Firm Profile > Cahill Gordon & Reindel LLP > New York, United States

Cahill Gordon & Reindel LLP
80 PINE STREET
NEW YORK, NY 10005
United States

Dispute resolution > Securities litigation: defense Tier 1

Cahill Gordon & Reindel LLP has a strong bench of talent in New York and is regarded as one of the leading firms for the representation of underwriters in securities litigation. It has, for example, succeeded in numerous cases for Credit Suisse in cases relating to alleged manipulation of financial benchmarks, and alleged price-fixing in the bond market. It is also active in what remains of the litigation arising from the sale of morgage-backed securities before the global financial crisis. The firm's deep bank relationships see it act mainly for financial institutions, and its practice includes former traders and research analysts who have first-hand experience in the industry. Herbert Washer leads the practice which, though smaller than some of its New York rivals, is strongly focused on securities litigation as a core part of its litigation capability. Up-and-coming partners Jason Hall and Sheila Ramesh are recommended, as is David Januszewski, who is ‘an extremely good lawyer, much more visible than some others in the market’. Bradley Bondi in Washington DC is highly recommended for SEC enforcement matters.

Practice head(s):

Herbert Washer

Testimonials

The firm has a small securities litigation group but it is very good.

David Januszewski is an extremely good lawyer, much more visible than some others in this field and he has had some very good wins.

Key clients

Credit Suisse

S&P Global Inc.

Deutsche Bank

Global Power Equipment

Directors of Patriot National, Inc. and CFO Thomas Shields

Finance > Capital markets: high-yield Tier 1

Widely recognized by peers and clients alike as a ‘leader for high-yield debt offerings’, the consensus is that Cahill Gordon & Reindel LLP’s ‘market position is indisputable’. The firm’s keen focus on underwriter-side mandates pays dividends and it is routinely sought out by the most prominent banking institutions globally, including BofA Securities, Credit Suisse, Deutsche Bank and JP Morgan Securities. The practice has been a firm fixture at the top of the high-yield deal tables for well over a decade, with its annual market share (by both deal value and deal count) totaling more than the next three most active groups in the US combined during 2019. The New York-based group’s deep bench is co-led by Jonathan Schaffzin, who combines strong skill sets in capital markets, M&A, life sciences and regulatory matters. Department co-head Daniel Zubkoff consistently represents domestic and international banks in high-yield and investment grade debt offerings. Seasoned specialist James Clark, firm chair William Hartnett and the very prolific Douglas Horowitz are also key contacts. Impressive up-and-coming partners include Marc Lashbrook and Joshua Zelig.

Practice head(s):

Jonathan Schaffzin; Daniel Zubkoff

Other key lawyers:

Testimonials

Cahill wins the lion’s share of advisory work for managers in the high-yield space.’

Cahill’s volume and market position are indisputable.’

The team is totally geared towards high-yield debt work, nobody else comes close for underwriter-side deals.

The market leader for high-yield debt offerings.’

Key clients

Citigroup Global Markets Inc.

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc.

Jefferies Group

J.P. Morgan Securities

Merrill Lynch, Pierce, Fenner & Smith Incorporated

Morgan Stanley

Wells Fargo Securities

Finance > Commercial lending Tier 1

Cahill Gordon & Reindel LLP is by a wide margin the busiest law firm when it comes to lender-led advice. According to Thomson Reuters, in the first three quarters of 2019, the team advised on 127 leveraged loans with an aggregate value of over $129bn. The firm is often designated lender's counsel of choice for private equity-led leveraged buyouts, and there are few other practices in the market that can match it in terms of scale and experience. Practice heads Jonathan Schaffzin and Daniel Zubkoff lead the New York-based team and both have very busy workloads, and in partners such as Douglas Horowitz and James Clark the firm boasts two of the most seasoned banking lawyers in the market. Other key individuals include William Miller, who is regularly involved in major debt offerings, Corey Wright, who is noted for his expertise in debt exchanges and out-of-court debt restructurings, and Marc Lashbrook, who regularly handles major acquisition financings and high-yield debt. Jennifer Ezring also has a high profile for leveraged finance and asset-based lending.

