White & Case began in 1901 with the founding of a single, two-room office in New York City's financial district, where our lawyers dedicated themselves to the needs of the banking and finance community. The firm is also a pioneer among global firms. Starting more than 30 years ago, we built a global network that allows us to serve our clients across the many markets that matter today. We define the global law firm.
In the US, we work across the spectrum of law, from offices in six of the country's most significant commercial hubs – Boston, Los Angeles, Miami, New York, Silicon Valley and Washington, DC. We handle the most complex, precedent-setting legal matters that businesses face – whether their legal implications end in the US, or extend across borders.
We bring local depth and global breadth to bear in the areas of law that affect our corporate clients, which benefit from outstanding counsel in such areas as mergers and acquisitions, banking and financial services, restructuring and bankruptcy, commercial litigation, intellectual property, antitrust, arbitration, real estate, legislative reform, project finance, securities, sovereign law, environmental law, international trade, tax and employment law.
We are among a select group of global law firms that are able to meet the cross-border and domestic needs of the most notable businesses in the US, helping them to overcome difficult challenges and seize upon exciting opportunities. We work with the world's most established and respected companies, including 75 percent of the Global Fortune 100 and 25 percent of the Fortune 500, as well as with start-up visionaries, governments and state-owned entities.
AWARDS & RECOGNITION
Cross-Border Law Firm of the Year
M&A Advisor 2016
Second-Most Innovative Law Firm in North America
The Financial Times' Innovative Lawyers Report 2015
"Competition All-Star"—the only firm named Competition Practice of the Year for five consecutive years
Law360 2011 – 2015
Practice Group of the Year in Competition, Class Action and International Trade
Number One International Arbitration Practice globally
Global Arbitration Review 2015
Number One Global Law Firm for Project Finance
Project Finance International Legal Report 2015
Chapter 11 Reorganization of the Year
The M&A Advisor 2014
Landmark pharma/healthcare acquisitions for Anthem, Hikma and CVC Capital Partners, 2015
We represented Anthem, Inc. in its pending US$54.2 billion transformative acquisition of Cigna Corporation, a combination which will create a premier health benefits company, expected to serve approximately 53 million medical members. This transaction included advising on a US$26.5 billion bridge term loan facility to create the largest US health insurer.
We represented Hikma Pharmaceuticals PLC in its US$2.65 billion acquisition of the US-based generic drugs businesses, Roxane Laboratories and Boehringer Ingelheim Roxane, from German drug maker Boehringer Ingelheim.
We also advised CVC Capital Partners in leading a consortium including Singapore-based Temasek Holdings and Vatera Healthcare Partners in their acquisition of a controlling stake in Alvogen, a leading generic pharmaceuticals company.
Freeport LNG in the largest fully non-recourse construction project financing in history
We have represented Freeport LNG in more than $16 billion of cash equity, mezzanine debt, senior secured bank financings, interest rate hedging transactions, and project bond issuances for the first three trains of the Freeport LNG multi-train natural gas liquefaction facility at Quintana Island in Texas. The individual trains comprising the facility are separately owned and financed by subsidiaries of Freeport LNG. To date, our representation has included: a US$1.2 billion negotiated joint venture between Freeport LNG and Osaka Gas and Chubu Electric for train 1; a US$1.3 billion cash equity auction won by Industry Funds Management (IFM) for train 2; a US$925 million mezzanine financing in lieu of equity for train 3; a US$4.369 billion export credit agency-supported debt financing and associated interest rate hedging arrangements for train 1; a US$4.025 billion mini-perm commercial bank financing and associated interest rate hedging arrangements for train 2; a US$3.64 billion mini-perm commercial bank financing and associated interest rate hedging arrangements for train 3; a US$1.25 billion issuance under Rule 144A of investment grade project bonds to partially refinance the commercial bank financing of train 2; and a follow-on US$600 million private placement of such investment grade bonds. Our work on this project financing has earned us The American Lawyer's "Global Project Finance Deal of the Year " award in July 2015, and the highest ranking possible – "Standout" – for "Innovation in Legal Expertise: Enabling Clients' Business" in the FT North America Innovative Lawyers Report in December 2015.
