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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

Johnny Skumpija

Tel:
Work +1 (212) 474-1824
Email:
Cravath, Swaine & Moore LLP

Work Department

Corporate.

Position

Johnny G. Skumpija is a partner in Cravath’s Corporate Department and serves as Co-Chair of the Firm’s Business Development Group. His practice focuses on representing issuers and investment banking firms in connection with public and private offerings of securities, as well as representing corporate clients in mergers and acquisitions.

Mr. Skumpija’s clients have included: BofA Merrill Lynch, Credit Suisse, Crown Castle, Goldman Sachs, IBM, Johnson & Johnson, J.P. Morgan Securities, Lazard, Mylan, Northrop Grumman, Time Warner, Wells Fargo and Xerox.

Career

Mr. Skumpija joined Cravath in 2005 and became a partner in 2013.

Mr. Skumpija has been repeatedly recognized for his work in the capital markets arena by The Legal 500 from 2013 through 2016 and IFLR1000 from 2014 through 2017. He was also recognized by The Legal 500 for his transactional work in the telecoms and broadcast industry in 2014. Mr. Skumpija’s work on behalf of Crown Castle and on the financing for RJS Power Holdings were featured by the Financial Times in its annual FT North America Innovative Lawyers 2014 report. In 2016, he was named a “Rising Star” by Law360, recognizing him as one of five outstanding capital markets lawyers in the nation under the age of 40.

Education

Mr. Skumpija received a B.A. magna cum laude from New York University in 2002 and a J.D. from the University of Pennsylvania in 2005, where he was the Editor‑in‑Chief of the Journal of International Economic Law and elected to the Order of the Coif.


United States: Finance

Capital markets: debt offerings

Within: Next generation lawyers

Johnny Skumpija - Cravath, Swaine & Moore LLP

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.

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Capital markets: equity offerings

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.

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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.

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United States: Media, technology and telecoms

Telecoms and broadcast: transactional

Within: Telecoms and broadcast: transactional

At Cravath, Swaine & Moore LLP, the well-regarded Robert Townsend leads the practice, which focuses on advising telecoms companies such as Rogers Communications and Crown Castle on M&A, restructurings, high-profile financing transactions, tax and IP issues. Eric Schiele and Faiza Saeed are advising Time Warner on its acquisition by AT&T; they are also assisting Yahoo! with Verizon’s $4.8bn acquisition of its operating business. Stephen Burns, Damien Zoubek and Johnny Skumpija are key names to note; Skumpija advised Cox Communications on a $1bn debt offering. All attorneys mentioned are based in New York.

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