Practice head(s):

Jonathan Schaffzin; Daniel Zubkoff

Testimonials

‘Best law firm for practical advice and business acumen. They have the most deal reps so therefore know the market best. Experienced partners are adept at finding solutions to issues, and hence keeping costs down by not spinning wheels on immaterial points’

‘William Miller is an incredible lawyer who is deserving of recommendation’

‘Cahill also has a deep bench of associates who have tremendous experience’

Key clients

BofA Securities

Citi

Credit Suisse

JP Morgan

Morgan Stanley

Broadridge Financial Solutions

SunTrust Bank

Wells Fargo Securities

M&A/corporate and commercial > M&A: middle-market (sub-$500m) Tier 1

Cahill Gordon & Reindel LLP acts for buyers, sellers and investors in mid-market M&A and other strategic transactions. Among the firm's clients are public and private companies, private equity firms and family offices. Head of team Kimberly Petillo-Décossard has vast experience in M&A, as well as financing transactions and governance, disclosure and compliance matters; she has also shown her strength in deals executed through SPACs. Recently promoted partner Ross Sturman has broad-base expertise in M&A and public and private financing transactions, acting both for companies and financial institutions. John Schuster is another name to note for M&A, as well as bank financing and securities work. Also recommended are firm chairman William Hartnett, noted for his experience of the media, pharmaceuticals, telecoms, technology and gaming industries; and Joseph Rosati an up-and-coming associate in the practice group. All named attorneys are based in New York.

Practice head(s):

Kimberly Petillo-Décossard

Testimonials

‘This firm takes client service to a whole new level – no detail is ignored’.               

‘Bill Hartnett, Kim Petillo and Ross Sturman exemplify what it means to be in the client service business’. 

‘Cahill provides a personal touch that I don’t receive at other law firms’. 

‘They take an interest in the business goals of a transaction and vigorously focus on collaborating with a client to achieve those goals’.     

‘Kimberly C. Petillo-Décossard is terrific, she is a practical leader focused on executing transactions for her clients’.

Key clients

S&P

Embedded Healthcare

BrandED

Envigo International Holdings, Inc.

1-800-FLOWERS

ICON plc

Trans World Entertainment Corporation

Epta America, LLC

Founder of Mondo International

Finance > Capital markets: debt offerings Tier 2

Best known for its reputation for high-yield debt work, Cahill Gordon & Reindel LLP’s New York-based group continues to raise its profile in the investment grade space. During 2019, its market share of US investment grade bond deals positioned it among the top eight firms advising managers — by both deal volume and deal count. The underwriter-side specialist consistently acts for all the leading investment banks on debt offerings by household name companies. It also handles debt tender offers, debt exchanges and out-of-court debt restructurings. Jonathan Schaffzin co-heads the group and focuses on capital markets and commercial lending. Department co-lead Daniel Zubkoff also handles a varied mix of capital markets and lending transactions. William Miller is another key name and recently secured leading roles in deals for Citigroup Global Markets and J.P. Morgan Securities, among others. Additional contacts include James Clark, Douglas Horowitz, John Tripodoro, Corey Wright and senior figure William Hartnett.

Practice head(s):

Jonathan Schaffzin; Daniel Zubkoff

Key clients

BofA Securities, Inc.

Citigroup Global Markets Inc.

Deutsche Bank AG

J.P. Morgan Securities LLC

Wells Fargo Securities, LLC

Bancorp Investments, Inc.

SMBC Nikko Securities America, Inc.

Industry focus > Insurance: advice to insurers Tier 2

The practice at Cahill Gordon & Reindel LLP focuses on coverage litigation, with recent cases relating to fidelity bond claims, sexual abuse claims, and malpractice insurance disputes. The team also has extensive experience in commercial, antitrust, and securities litigation. New York-based Thorn Rosenthal, who heads the practice, represented Swiss Re in the Bankruptcy Court for the Southern District of New York with respect to claims by subprime borrowers arising from loans securitized by ResCap. Joel Kurtzberg, also in New York, recently advised several AIG companies on coverage for sexual abuse claims at USC.

