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

Wachtell, Lipton, Rosen & Katz
51 WEST 52ND STREET
NEW YORK, NY 10019
United States

Employee benefits, executive compensation and retirement plans: transactional Tier 1

Acting for a multinational corporate client base, Wachtell, Lipton, Rosen & Katz assists the firm’s wider M&A practice on employee benefits and executive compensation issues in the context of high-value acquisitions, spin-offs, IPOs and bankruptcies. In a standout matter, Andrea Wahlquist is acting for Celgene in relation to its $74bn sale to pharmaceutical industry giant Bristol-Myers Squibb. Jeannemarie O’Brien and Adam Shapiro are also notable contacts in the New-York based team. Michael Segal retired from the firm in 2019.

M&A litigation: defense Tier 1

Wachtell, Lipton, Rosen & Katz in New York is ‘the premier firm in M&A defense; it is more creative than the other firms’. It is frequently involved as co-counsel in some of the largest and most high-profile cases in Delaware, which recently included acting for CBS in expedited litigation with its controlling stockholder, National Amusements, arising out of the CBS board's decision dilute the shareholder's voting interest. The firm also represented a special committee of Facebook Inc. in litigation challenging the reclassification of the company's stock, and also acted for Cigna in a dispute arising from its the termination of its proposed $54bn merger with Anthem Inc. The firm's standout partner is William Savitt, who 'walks on water' according to one prominent defense lawyer. Corporate defense expert Theodore Mirvis and experienced Delaware Court of Chancery advocate Marc Wolinsky are highly recommended. Ryan McLeod is an up-and-coming partner.

M&A: large deals ($1bn+) Tier 1

Wachtell, Lipton, Rosen & Katz 'still has the premier practice for public M&A deals', according to one competitor. Despite being a one office firm, based in New York, it has a substantial M&A team and maintains a high market share of big-ticket and transformational M&A transactions. Moreover, it continues to impress in hostile takeovers, activist defense work and proxy contests. Hugely respected by corporate America and its management boards, it is constantly in the frame for the biggest engagements in the market. It advised T-Mobile and Deutsche Telekom in connection with the blockbuster proposed $146bn merger of T-Mobile and Sprint. In other headline deals, it advised United Technologies on the separation of the business into three independent public companies, Comcast on its $65bn bid for assets of Twenty-First Century Fox, and Broadcom on its $18.9bn all-cash acquisition of CA Technologies. The still active Martin Lipton is, for many, the premier name in the market. David Katz and Daniel Neff are 'super high quality' and 'incredibly good lawyers'; Katz is 'smart, thoughtful and he will work to get the deal done'. Adam Emmerich, once again made an impression on the market by leading the team that represented T-Mobile in its merger with Sprint. Edward Herlihy further cemented his standing by heading the team that advised Cigna on its $67bn acquisition of Express Scripts. Steven Rosenblum and Andrew Nussbaum are also outstanding M&A practitioners, as are Andrew Brownstein and Igor Kirman.

Capital markets: debt Tier 2

Another leading player in event-driven transactions, Wachtell, Lipton, Rosen & Katz consistently secures some of the most high-profile issuer engagements to hit the market. Among its recent highlights, Gregory Pessin advised Cigna on $20bn of bond financing to support its acquisition of Express Scripts, which marked the second-largest corporate bond deal of 2018. Pessin also advised Salesforce.com on its $2.5bn debt offering in connection with its acquisition of Mulesoft. In another headline M&A-related deal, Eric Rosof assisted United Technologies with its $11bn notes offering to support its $60bn acquisition of Rockwell Collins. The group has also recently handled debt offerings for ServiceMaster Global Holdings, Lionsgate and Intelsat.

Real estate investment trusts (REITs) Tier 2

Wachtell, Lipton, Rosen & Katz is focused on M&A, private equity, corporate governance, restructurings and joint ventures across the REIT sector. Recent matters include acting for the board of Forest City Realty Trust, a REIT that invests in office buildings, shopping centers and apartments, in its sale to Brookfield Asset Management; and assisting Gramercy Property Trust, a global investor and asset manager of single-tenant properties, with its $7.6bn sale to affiliates of Blackstone Real Estate Partners VIII. New York-based Robin Panovka co-chairs the firm’s real estate and REIT M&A groups; Adam Emmerich is also a key figure.

US taxes: non-contentious Tier 2

Wachtell, Lipton, Rosen & Katz’s New York tax practice supports the firm's busy corporate team in a variety of transactions and organizational matters, including reorganizations, spin-offs and restructurings. Joshua Holmes is advising Celgene on its sale to Bristol-Myers Squibb for approximately $74bn. Deborah Paul and Jodi Schwartz are active in a range of transactions, including strategic acquisitions and private equity buyouts, particularly in the telecoms, oil and gas and energy sectors. T Eiko Stange has substantial experience leading on major transactions in the pharmaceuticals, financial services, media and entertainment and real estate sectors.

International tax Tier 3

New York-based Wachtell, Lipton, Rosen & Katz assists global businesses with the tax aspects of corporate reorganizations, M&A, financings, restructurings and joint ventures. Jodi Schwartz is a key name and has previously represented Irish life sciences firm Medtronic with its $6.1bn sale of a portion of its patient monitoring and recovery division to Cardinal Health. Other noted attorneys include T Eiko Stange, who advises clients in the telecoms, technology, pharmaceuticals, financial services, media and entertainment, real estate and retail industries. Joshua Holmes is a senior team member, and Tijana Dvornic is also notable and has previously advised Valeant Pharmaceuticals.

