markets: global offerings

Within: Capital markets: global offerings

Andrew Pitts heads the New York-based team at Cravath, Swaine & Moore LLP, which is almost evenly split between global debt and equity work. In 2016, the firm handled several capital markets deals linked to corporate spin-offs, such as its advice to Ashland and its spin-off company Valvoline, on a $375m high-yield global bond offering done through a special subsidiary, Valvoline Finco Two, which will eventually merge with Valvoline. Other significant highlights on the issuer side include advising Shell International Finance on two debt offerings totaling $12bn, and acting for Mylan in two debt offerings worth $7.5bn to help finance the acquisition of Meda. On the underwriter side, the firm advised Morgan Stanley, JP Morgan, Citigroup and Credit Suisse, on a $1.25bn high-yield offering by Alcoa. William Rogers retired, but the firm has a strong team of next generation partners, such as the recently promoted D. Scott Bennett. William Fogg is another name to note.

[back to top]

Capital markets: high-yield debt offerings

Within: Capital markets: high-yield debt offerings

Among the best in the market’, the lawyers at Cravath, Swaine & Moore LLPwork seamlessly as part of the in-house team’ and have ‘very strong commercial acumen’. The firm’s eminent reputation is evidenced by a deal list that is well weighted in terms of volume between major issuer and manager-side mandates, however, the group’s work for underwriters remains particularly high profile. Among the firm’s recent work highlights, William Fogg and Johnny Skumpija advised the underwriters on two high-yield senior debt offerings by United Rentals totaling $1.5bn, while William Whelan and Craig Arcella assisted the initial purchasers with a series of offerings by Axalta Coating Systems, including a $500m offering and a €335m offering. Joseph Zavaglia also had a strong year, which included advising the initial purchasers on two high-yield debt offerings by Reynolds Group Issuer worth a combined $3.1bn.

[back to top]


Back to index

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to