Practice head(s):

Thorn Rosenthal

Other key lawyers:

Key clients

Starr Indemnity & Liability

Swiss Re

AIG

Arch

Centre/Zurich

Dispute resolution > Corporate investigations and white-collar criminal defense

The 'absolutely top-notch' team at Cahill Gordon & Reindel LLP is noted by clients for being 'particularly strong dealing with the SEC', a fact borne out by a stellar client list of financial institutions and hedge funds, in addition to multinational corporations. The group stands out for its track record in multi-jurisdictional investigations involving multiple enforcement authorities, in cases arising from AML, FCPA violations and other forms of corruption. Anirudh Bansal is a leader in the white-collar defense and investigations group, which sits within the wider litigation department, and is led by Herbert Washer, who takes the lead in several cases for financial institutions. For individuals, Nola Heller is the go-to name, with wide-ranging experience in federal investigations and trials. The 'truly outstanding' Bradley Bondi demonstrates 'seasoned judgment', and leads the securities enforcement practice, while often being called upon in DOJ and SEC enforcement matters. All lawyers mentioned are in New York, apart from Bondi, who works from Washington DC.

Practice head(s):

Anirudh Bansal; Herb Washer

Other key lawyers:

Brad Bondi; Brian Markley; David Wishengrad; Nola Heller

Testimonials

The team is first-rate. They are particularly strong dealing with the SEC. They exceed their peers in writing, client relations, responsiveness, tenacity, and technical knowledge

The Cahill team is absolutely top notch. They deliver unparalleled client service and subject matter expertise. They are incredible legal writers and advocates, as well as skilled negotiators. They are available around the clock and deliver advice in an incredibly timely manner. There is no other law firm that delivers the level of service that Cahill consistently delivers.

Brad Bondi is the man to see for individuals, boards of directors, and companies faced with legal problems involving the SEC or DOJ.’

I have worked closely with Brad Bondi on a couple of very sensitive topics. He is truly outstanding. He is not only the very best in his field of expertise, his seasoned judgment makes him the perfect sounding board for any important topic. On a five start scale five stars is not enough to describe him.

Key clients

Tesla

Thomas Whittle

Och-Ziff

Audit Committee of Walmart, Inc.

Theodore Malloch (Mueller Investigation)

Bausch Health (and subsidiaries Valeant Pharmaceuticals and Salix Pharmaceuticals)

Carnival Corporation and Princess Cruise Lines

Global Power Equipment Group

Credit Suisse

Dispute resolution > General commercial disputes Tier 3

Notable for its strength in securities litigation for the financial services industry, Cahill Gordon & Reindel LLP also has experience representing clients in insurance and media. Among notable victories in 2019, the firm defended Global Power in a putative shareholder class action; Bradley Bondi and Tammy Roy secured a dismissal of the case from the Fifth Circuit of Appeals. In the Southern District of New York, Charles Gilman and Michael Weiss represented UMB Bank in a complex pharmaceuticals trial relating to breach of obligations; the team secured a settlement. Other key lawyers include Joel Kurtzberg, who is currently lead counsel for Crédit Suisse in its LIBOR litigation, and Jonathan Thier, a generalist with considerable trial experience. Major clients include UBS and S&P; Tammy Roy is representing the former in a breach of contract case filed by Bloomberg Finance in New York federal court. Herbert Washer and David Januszewski head the commercial litigation team from the New York office.

Practice head(s):

Herbert Washer; David Januszewski

Key clients

S&P Global

Credit Suisse

ExodusPoint Capital Management

Williams Industrial Services

Ocean Spray

UBS

Hayman Capital Management

Finance > Capital markets: equity offerings Tier 3

The capital markets practice at Cahill Gordon & Reindel LLP may be synonymous with high-yield debt work but it also secures a significant share of equity offerings, consistently ranking just outside the top ten firms for manager-side deals by value. The underwriter-focused group enjoys close relationships with all the leading New York and global investment banks and routinely operates across all industry sectors. The New York-based team includes corporate specialist Jonathan Schaffzin, who brings to bear a strong background in capital markets, finance and regulatory issues. Daniel Zubkoff is also a key contact and regularly advises on debt and equity transactions. Seasoned expert James Clark maintains a broad practice, which spans debt and equity offerings, bank financings and debt restructurings. Additional contacts include Marc Lashbrook, William Miller and Douglas Horowitz.

