Page 42 - NYLJ Professional Excellence 2021
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LITIGATION DEPARTMENT OF THE YEAR:
CLASS ACTION
CRAVATH, SWAINE & MOORE
Q&A What are some of the department’s most satis-
fying successes of the past year and why? We
are thrilled every time we achieve successful outcomes for CRAVATH IS KNOWN FOR TAKING ON OUR CLIENTS’ MOST
our clients, and over the past year we have been pleased CONSEQUENTIAL MATTERS. AS A GENERALIST FIRM, OUR
to secure many positive results. One highlight was leading ATTORNEYS HAVE THE BREADTH AND DEPTH OF EXPERI-
PG&E’s defense in a $2.5 billion class action related to power ENCE TO HANDLE THE MOST PRESSING MATTERS FOR
shutoff events the company performed to reduce the risk OUR CLIENTS. OUR ATTORNEYS DO NOT BACK DOWN IN
of wildfires. The matter was litigated within PG&E’s com- THE FACE OF MONUMENTAL CHALLENGES OR UNSETTLED
plex Chapter 11 proceedings and the dismissal we secured LAW. OUR WORK FOR PG&E IS A GREAT EXAMPLE OF THIS.
helped pave the way for the company to confirm its plan of WE REPRESENTED THE COMPANY IN EVERY FACET OF
reorganization and emerge from bankruptcy. We were also PG&E’S RESPONSE TO THE UNPRECEDENTED 2017 AND
honored that the Blue Cross Blue Shield Association turned 2018 CALIFORNIA WILDFIRES, SERVING AS LEAD TRIAL
to us this year to defend it in massive, multidistrict litigation COUNSEL IN HUNDREDS OF LAWSUITS AND HELPING TO
challenging certain foundational aspects of the Blue Cross STEER THE COMPANY THROUGH THE LARGEST UTILITY
Blue Shield System—one of the largest class actions in the BANKRUPTCY IN U.S. HISTORY.
country. We have represented several member plans in the
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40 October 2021 |