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Cravath, Swaine & Moore LLP

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

D Scott Bennett

Tel:
Work +1 (212) 474-1132
Email:
Web:
www.cravath.com/sbennett/
Cravath, Swaine & Moore LLP

Work Department

Corporate

Position

Scott Bennett is a partner in Cravath’s Corporate Department. His practice primarily 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. Bennett advises clients across a broad range of industries, such as consumer products, oil and gas, financial services, healthcare, industrials and chemicals, media and entertainment, technology, telecommunications, shipping, transportation and blockchain and financial technology (FinTech).


United States: Finance

Capital markets: equity offerings

Within: Next Generation Partners

Scott Bennett - Cravath, Swaine & Moore LLP

Within: Capital markets: equity offerings

Widely recognized as ‘a heavyweight underwriters’ counsel’, Cravath, Swaine & Moore LLP also has a robust issuer-side practice that is particularly prominent in cross-border offerings. The New York-based group is best known for its deep bench, which is especially impressive at senior level, and its close relationships with all the major investment banks. North America capital markets head Andrew Pitts, ‘a simply great attorney’, enjoys a strong profile in the market and recently teamed up with financing practice co-head William Fogg to advise the underwriters (led by Morgan Stanley and JP Morgan) on Baker Hughes’ $2.1bn secondary offering. Pitts also advised the initial purchasers on VICI Properties’ $1bn private placement. Craig Arcella, who co-leads the financing group, advised Morgan Stanley as the underwriter on a $1.1bn common stock offering by State Street. Among its issuer highlights, financing co-head Stephen Burns, together with Johnny Skumpija, assisted Crown Castle International with its $831m common stock offering. Other key contacts include Scott Bennett (‘a really great lawyer’) and William Whelan.

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Capital markets: global offerings

Within: Next Generation Partners

Scott Bennett - Cravath, Swaine & Moore LLP

Within: Capital markets: global offerings

‘A global leader in capital markets’, Cravath, Swaine & Moore LLP is highlighted for its ‘great reputation with the major investment banks’, and is also considered ‘a fantastic issuer-side firm’. The group, which practices US law exclusively from its two offices in New York and London, routinely leads offerings across Europe, Latin America and other markets and is active in both debt and equity offerings. Andrew Pitts (‘a simply great attorney’) heads up the North America capital markets team and his broad expertise encompasses the financial services, natural resources and transportation sectors. Among Pitts’ recent deals, he advised Shell International Finance on its $3bn notes offering, and also advised the underwriters on Allergan Funding’s €1.7bn notes offering. Craig Arcella, who co-heads the financing practice, is another seasoned expert; he recently advised the underwriters on a $2bn notes offering by the State of Israel, which were listed on the Bourse de Luxembourg. The firm has also recently undertaken work for AerCap, Costamare and NestlĂ©. Other key contacts include William Fogg, who co-heads the financing practice, and ‘excellent’ up-and-coming partner Scott Bennett.

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United States: Media, technology and telecoms

Fintech

Within: Fintech

The New York-based blockchain and financial technology team at Cravath, Swaine & Moore LLP fields a multidisciplinary team leveraging corporate, M&A, capital markets, financing, tax, intellectual property and litigation expertise. The group frequently acts for IBM in connection with investments into financial technology companies and advised the client on the formation of TradeLens, a blockchain-enabled shipping solution which was jointly developed by Maersk and IBM. Other recent work ranges from acting for financial technology solutions company DH Corporation on its C$4.8bn sale to Vista Equity Partner and representing American Express (AmEx) in litigation relating to allegations that AmEx and numerous other issuers of credit and charge cards conspired to shift certain costs of fraudulent charges from the card issuers to merchants. Other clients include FactSet and JPMorgan; the group is assisting the former with the $265m acquisition of automated trading solutions developer Portware and acted for the latter in connection with the arrangement of credit facilities totaling $7.55bn made available to Automatic Data Processing. Intellectual property expert David Kappos has particular experience advising on blockchain issues. Corporate partners Scott Bennett and Michael Mariani are other key names to note.

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