Practice head(s):

Jonathan Schaffzin; Daniel Zubkoff

Key clients

BMO Capital Markets Corp

Citigroup Global Markets Inc.

J.P. Morgan Securities LLC

Jefferies LLC

Cantor Fitzgerald & Co.

Morgan Stanley & Co. LLC

SunTrust Robinson Humphrey, Inc.

Industry focus > Environment: transactional Tier 3

Cahill Gordon & Reindel LLP is go-to environmental law counsel for bank lenders and securities companies. The team has deep experience in negotiating the environmental provisions and identifying environmental and sustainability risks in relation to bank lending, M&A, public debt offerings and IPO transactions. The group also has experience in highly regulated sectors, such as heavy manufacturing, mining and petroleum, and has been at the forefront in the field of ESG risks in business operations and supply chains. Based in New York, the team is headed by Gregory Battista, a key contact for a huge variety of environmental law matters, namely those pertaining to corporate transactions, risk analyses, remediation, compliance and climate change issues. Peter Gioello focuses on environmental transactional work, and stands out for his in-depth knowledge of sustainability reporting.

Practice head(s):

Gregory Battista

Other key lawyers:

Peter Gioello; Lynn Schmidt

Key clients

Bank of America Merrill Lynch

Citigroup

Credit Suisse

Deutsche Bank

Morgan Stanley

Wells Fargo

UBS

Envigo

Media, technology and telecoms > Telecoms and broadcast: regulatory Tier 3

Cahill Gordon & Reindel LLP combines advising a range of financial institutions in respect of corporate and leveraged financing in the communications arena with providing regulatory and litigation expertise.  More recently, it is also acting for clients in the tele-healthcare sector. From its Washington DC base, it provides regulatory assistance in relation to mergers, acquisitions and IPOs and on the contentious front, represents clients in numerous state courts. Practice head, Chérie Kiser, has extensive experience representing clients before the FCC, Congress, state legislatures, and State Attorney General offices and of counsel Angela Collins works with Kiser on many of the practice's most significant matters. Collins is noted for providing a blend of commercial and regulatory assistance to clients such as competitive local exchange carriers, VoIP service providers, wireless providers, and cable companies. Experienced litigator Matthew Conaty re-joined the firm in 2019 after some years with the US Agency for Global Media and the FCC.

Practice head(s):

Chérie Kiser

Other key lawyers:

Key clients

Cable One, Inc.

Lingo Communications, LLC

Tempo Telecom, LLC

BCHI Holdings, Inc.

Viraspex, PA

The Partnership For Artificial Intelligence, Telemedicine & Robotics in Healthcare

Media, technology and telecoms > Telecoms and broadcast: transactional Tier 3

Headed by Chérie Kiser, the tight-knit Washington DC-based team at Cahill Gordon & Reindel LLP specializes in representing investment banks as underwriters, commercial banks as lead arrangers, as well as other financiers in communications-focused transactions. It also advises communications companies or broadcasters on areas relating to video, data, broadband, VoIP,  and cloud issues. Of counsel Angela Collins is a key contact for telecoms matters; she advises competitive local exchange carriers and VoIP service providers.

Practice head(s):

Chérie Kiser

Other key lawyers:

Key clients

Citigroup,

Cable One,

Bank of America,

J.P. Morgan

Deutsche Bank Securities, Inc.

Antitrust > Civil litigation/class actions: defense Tier 4

When it comes to antitrust litigation, Cahill Gordon & Reindel LLP makes use of the firm's traditionally strong ties to the financial sector, first and foremost serving financial institutions but also acting for clients from pharmaceuticals and insurance sectors. As of late, the team acted for leading banks in various benchmark and boycott class actions. In addition, experienced litigators David Januszewski and Herbert Washer defend financial institutions in civil, criminal and regulatory enforcement actions. The practice is located in New York and is headed by the 'highly knowledgeable' Elai Katz, who also spends a fair share of his time working on antitrust litigation matters.

