Wachtell, Lipton, Rosen & Katz > New York, United States > Firm Profile

Wachtell, Lipton, Rosen & Katz
NEW YORK, NY 10019
United States

Dispute resolution > M&A litigation: defense Tier 1

Wachtell, Lipton, Rosen & Katz in New York is acknowledged by its peers as both a leading transactional firm and also a powerhouse in M&A-related litigation. The firm handles litigation at all stages, through trials and appeals, in which it has a stellar track record on behalf of some of the biggest corporations in the US. The practice, which is led by William Savitt and Jonathan Moses handles a range of high-stakes cases in the Delaware courts system. Savitt and Ryan McLeod acted for a Special Committee of the Board of Directors of MSG Entertainment, which acquired MSG Networks for $900m in 2021, after plaintiffs alleged that the company’s board violated Section 203 of the Delaware General Corporation Law, which prohibits a stockholder from engaging in a business combination with a company for three years after acquiring 15% or more of the company’s voting equity, blunting the provision as a tool for merger injunctions.

Practice head(s):

William Savitt; Jonathan Moses

Other key lawyers:

Key clients

Bayer AG

Madison Square Garden Entertainment

Twitter, Inc.

Altria, Inc.

The Chemours Company

Dyal Capital Partners


M&A/corporate and commercial > M&A: large deals ($1bn+) Tier 1

Headquartered in New York, Wachtell, Lipton, Rosen & Katz is a destination practice in the US market for premium public company deals, handling a host of high-profile acquisitions, divestitures and mergers on behalf of principal parties. Cross-border transactions, proxy fights and takeovers are among Andrew Brownstein‘s notable areas of practice; he jointly heads up the corporate group with Steven Rosenblum, who further exhibits strength in joint ventures, securities law and corporate governance. These are also key areas of expertise for Adam Emmerich, who offers representation to a broad range of public and private companies in domestic and multijurisdictional mandates. M&A specialist David Katz often acts for boards of directors and board committees on governance issues and crisis management. Edward Herlihy is a veteran in complex bank and financial institution M&A, while corporate and securities lawyer Daniel Neff has extensive experience in assisting corporations, private equity firms and special committees of directors in negotiated and hostile acquisitions. Ronald Chen is a name to note for high-value M&A in the tech sector.

Practice head(s):

Andrew Brownstein; Steven Rosenblum

Other key lawyers:

Key clients

Black Knight

BMO Financial Group



Kansas City Southern


Social Capital




Dispute resolution > Securities litigation: defense Tier 2

New York-based firm Wachtell, Lipton, Rosen & Katz is widely recognised as one of the leading corporate practices in the country, hence its stellar client base. Among its clients are Amazon, Bayer AG, Facebook and Twitter. As well as Fortune 500 companies, the firm also acts for financial institutions in securities fraud class actions, books-and-records demands, and IPO- and proxy-related disclosure claims. This gives the firm a role in high-stakes securities and merger-related cases. William Savitt, who is co-chair of the litigation practice and is focused predominantly on M&A and corporate governance disputes, as well as securities cases, leads the practice with Jonathan Moses, who handles complex commercial, securities and antitrust litigation. Savitt and Sarah Eddy acted for a special committee of independent directors of L Brands, the parent company of Victoria’s Secret, to handle issues arising from accusations of sexual harassment and misconduct at the company.

Practice head(s):

Jonathan Moses; William Savitt

Other key lawyers:

Key clients


Bayer AG

The Chemours Company



L Brands


Madison Square Garden Entertainment



Finance > Commercial lending Tier 2

Wachtell, Lipton, Rosen & Katz’ New York-based practice has undergone significant growth in the past decade and has achieved a strong presence on the borrower-side of the debt finance market. The team is particularly noted for its acquisition financing expertise and has advised on a series of high-value investment-grade loans, including a $32bn syndicated financing for Broadcom’s acquisition of VMWare. In addition to its roster of investment-grade corporate borrowers from a wide range of industry sectors, the firm also advises private equity sponsors and their portfolio companies. For these clients, the team actively assists with liability management matters, leveraged asset-based loans, and credit facility amendments that encompass a wide range of financial structures. Practice head Gregory Pessin has a track record of representing the firm’s investment-grade clients in high-value work, while John Sobolewski is a key contact for liability management transactions. Emily Johnson is also highly recommended for her advice on acquisition financings.

Practice head(s):

Gregory Pessin

Other key lawyers:


‘The team takes a fresh look at all the key terms rather than rely on industry norm. Willing to push the envelope for the benefit of the client.’

