SLM Corp
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Compass Lexecon was retained by Eric Roth and Marc Wolinsky of Wachtell, Lipton, Rosen & Katz to act as experts on behalf of their clients, J.C. Flowers, J.P. Morgan and Bank of America, in connection with litigation concerning whether a material adverse change in Sallie Mae’s financial condition had occurred, thereby allowing Flowers and the buyers group to terminate their acquisition agreement without payment of any termination fee. The case ultimately settled on very favorable terms to the buyers’ group prior to expert testimony.