Practice head(s):

Elai Katz

Other key lawyers:

David Januszewksi; Herbert Washer;

Testimonials

‘Elai Katz is highly knowledgeable, efficient and practical. He is also very creative in finding legal solutions.’

‘Excellent team with a breadth of experience and knowledge. Their handling of international complex antitrust litigation is simply excellent.’

‘The confidence they confer to the client does not come at the expense of flexibility and originality of ideas.’

‘Elai Katz is perhaps the best kept secret of this industry. He is knowledgeable, experienced, very smart and always willing to rethink his position, in service of the client. Excellent service and very minded to the client’s needs.’ 

Key clients

Credit Suisse

Economic Professors in Ohio v. American Express

Tembec Inc.

Envigo International Holdings, Inc.

Bank of America, Citigroup, Deutsche Bank, Goldman Sachs (confidential), JP Morgan Chase & Co., UBS & other investment banks and underwriters

American Express

S&P Global (Standard & Poor’s Financial Services)

ICON plc

Arch Capital

Antitrust > Merger control Tier 5

The pillars of Cahill Gordon & Reindel LLP's merger control practice are strong client relationships with numerous financial institutions as well as seamless collaboration with the firm's corporate department. 'Stellar' department head Elai Katz and his New-York based team frequently take the position of advising lenders and underwriters of transactions on merger reviews and possible antitrust concerns on a domestic and international scale. At the same time, the group handles antitrust aspects of transaction negotiations and filings. 'Outstanding' counsel Lauren Rackow is particularly active in advice to financing entities of large mergers and acquisitions.

Practice head(s):

Elai Katz

Other key lawyers:

Testimonials

‘Cahill works – compared to other US law firms – with rather smaller teams which is cost-wise a significant advantage. If necessary, they quickly scale up the team.’

‘Elai Katz is stellar. Very profound legal knowledge as well as market expertise in the fields I have worked with him (airline catering services) and incredibly responsive.’

‘The team is super professional and supplies excellent legal services. Very flexible in thinking and always putting the client’s needs top of the list.’

‘A great team to work with on international mergers. They knew how to bring their experience and knowledge and work in a team with other law firms and jurisdictions to bring out the best results.’ 

‘Elai Katz knows how to think outside the box but never looses sight of the client and the case.’

‘Lauren Rackow is an outstanding lawyer, professional, efficient and very client orientated.’ 

Key clients

Credit Suisse

Economic Professors in Ohio v. American Express

Tembec Inc.

Envigo International Holdings, Inc.

Bank of America, Citigroup, Deutsche Bank, JP Morgan Chase & Co., UBS & other investment banks and underwriters

American Express

S&P Global (Standard & Poor’s Financial Services)

ICON plc

Arch Capital

Cahill is among the most successful law firms in the world. With a history of legal innovation dating back to the firm’s founding in 1919, Cahill is trusted by market-leading financial institutions, companies and their boards to manage significant litigation, regulatory matters and transactions. Among Cahill’s ranks are lawyers who joined Cahill following distinguished careers in the Securities and Exchange Commission, United States Department of Justice, Department of the Treasury, Federal Trade Commission and other federal and state agencies. Cahill lawyers are highly client-driven. A passion for challenging and distinctive work is at the heart of this firm’s culture and explains why clients turn to Cahill’s litigation and corporate attorneys to solve their most substantial business issues. Providing innovative solutions to complex financial transactions, Cahill regularly ranks among the most active firms in the financial league tables year after year.

Main areas of practice

Transactional:

Cahill represents a broad range of financial institutions and other companies in all types of transactional and advisory work. In addition to the firm’s industry-leading capital markets and lending practice, its mergers and acquisitions, corporate governance and restructuring practices, supported by specialists in antitrust, communications, executive compensation, environmental, intellectual property, real estate and tax, deliver solutions-focused advice and deal execution.