‘Greg Pessin makes himself available and provides practical and value-added solutions & advice.’

Key clients

3M Company

American Eagle Outfitters, Inc.

Angelo, Gordon & Co., L.P.

Becton, Dickinson & Company

Broadcom Inc.

Coherent Corp.

Dick’s Sporting Goods, Inc.

Encompass Health Corporation

Fanatics Holdings, Inc.

Global Payments Inc.

GXO Logistics, Inc.


Ingevity Corporation

Mallinckrodt plc

Mitel Networks Corporation

Otis Worldwide Corporation

PENN Entertainment, Inc.

Raytheon Technologies Corporation

Siris Capital Group, LLC

Work highlights

  • Negotiated $32bn in committed financing from a consortium of banks in connection with Broadcom’s acquisition of VMware, Inc., leading to a successful and timely consummation of the acquisition with an unusual and highly company-favorable fee structure.
  • Advised Global Payments Inc. on a $4.325bn bridge financing commitment process in connection with the acquisition of EVO Payments and a new $5.75bn revolving credit facility, which upsized the previous revolver and provides for borrowing of amounts needed to fund the EVO acquisition on a limited condition basis.
  • Advised Mitel Networks Corporation on its complex 2022 liability management transaction and superpriority new money fundraising.

Labor and employment > Employee benefits, executive compensation and retirement plans: transactional Tier 2

M&A/corporate and commercial > Shareholder activism Tier 2

Antitrust > Merger control Tier 3

Wachtell, Lipton, Rosen & Katz is active on high-stakes merger clearances in the US and globally, advising the firm’s clients, which include major names in financial services, pharma, and energy, on FTC and DOJ filings, investigations, and litigation, as well as co-ordinating multi-jurisdictional merger filings and approvals. Offering agency experience and a strong record in contentious merger clearances, he team handles complex, high-value transactions, including CAA’s acquisition of ICM Partners, a major win for practice head Ilene Gotts, while Nelson Fitts  successfully represented Sanderson Farms in the DOJ’s investigation of its $4.5bn acquisition by Cargill and Continental Grain. Christina Ma is active in the financial services space, and is noted for her risk analysis capabilities, advising clients on potential agency action ahead of proposed transactions. All lawyers mentioned are in New York.

Practice head(s):

Ilene Gotts

Other key lawyers:

Nelson Fitts; Christine Ma

Key clients

Sanderson Farms



Black Knight



Siris Capital




Work highlights

  • Represented Sanderson Farms in the DOJ’s investigation of its acquisition by Cargill and Continental Grain, which combined the third (Sanderson) and seventh (Wayne Farms) largest chicken processing firms in the U.S.
  • Represented S&P Global in its $44 billion acquisition of IHS Markit, which combined two of the largest data providers to the financial and commodities industries. The deal was subject to a year-long investigation by the U.S. Department of Justice, the European Commission and the UK’s Competition and Markets Authority, as well as other foreign regulators.
  • Represented Hilrom in its $12.4 billion all-cash acquisition by Baxter International, bringing together two leading medical technology companies to broaden access to care in the hospital, home and alternate site settings.

Finance > Restructuring (including bankruptcy): corporate Tier 3

With considerable experience advising major clients, Richard Mason heads the team at Wachtell, Lipton, Rosen & Katzwhich has a strong reputation for advising debtors in mass tort bankruptcies, sponsors and borrowers in relation to liability management and special situation matters, and elite distressed investors and groups concerning distressed investments. John Sobolewski specializes in representing corporate borrowers and sponsors, and recently led a team advising Mitel Networks Corporation and its private equity sponsor Searchlight Capital in relation to Mitel’s out-of-court financial restructuringm while Joshua Feltman is a standout figure and focuses on acquisitions of leveraged entities in in- and out-of-court workouts and on the financing aspects of leveraged acquisitions generally. All lawyers mentioned are based in New York.

Practice head(s):

Richard Mason

Other key lawyers:

Alexander Miles; David Sheinfeld; Elyssa Eisenberg; Emil Kleinhaus; John Sobolewski; Joshua Feltman; Michael Benn

Key clients

Mitel Networks Corporation

Mallinckrodt plc

Angelo, Gordon & Co., LP

Intralot SA

Freeport-McMoRan Inc.

Ad Hoc Committee of Local Councils of Boy Scouts of America

Cueto Group and Eblen Group (major stockholders of LATAM)

Noteholders to Trilogy International Partners (affiliates of Capital Research and Management Company, Brigade Capital Management, LP and Benefit Street Partners L.L.C.)

