Damage Award One of the Largest, If Not the Largest, Award Ever After a Litigated Trial Court Relies on Testimony and Analysis of Compass Lexecon’s President Professor Daniel R. Fischel The case involved claims by certain minority shareholders in YPF...

On September 1, 2023, Amgen Inc. (Amgen) and the Federal Trade Commission (FTC) announced that they had reached a settlement to end the litigation challenging Amgen’s proposed acquisition of Horizon Therapeutics plc (Horizon). The challenge to the merger, filed in...

The USAID Energy Security Project (ESP) and Compass Lexecon re-launch the project “Resource Adequacy Assessment of the Integrated Power System of Ukraine”, with the goal to prepare scenarios and plans for the reconstruction and development of Ukraine’s power system. Situation...

Court Relies on Analyses of Compass Lexecon Expert Professor Kenneth M. Lehn On August 14, 2023, Chancellor Kathaleen Saint Jude McCormick of the Delaware Court of Chancery ruled that the fair value of Pivotal Software, Inc. (“Pivotal”) shares was $14.83...

Compass Lexecon was instructed by EDF to analyse the opportunities and potential benefits related to the development of a series of NUWARD SMRs in France, in the context of energy transition. New nuclear small modular reactor technology (SMRs) can provide...

Compass Lexecon client, Hapag Lloyd, an international liner shipping company, successfully received unconditional phase 2 approval for the acquisition of SAAM from the Chilean competition authority, the "FNE". SAAM is a major port and logistics operator in the Americas and...

Court Relies on Testimony of Compass Lexecon Expert Professor Dennis W. Carlton Compass Lexecon was retained by Microsoft and Activision Blizzard to provide economic analysis and expert testimony regarding the competitive effects and procompetitive efficiencies arising from Microsoft’s proposed acquisition...

On 31 May 2023, Impala Platinum Holdings Ltd (Implats) acquired a 9.26% shareholding in Royal Bafokeng Platinum (RBPlat) from the Public Investment Corporation (PIC), raising its total shareholding to 55.46% and securing its majority control over RBPlat. Compass Lexecon supported...

On May 31, 2023, Viasat closed its $7.3 billion acquisition of Inmarsat. Compass Lexecon was retained by counsel at Latham & Watkins and Steptoe & Johnson to represent the parties in connection with the deal, which combines two of the...

Supreme Court Repeatedly Cites and Quotes from Trial Testimony of Musk’s “Main Expert” Compass Lexecon President Professor Daniel R. Fischel On June 6, 2023, the Supreme Court of the State of Delaware upheld a ruling in favor of Compass Lexecon’s...

Court’s Ruling Agrees with Testimony of Compass Lexecon Affiliate Professor Anindya Ghose In December 2018, the District of Columbia (“DC”) filed a complaint in DC Superior Court against Meta Platforms, Inc., formerly known as Facebook, Inc., alleging violations of DC’s...

On 28th March 2023, The Yokohama Rubber Co., Ltd.'s EUR 2,074 million acquisition of Trelleborg Wheel Systems Holding AB cleared merger control in all global jurisdictions, including both the EEA and the UK at Phase 1. Compass Lexecon supported the merging...

Delaware Vice Chancellor Rejects Conflict and Overpayment Claims in their Entirety On July 28, 2016, Oracle Corporation, a leading provider of application, platform, and infrastructure products and services, announced an acquisition of NetSuite Inc., a provider of cloud-based financials and...

The European Commission cleared Orange’s €1.8 billion acquisition of VOO and Brutélé, subject to a number of behavioural commitments. Orange, VOO and Brutélé are all active in the Belgian fixed and mobile telecommunications sector, as well as in offering TV...

Energy experts of Compass Lexecon advised the pan-European electricity industry association, Eurelectric, on a market design reform study in Europe for the transition to a net-zero economy by 2050. The dramatic electricity price increases in Europe in the past years...

On March 10, 2022, the Government of Canada approved the acquisition of Sunwing Vacations and Sunwing Airlines by WestJet Airlines Ltd., subject to conditions. In determining that the transaction was in the public interest, “the government considered a broad range...

The Department of Justice (“DOJ”) closed its investigation of the acquisition of NWEA by Veritas Capital’s portfolio company, Houghton Mifflin Harcourt (“HMH”), without issuing a second request. NWEA is a non-profit educational assessment company and HMH is an educational technology...

In September 2022, Parker-Hannifin Corporation (“Parker”) closed its acquisition of Meggitt PLC, after obtaining clearance from regulatory authorities. Compass Lexecon advised Parker during merger proceedings across the globe. The Compass Lexecon team in Europe was led by Neil Dryden and...

Jury Returns Complete Defense Verdict for Toyota On March 10, 2023, a Florida federal jury found in favor of Toyota Motor Corporation (“Toyota”) in a case involving an alleged air conditioning system defect in Toyota vehicles. The alleged defect relates...

In early March 2023, Voltalis completed a significant investment of nearly €100 million in order to equip 400,000 homes with smart management of electricity consumption. Smart management allows households to better monitor and control their consumption, thereby enabling them to...

In  February 2023, the German Bundeskartellamt cleared the acquisition by Unternehmensgruppe Theo Müller (“Müller”) of certain brands and production facilities of Royal Friesland Campina. Both parties are dairy producers with a significant brand presence in Germany. Compass Lexecon advised Müller...

Dr. Manuel A. Abdala and Julian Delamer were retained by Pluspetrol Norte S.A. (“Pluspetrol Norte”) to provide economic analysis in a commercial contract dispute involving the operation of a crude oil concession in the Peruvian Amazonia. Perupetro alleged that Pluspetrol...

In February 2023, online food delivery platform, iFood, agreed behavioural commitments with Brazil’s competition authority (Conselho Administrativo de Defesa Econômica, “CADE”) to conclude an inquiry into its exclusivity agreements with affiliated restaurants. After CADE’s almost 2.5 year-long investigation on whether...

On 17 February 2023, the Norwegian Supreme Court ruled in favour of Schibsted in the Finn/Nettbil merger case, thereby confirming the judgment by the Gulating Court of Appeal from 2022 and overturning the previous merger prohibition decision by the Norwegian...

Cerberus Capital Management, (“Cerberus”) a prominent private equity firm, filed a breach of contract action against the Canadian Imperial Bank of Commerce (“CIBC”) based on two complex structured finance transactions. The reference assets in these transactions consisted of credit fault...

Jury Deliberates for Less Than Two Hours On August 7, 2018, Elon Musk tweeted “Am considering taking Tesla private at $420. Funding secured.” In another tweet later that day, he wrote “Investor support is confirmed. Only reason why this is not certain...

At the beginning of November 2022, US-based consumer water services company Culligan International completed its combination with Waterlogic Holdings, a B2B provider of drinking water dispensers, after obtaining all necessary approvals from competition authorities. Compass Lexecon assisted Culligan throughout the...

Tribunal Relies on Testimony of Compass Lexecon Affiliate John A. List On December 9, 2022, the Federal Court of Australia ruled in favor of Google, which had engaged Compass Lexecon, and dismissed allegations by the Australian Competition and Consumer Commission...

Court Relies Heavily on Testimony of Compass Lexecon Expert Mark A. Israel Compass Lexecon was retained by Rogers Communications Inc. (“Rogers”) to provide economic analysis and expert testimony in support of a C$26 billion landmark merger between Rogers and Shaw...

In October 2022, tobacco giant Philip Morris International obtained conditional clearance from the European Commission to acquire Swedish Match. Compass Lexecon provided the Parties with economic advice on the competitive effects of the transaction. In May 2022, Philip Morris International...