Mr Andrew Pitts > Cravath, Swaine & Moore LLP > New York, United States > Lawyer Profile

Cravath, Swaine & Moore LLP‘s debt capital markets practice has an excellent reputation for advising blue-chip corporate issuers as well as leading investment banks on high-value investment-grade offerings, particularly in connection with major acquisition financings. The firm’s representation of the underwriters in connection with four registered notes offerings by JPMorgan Chase & Co., with an aggregate value of $38.25bn, is a recent highlight. Craig Arcella has extensive experience advising in connection with notes offerings by multinationals and international banks. Andrew Pitts’ broad practice covers public and private debt securities offerings as well as transactions involving convertible and equity-linked securities. The two partners lead the team alongside William Fogg. Nicholas Dorsey’s recent investment-grade debt engagements have seen him work for multinationals, banks, and asset management firms. Daniel Haaren is also well versed in both investment-grade and convertible bond offerings and plays a leading role in the group. Douglas Dolan is also a key contact.

Cravath, Swaine & Moore LLP’s capital markets team in New York remains a leader in the global debt offerings space and offers expertise spanning investment-grade, high-yield, and convertible notes offerings, among other kinds. The team also has capabilities on the equity side, recently handling common stock and secondary share offerings for major international clients. The team maintains strong ties with issuers and underwriters operating in Canada and Europe in particular, including in the energy, aviation, telecoms, auto, and transport sectors. Craig Arcella’s varied practice sees him assist financial institutions and corporate clients with investment-grade offerings and liability management transactions, among other matters. Andrew Pitts has considerable experience in traditional capital raising transactions as well as in relation to convertible securities and liability management. The two partners lead the group alongside William Fogg. Nicholas Dorsey is noted for his work for startup and early-stage companies as well as venture capital firms, while Douglas Dolan has a strong track record handling offerings by Canadian issuers.

With the New York-based trio of Craig Arcella, William Fogg, and Andrew Pitts leading the team, Cravath, Swaine & Moore LLP is highly regarded for its representation of issuers and underwriters, constantly overseeing high-yield debt financings and covenant packages. The firm’s client roster includes investment banks, financial sponsors, and corporate issuers, with standout work coming from within the aerospace and healthcare industries. Arcella is knowledgeable in convertible bond offerings, Joseph Zavaglia is an expert in complex IPOs, and Douglas Dolan stands out for his work in equity financings and capital markets transactions. The whole team is New York-based, with Ryan Patrone and Kelly Smercina also being highlighted.

Headed by the New York-based trio of Craig Arcella, William Fogg, and Andrew Pitts, Cravath, Swaine & Moore LLP’s practice is uniquely balanced between advising issuers and managers on all forms of equity offerings. This spans from high-profile IPOs, complex secondary offerings, and related derivative transactions, with the department displaying specific expertise in the tech, finance, and consumer retail industries. The team is regularly called upon to support on issues surrounding capital-raising transactions, with Fogg being an expert in representing major investment banks on general corporate and disclosure matters. Pitts is a corporate finance specialist predominantly, whilst D Scott Bennett is well versed in guiding venture capital-backed corporations and investors in the tech, fintech, and digital assets fields. Nicholas Dorsey stands out for his knowledge on public and private offerings of securities, and both C Daniel Haaren and Douglas Dolan are also cited as key. All mentioned lawyers are based in the New York office.