Ad Hoc Group of Altera Infrastructure LP unsecured noteholders

Metropolitan Commercial Bank

Lenders to TriMark (affiliates of Ares Capital Management LLC, Oaktree Capital Management, BlackRock, Inc., and Sculptor Capital Management)


Lenders to Puerto Rico Electric Power Authority

Hebrew University, Bar Ilan, Weizmann Institute, Ben-Gurion

Ares Management LLC and VMO Aircraft Leasing, LP

SelectQuote, Inc.

MacAndrews & Forbes Holdings, Inc.

Work highlights

  • Advised Mitel Networks Corporation on its out-of-court restructuring.
  • Advised Freeport-McMoRan Inc. in the Chapter 11 case of its indirect subsidiary, Cyprus Mines Corporation.
  • Advised Angelo Gordon & Co as a new-money lender to Envision Healthcare Corporation.

Real estate > Real estate investment trusts (REITs) Tier 3

Tax > US taxes: non-contentious Tier 3

Dispute resolution > Corporate investigations and white-collar criminal defense Tier 4

Wachtell, Lipton, Rosen & Katz enjoys a global reputation as one of the world’s leading business law firms. The firm regularly handles many of the largest, most complex and demanding transactions, investigations and litigations in the US and around the world. Wachtell Lipton has contributed to major evolutions in corporate law in order to advance the interests of its clients. Wachtell Lipton originated the ‘poison pill’, structured the first cross-border ‘Morris Trust’ transaction between SmithKline Beckman and Beecham, and has been involved in – and litigated – transactions giving rise to most of the landmark takeover and corporate governance decisions in Delaware. Wachtell Lipton approaches its clients’ legal issues within the larger framework of each client’s strategic, business and financial goals. The firm focuses on matters that require the attention, extensive experience, expertise and reputation of its partners. The firm does not handle routine matters, limits the number and type of matters it undertakes, and operates with a ratio of partners to associates far higher than its major competitors.

Main areas of practice
Corporate: Wachtell Lipton counsels both public and private acquirers and targets, advising on a wide range of corporate matters, including: US, cross-border and international mergers and acquisitions; private equity and strategic investments; spin-offs, split-ups, securities offerings and other capital raising transactions; and is recognized for its leadership in takeover defense, shareholder activism and corporate governance.

Litigation: Wachtell Lipton’s litigation practice is consistently at the cutting edge of the leading commercial and corporate litigation battles dominating headlines. The firm makes appearances in state and federal courts throughout the country at both trial and appellate levels, as well as in arbitrations and mediations. It also has a leading practice representing companies and individuals in state and federal regulatory and criminal investigations. The firm’s litigators advise on a range of corporate governance matters and handle derivative demands and other litigation challenging the actions of boards of directors. The firm consistently handles some of the nation’s leading commercial disputes covering diverse industries and subject matters. The firm has a leading white-collar and regulatory enforcement practice. It has represented major financial institutions and multinational corporations, as well as their boards of directors and senior executives, in a range of complex and high-profile white-collar criminal and regulatory enforcement matters nationally and internationally.

Restructuring and finance: Wachtell Lipton has one of the leading restructuring practices, principally representing creditors in national and multinational bankruptcy cases and out-of-court restructurings. Attorneys in the restructuring and finance group regularly handle the financing of complicated acquisitions or divestitures of businesses in financial distress or bankruptcy, highly leveraged transactions and other major transactions involving significant debtor/creditor issues.

Antitrust: Wachtell Lipton’s leading antitrust practice focuses on mergers and acquisitions and government investigations, including international antitrust and banking antitrust issues.

Tax: Wachtell Lipton has a leading tax practice advising clients on tax aspects of corporate reorganisations, acquisitions, spin-offs and other dispositions, financings, restructurings and joint ventures.

Real estate M&A: Wachtell Lipton has a leading real estate M&A practice focusing on mergers and acquisitions, private equity, corporate governance, restructurings and joint ventures across the REIT, real estate, hospitality and gaming sectors. The firm consistently plays an active role in major transactions in these sectors, with an emphasis on large-scale public company M&A and strategic transactions.

Executive compensation and benefits: Wachtell Lipton has a leading executive compensation and benefits practice addressing the most sensitive issues facing public and private companies, both in the deal and non-deal contexts.

Department Name Email Telephone
Restructuring and finance
Executive compensation and benefits
Real estate M&A
Number of Partners : 82
Number of Lawyers : 257
Co-Chairmen of the Executive Committee : Edward D Herlihy
Co-Chairmen of the Executive Committee : Daniel A Neff