Cravath, Swaine & Moore LLP‘s New York practice continues to represent market-leading clients on a wide spectrum of debt offerings, particularly in acquisition financings, such as representing the underwriters in the offering of approximately $9.2bn of registered notes to finance Johnson & Johnson’s acquisition of Intra-Cellular Therapies. Experienced finance lawyer Craig Arcella maintains a longstanding issuer clientele, as well as representing major international banks in investment-grade deals. Andrew Pitts heads the team, with work encompassing public and private securities offerings for investment banking clients and issuers, as well as convertible securities and liability management transactions. Daniel Haaren’s experience includes convertible debt issuances and investment-grade debt transactions, the latter also being a part of Nicholas Dorsey‘s practice. Douglas Dolan is another key name in the practice. William Fogg retired in March 2026.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
- 'Very responsive. Advice is thorough but digestible and practical.’
Key clients
- AerCap
- American National
- Booking
- Martin Marietta Materials
- Northrop Grumman
- Qualcomm
- Rogers Communications
- Shell
- Symetra Life
- Various financial institutions
Work highlights
Represented the initial purchasers in a $26 billion 144A/Reg. S notes offering of Mars as part of the financing transactions undertaken in connection with Mars Incorporated’s $35.9billion acquisition of Kellanova.
Represented the underwriters in the €4 billion notes offering of Johnson & Johnson and in its concurrent $5 billion notes offering to finance their acquisition of Intra-Cellular Therapies.
Represented the underwriters in the $1.5 billion senior notes offering of LPL to partially finance the acquisition of Commonwealth Financial Network and in the concurrent $1.73 billion common stock offering.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Daniel Haaren
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Craig F. Arcella; Andrew J. Pitts
Other key lawyers
Nicholas A. Dorsey; C. Daniel Haaren; Douglas Dolan