Cravath, Swaine & Moore LLP represents boards of directors and special committees across a range of high-stakes, multijurisdictional litigation cases. The practice works closely with its corporate team to advise on individual, class, and derivative actions arising from hostile transactions, boasting a strong reputation in stockholder derivative litigation. Gary Bornstein is a go-to advisor for putative class actions, derivative litigation, and hostile takeover situations, and represented Paramount throughout a litigation case concerning a merger with Skydance Media. Kevin Orsini secured a settlement for BDT Capital to resolve a putative class action litigation and has extensive experience before the Delaware courts. Justin Clarke leads precedent-setting M&A and securities cases, including representing the board of directors of Krystal Biotech in a shareholder derivative lawsuit alleging breach of fiduciary duty. Meanwhile, Antony Ryan's broad knowledge encompasses a range of M&A and securities litigation cases, including representing Deutsche Telekom in a putative class action and derivative litigation. Another key name is Robert Baron, who has extensive experience across M&A litigation cases. All lawyers mentioned are based in New York.
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Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge

Key clients

  • BDT Capital Partners, LLC
  • Biogen Inc.
  • Blackstone Inc.
  • British American Tobacco p.l.c.
  • Deutsche Telekom AG
  • Endeavor Group Holdings, Inc.
  • Forward Air Corporation
  • Illumina, Inc.
  • Krystal Biotech, Inc.
  • Paramount Global (Special Committee)
  • Robinhood Markets, Inc.
  • SPI Group

Work highlights

Representing Deutsche Telekom, T-Mobile’s controlling stockholder, and certain Deutsche Telekom officers in a putative class action and derivative litigation alleging that the defendants breached their fiduciary duties in connection with T‑Mobile’s $26 billion merger with Sprint.
Represents the Special Committee of the Board of Directors of Paramount in fiduciary duty litigation concerning Paramount’s $28 billion merger with Skydance Media, which closed in August 2025.
Represented Yale New Haven Health and secured a favorable settlement in litigation claiming that Prospect Medical Holdings breached an Asset Purchase Agreement concerning the acquisition of three Connecticut hospitals and that YNHH was not required to close the transaction.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Other key lawyers

Gary Bornstein; Kevin Orsini; Justin Clarke; Antony Ryan; Robert Baron