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Cravath sued over role in Air Products' $5.1 bn Airgas bid
24 Industrial gas producer Airgas filed suit against Cravath, Swaine & Moore last Friday over the firm's role as legal adviser to rival Air Products and Chemicals on its $5.1 billion bid for Airgas.Airgas has turned to takeover defense experts Daniel Neff and David Katz from Wachtell, Lipton, Rosen & Katz in a move to deflate the Air Products bid.
Air Products is represented by Jim Woolery and Minh Van Ngo of Cravath Swaine & Moore who just advised Affiliated Computer Services in its buyout by Xerox.
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