Mr David Portilla > Cravath, Swaine & Moore LLP > NEW YORK, United States > Lawyer Profile

Cravath, Swaine & Moore LLP
WORLDWIDE PLAZA
825 EIGHTH AVENUE
10019-7475
United States

Work Department

Corporate

Career

David L. Portilla is a partner in Cravath’s Corporate Department. He focuses his practice on advising international and domestic banking organizations and other financial institutions on transactional, regulatory, supervisory, enforcement and governance matters.

Lawyer Rankings

United States > Finance > Financial services regulation

(Leading lawyers)

David Portilla – Cravath, Swaine & Moore LLP

Cravath, Swaine & Moore LLP substantially bolstered its expertise in non-contentious financial services regulation in February 2021 with the addition of David Portilla from Debevoise & Plimpton LLP. Portilla, a highly-regarded specialist in this area, acts for a number of trade associations in engaging with regulators and also assists banks on compliance with Dodd-Frank regulations. Portilla also works alongside the firm’s corporate practice to handle M&A transactions involving financial services companies. The firm is based in New York.

United States > Media, technology and telecoms > Fintech

Cravath, Swaine & Moore LLP‘s combination of transactional and regulatory expertise has made it a compelling choice for some of the country’s largest banking and fintech operators. Corporate partner Scott Bennett has an extremely strong track record representing issuers and underwriters in related public and private securities offerings. The firm’s representation of the online trading platform Robinhood Markets in 2021 is demonstrative of its cross-practice approach to supporting clients. This included the company’s $1.9bn Nasdaq IPO, a $3.4bn private placement of convertible notes and warrants, and the successful dismissal of several lawsuits, led by litigation partner Kevin Orsini, concerning Robinhood’s decision to temporarily restrict trading during the volatile GamesStop short squeeze. The regulatory side of the practice was also boosted following the recruitment of financial services partner David Portilla from Debevoise & Plimpton LLP. Practice head and IP partner David Kappos is a key asset, working closely with corporate and regulatory partners on related blockchain and fintech issues.