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Philip J Boeckman is a partner in Cravath’s corporate department and managing partner of the firm’s London office. He has been based in the firm’s London office since 2000, when he relocated to London from the New York office. Mr Boeckman’s general corporate practice covers capital markets, including IPOs, rights issuances and other equity offerings, US listings and high yield bridge, bond and other leveraged financings, as well as mergers and acquisitions. He has represented several of Cravath’s European clients, including AXA, Bacardi, BAT, the European Investment Bank, KPN, Saipem, TNT and Unilever, and several Indian and South African companies. He has also represented numerous investment banks and, as designated underwriters’ counsel, Prudential plc and the Republic of Poland, and several private equity firms, including Lion Capital, Permira and Terra Firma. For more information: http://www.cravath.com/pboeckman.
Cravath 1991; partner 1999. Publications: co-editor ‘European Securities Law’; member, editorial board ‘Capital Markets Law Journal’; vice-chair, board of directors of the AFME high-yield division.
Advisory committee, Practising Law Institute’s Annual Institute on Securities Regulation in Europe; American Bar Association; co-chair of the European High Yield Bond Association’s Committee on Intercreditor Principles and Structuring; co-chair of the International Bar Association’s securities law committee 2007 to 2009.
University of Missouri (1991 JD, magna cum laude); Westminster College (1988 BA, cum laude).
London: Corporate and commercial
Equity capital markets
Within: Equity capital markets
Cravath, Swaine & Moore LLP is noted for its ‘excellent advice on US securities law issues affecting European equity capital markets transactions’. Philip Boeckman’s recent work includes advising Deutsche Pfandbriefbank on its €1.16bn IPO on The Frankfurt Stock Exchange, and acting for HDFC Bank on its $1.27bn offering of American depositary shares (ADRs). On the underwriter side, Alan Grinceri assisted a number of bulge-bracket banks with Actavis’s $5.1bn offering of convertible shares on the NYSE. David Mercado and George Stephanakis are also recommended.
M&A: upper mid-market and premium deals, £250m+
Within: M&A: upper mid-market and premium deals, £250m+
Cravath, Swaine & Moore LLP specialises in US-law transactions. Philip Boeckman, who ‘makes even the most fiddly transactions seem like child’s play’, and the ‘extremely responsive’ David Mercado are key figures along with the ‘outstanding’ George Stephanakis, who ‘knows the US rules inside-out’. Boeckman acted for Gala Coral Group on its $3bn merger with Ladbrokes and assisted Spirit Pub Company during its £1.4bn acquisition by Greene King.
Debt capital markets
Within: Debt capital markets
Cravath, Swaine & Moore LLP has a strong Yankee bonds practice that acts for both corporate issuers and underwriters. Philip Boeckman’s highlights included advising European Investment Bank on ten registered debt offerings totalling $34.5bn. David Mercado acted for the underwriters on three takedowns totalling $5.81bn from Credit Suisse’s MTN programme.
Within: Leading individuals
Philip Boeckman - Cravath, Swaine & Moore LLP
Within: High yield
Key figures at Cravath, Swaine & Moore LLP include ‘class act’ Philip Boeckman, George Stephanakis, Alyssa Caples and Joel Herold (who ‘understands both the market and its participants’). Caples advised Ineos Finance on a €770m Rule 144a issuance. Boeckman’s clients include AA Group.