Restructuring (including bankruptcy): corporate Tier 3

Wachtell, Lipton, Rosen & Katz focuses on representing banks, hedge funds, private equity firms and other creditors in bankruptcy cases and out-of-court restructurings. In addition, the firm has experience in cross-border restructurings, including Chapter 15 cases. Bankruptcy specialist Richard Mason leads the team, which represented the US Treasury in connection with the rescues of Fannie Mae and Freddie Mac, and acted in Chapter 11 cases involving Westinghouse, Caesars Entertainment and ExGen Texas Power. The department is also known for its contentious practice, an example of which was acting for Education Management in litigation arising out of its $1.5bn out-of-court restructuring, including its precedent-setting appeal in the Marblegate case.

Securities litigation - defense Tier 3

Wachtell, Lipton, Rosen & Katz in New York has highly experienced practitioners in the litigation practice led by co-chairs William Savitt and Jonathan Moses. Savitt and Ryan McLeod represented outside directors and the board of Facebook in a putative class action challenging the proposed reclassification of common stock. Other highlights for the firm included acting for individual defendants in a complex multi-district litigation against TerraForm Global filed in the wake of an historic downturn in energy markets and the bankruptcy of TerraForm’s corporate parent, SunEdison. The firm also represented individual defendants in In re Cnova Securities Litigation, a federal securities class action arising from an accounting restatement following the company’s 2014 IPO. Elaine Golin, John Savarese, Carrie Reilly and Bradley Wilson are among the other recommended partners.

Corporate investigations and white-collar criminal defense Tier 4

Wachtell, Lipton, Rosen & Katz is based in New York and is best known for handling prestige corporate representations. Key team members include David AndersWayne CarlinRalph LevenePaul Vizcarrondo and John Savarese.

General commercial disputes Tier 4

Wachtell, Lipton, Rosen & Katz excels in M&A, corporate governance and takeover litigation, though it also handles other forms of commercial disputes from its New York office. It is particularly prominent in the financial services sector, where many of its largest clients operate. The department is co-led by William Savitt and Jonathan MosesJohn Savarese is another key name.

Merger control Tier 4

Wachtell, Lipton, Rosen & Katz handles antitrust issues arising from high-profile cross-border transactions. Previous work highlights include advising Broadcom on its proposed acquisition of Qualcomm, and assisting Danone with the antitrust aspects of its takeover of WhiteWave. Key names to note include Damian DiddenIlene Gotts and Nelson Fitts.

Real estate2 Tier 5

Wachtell, Lipton, Rosen & Katz has a long-established track record of advising on some of the biggest real estate M&A deals in the market, working with clients across the REIT, hospitality and gaming sectors. The New York firm was involved in two of 2018’s biggest deals, acting for Gramercy Property Trust in its $7.6bn acquisition by Blackstone Real Estate Partners VIII, and also advising Forest City Realty Trust’s management on its $6.8bn acquisition by Brookfield Asset Management.

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
Corporate
Litigation
Restructuring and finance
Tax
Executive compensation and benefits
Antitrust
Real estate M&A
Photo Name Position Profile
Mr David Anders  photo Mr David Anders
Mr Martin J.E Arms  photo Mr Martin J.E Arms
Mr Michael Byowitz  photo Mr Michael Byowitz
Mr Peter Canellos  photo Mr Peter Canellos
Mr Steven Cohen  photo Mr Steven Cohen
Mr Stephen DiPrima  photo Mr Stephen DiPrima
Mr Damian Didden  photo Mr Damian Didden
Mr Nelson Fitts  photo Mr Nelson Fitts
Ms Elaine Golin  photo Ms Elaine Golin
Ms Ilene Gotts  photo Ms Ilene Gotts
 Edward Herlihy  photo Edward Herlihy
Mr Joshua Holmes  photo Mr Joshua Holmes
Mr David Kahan  photo Mr David Kahan
Mr David Katz  photo Mr David Katz
 Igor Kirman  photo Igor Kirman
Mr David Lam  photo Mr David Lam
Mr Ralph Levene  photo Mr Ralph Levene
Mr Theodore Mirvis  photo Mr Theodore Mirvis
 Ted Mirvis  photo Ted Mirvis
Mr Jonathan Moses  photo Mr Jonathan Moses
Mr Daniel Neff  photo Mr Daniel Neff
Mr Harold Novikoff  photo Mr Harold Novikoff
Mr Steven Rosenblum  photo Mr Steven Rosenblum
Mr Eric Rosof  photo Mr Eric Rosof
 William Savitt photo William Savitt
Ms Jodi Schwartz  photo Ms Jodi Schwartz
Mr Michael Segal  photo Mr Michael Segal
Mr Adam Shapiro  photo Mr Adam Shapiro
Mr David Shapiro  photo Mr David Shapiro
 Eiko Stange  photo Eiko Stange
Mr T Eiko Stange  photo Mr T Eiko Stange
 Herbert Wachtell  photo Herbert Wachtell
 Andrea Wahlquist  photo Andrea Wahlquist
Mr Marc Wolinsky  photo Mr Marc Wolinsky
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