Capital Markets & Lending:

Widely recognized as the leading law firm in leveraged finance, Cahill has long and close working relationships with many prominent international banking institutions. Its capital markets and lending practice represents lenders and borrowers in loan financings, underwriters and issuers in debt, equity and equity-linked securities offerings and dealer managers and solicitation agents in exchange offers, tender offers and consent solicitations, in leveraged, distressed, high-grade and cross-over credits. Cahill also represents mezzanine lenders and private equity investors in leveraged and strategic transactions.

Cahill’s capital markets and lending practice earned high ranks in league tables from Bloomberg, Re-finitiv Loan Connector LPC (formerly Thomson Reuters LPC), and Debtwire in multiple categories in 2019, showcasing our influence on the global capital markets. According to Bloomberg and Debtwire, Cahill captured in excess of 35% of the market share by volume and generated more than $84 billion in aggregate gross proceeds in connection with high-yield bonds. For loans, Cahill owned more than 34% of the U.S. bank leveraged lending market by volume and generated more than $197 billion in ag-aggregate gross proceeds, according to Refinitiv LPC.

Mergers & Acquisitions:

Cahill advises private equity firms and their portfolio companies, public and private corporations, and boards and special committees across a variety of industries in connection with mergers, acquisitions, dispositions, joint ventures, spin-offs and other significant strategic transactions. The firm also advises clients on acquisition finance, growth equity and other minority investments, governance, disclosure and compliance matters, providing its clients a single point of contact and delivering exceptional efficiency.

Bankruptcy & Restructuring:

Cahill frequently represents and advises all of the various constituents in complex domestic and cross-border restructuring matters, including formal bankruptcy court proceedings and out-of-court transactions. It has significant experience representing debtors and borrowers, Cahill’s boards of directors, equity sponsors and other investors and regularly represent administrative and collateral agents and lenders, including DIP and exit lenders, with respect to secured financings in bankruptcy and restructuring matters.

Litigation:

In its litigation practice, Cahill manages large-scale securities, insurance, antitrust, First Amendment, intellectual property, professional liability, white collar and corporate governance matters that are often international in scope.

Securities Litigation & White Collar Defense:

Cahill lawyers have been on the front lines of large-scale securities litigation for nearly a century, focusing on the leading issues of the day. Cahill represents issuers, underwriters, bank lenders, placement agents, officers and directors, accountants, lawyers and investors in large-scale securities litigation and investigations throughout the world. It has represented participants in complex securities class action litigation and parallel governmental investigations involving financial exposures in the billions of dollars. Often these matters involve coordination with parallel governmental investigations, congres¬sional and regulatory investigations, domestic and foreign bankruptcies and state court actions.

Corporate Governance & Investigations:

Cahill advises boards of directors, special committees, and directors and officers of publicly held companies in significant corporate governance matters and investigations. Its lawyers have extensive experience conducting multinational investigations involving alleged violations of the Foreign Corrupt Practices Act (FCPA), The Office of Foreign Assets Control (OFAC) regulations and commercial bribery laws, Bank Secrecy Act and anti-money laundering. Cahill has managed investigations involving wire and mail fraud, healthcare fraud, tax fraud and fraud alleged under the False Claims Act and those arising from computer hacking and data breaches. Cahill also has a long track record conducting antitrust and price fixing investigations in markets including healthcare, pharmaceuticals, automotive industries, paper products, homebuilding, and tobacco.

Antitrust Litigation:

Cahill’s lawyers are trained in a comprehensive range of antitrust and competition matters, from class action litigation and criminal and civil investigations to M&A and other strategic transactions. Cahill litigators represent clients in major civil and criminal investigations and have extensive experience defending antitrust suits asserting price fixing, bid rigging and boycotts, among other claims. It has been involved in many of the most consequential antitrust investigations and related class actions in recent years, including LIBOR, municipal bond derivatives, insurance brokerage fees, IPO underwriting fees, music CDs, vitamins and thermal fax paper.

Department Name Email Telephone
Co-Administrative Partners Helene R. Banks hbanks@cahill.com 212.701.3439
Co-Administrative Partners Brian T. Markley bmarkley@cahill.com 212.701.3230