2/4/2009 - The Doctors Company Acquisition of SCIPE Holdings, Inc.
Meg Guerin-Calvert and Jon Orszag were retained by The Doctors Company (TDC) and SCPIE Holdings Inc. (SCPIE) in TDC’s proposed acquisition of SCPIE. TDC and SCPIE were two of the largest providers of medical malpractice insurance in California. With numerous references to the white paper submitted by Compass Lexecon on TDC’s behalf, the California Attorney General’s office concluded that the acquisition would not substantially lessen competition in insurance in California and agreed with Compass Lexecon’s assessment that the relevant market must be expanded to include alternative risk vehicles as well as traditional insurance thus decreasing overall market share. SCPIE was represented by Marc Williamson and David Zaheer of Latham & Watkins LLP and The Doctors Company was represented by Philip Peters of Thelen Reid Brown Raysman & Steiner LLP and Hilary Rowen at Sedgwick, Detert, Moran & Arnold LLP.