Largest industrial bankruptcy in US history (Energy Future Holdings)
After the largest leveraged buyout in history, declining energy prices forced the US$40 billion-plus bankruptcy of Energy Future Holdings. We represented a group of unsecured noteholders, who many alleged were completely out of the money with respect to their more than $5 billion of claims. Our representation of the noteholders in bankruptcy court litigation led to a confirmed plan under which our clients received (i) the opportunity to buy Energy Future Holdings' regulated utility Oncor and convert its parent into a real estate investment trust (REIT), and (ii) a down-side recovery, along with other unsecured creditors, of US$550 million in the event the transaction did not close. As a result of the imposition of certain regulatory conditions that made our client's acquisition of Oncor and conversion of its parent into a REIT financially unviable, our clients nonetheless received a significantly higher down-side recovery on their claims than was expected at the outset of the chapter 11 cases.
Occidental Petroleum Corporation, 2014
We represented Occidental Petroleum Corporation in challenging state protocols and US federal laws to secure the right to sell surplus electricity to the US power grid in California. Through careful navigation of the regulatory requirements, we developed an innovative solution that avoided pitting state and federal authorities against each other and ultimately allowed the company to refocus its strategy to increase oil and gas production at its Elk Hills Oil Field while improving efficiency and lowering operating costs. We earned a 'Standout' ranking by the Financial Times for this representation.
Toshiba Corporation, 2013
We successfully represented Toshiba Corporation in a much-publicized US private antitrust jury trial involving allegations of price-fixing in the LCD industry, brought by opt-out claimant Best Buy in the Northern District of California. We also represented Toshiba Corporation and several of its subsidiaries in another of the high-profile US jury trials concerning the US LCD price-fixing criminal investigation and related civil litigation in 2012, also in the Northern District of California. The case up-ended the conventional wisdom that the 'last man standing' in class-action trials pays the most in damages. These two trial victories are the highlights of more than five years of our successful defense strategy for Toshiba around the world.
DISH Network Corporation, 2013
We represented DISH Network Corporation, a leader in satellite TV, equipment sales and support worldwide, in its US$25.5 billion unsolicited proposal to acquire Sprint Nextel Corporation. The transaction was one of the largest deals of 2013 and was a challenging unsolicited transaction involving the attempted breakup of an existing merger agreement between Sprint and SoftBank as well as Sprint's then pending acquisition of the outstanding shares of Clearwire that it did not already own.
Quintiles Equity Offerings, 2013-2014
We have represented the underwriters in three significant registered offerings by Quintiles Transnational Holdings Inc. or its shareholders since May 2013. Quintiles is the world's largest provider of biopharmaceutical development services and commercial outsourcing services. The IPO in May 2013 raised aggregate proceeds of US$1.1 billion for the company and several of its selling shareholders. Subsequently, we also represented the joint book-running managers in connection with the secondary offering of shares of common stock by certain selling shareholders, raising aggregate proceeds of US$897 million for those shareholders. Most recently, we represented the sole underwriter in connection with the secondary offering/block trade of 13 million+ shares of common stock by certain selling shareholders and the subsequent repurchase by Quintiles of 4 million+ shares of common stock. The offering raised over US$772 million of aggregate proceeds for the selling shareholders.
US$3 billion merger of world's two largest beverage can manufacturers
We advised the joint lead arrangers and bookrunners in Ball Corporation's acquisition of Rexam PLC. All cross-border documentation was negotiated and executed in less than two weeks.
Patent dispute victories for one of the world's leading semiconductor manufacturers
We won two total victories for GlobalFoundries over plasmic semiconductor processing systems before the US Patent and Trademark Office's Patent Trial and Appeals Board.
Historic judgment in antitrust "product-hopping" case
We clinched the first summary judgment in US history ever granted in an antitrust "product-hopping" case, concerning Warner Chilcott's Doryx®.
Industrial and Commercial Bank of China Limited, 2012
We represented Industrial and Commercial Bank of China Limited (ICBC), the largest bank in the world in terms of total market capitalization, customer deposits and net profit, in the acquisition of an 80 percent interest in The Bank of East Asia (USA) National Association. The transaction, which marks the first-ever acquisition of a US retail bank by a Chinese bank, was featured as one of the 'Most Innovative M&A Transactions in the United States' by The Financial Times (2012). The transaction also received an 'M&A Deal of the Year Award' by The M&A Advisor (2012) and Asian-MENA Counsel (2012) and was named 'Outbound M&A Deal of the Year' by China Business Law Journal (2012).