Compass Lexecon affiliate David K.A. Mordecai filed multiple expert reports and provided deposition testimony on behalf of Ironshore Insurance in litigation against the company’s former asset manager, Western Asset Management Company. The dispute involved breach of contract and breach of fiduciary duty claims against Western Asset Management Company stemming from … Continued
Compass Lexecon economist David Weiskopf was retained by Mark Cunningham and David Radlauer of Jones Walker LLP to conduct economic analyses related to the proposed acquisition by Service Corporation International (SCI) of Stewart Enterprises, Inc. (Stewart) in the funeral and cemetery goods and services industry. Dr. Weiskopf was supported by … Continued
On December 19, 2013 a Compass Lexecon team, with Manuel Abdala and Marcelo Schoeters as experts, successfully assisted the Republic of Guatemala to defend against a US$243.6 million investment treaty claim by TECO Guatemala Holdings LLC, a subsidiary of Florida-based energy company TECO Energy. The dispute involved Guatemala’s alleged undue … Continued
Compass Lexecon economists Mary Coleman, David Weiskopf, and Peter Davis were retained by Garret Rasmussen, Antony Kim, Douglas Lahnborg, and Ryan Quillian of Orrick, Herrington & Sutcliffe LLP and Keith Jones and Alexandros Stratakis of Baker & McKenzie to conduct economic analyses of the proposed acquisition of MEI Conlux Holdings … Continued
On November 18, 2013 an Arbitration Panel ruled invalid the consent solicitation undertaken by Corvex Management LP (Corvex) and Related Fund Management, LLC (Related) in June 2013 to remove the Board of Trustees of CommonWealth REIT (CommonWealth). The Panel also upheld two key provisions of CommonWealth’s bylaws (the current share … Continued
Compass Lexecon was retained by Activision Blizzard, Inc. (Activision) in connection with litigation seeking to enjoin a transaction involving Activision’s repurchase of shares owned by majority shareholder Vivendi S.A. Compass Lexecon expert Kevin Dages submitted an affidavit in conjunction with the preliminary injunction hearing in which he provided economic evidence … Continued
On November 12, 2013, US Airways and American Airlines announced that they had reached a proposed settlement with the Department of Justice (DOJ) and several states to end the litigation challenging their merger and that, as a result, they expect to complete the merger by the end of 2013. Under … Continued
This case involved a class action brought on behalf of those who purchased and/or owned homes built by Pulte Homes after January 1, 2003 containing a certain type of insulation which allegedly caused property damage. Plaintiffs retained three experts who performed different parts of a damage calculation and collectively opined … Continued
FTC Relies Heavily on Econometric Analyses On November 1, 2013, the United States’ Federal Trade Commission provided regulatory clearance for the merger of OfficeMax and Office Depot, two of the largest office supplies retail chains in the United States. The office supplies industry attracted significant attention among the antitrust community … Continued
We were retained by counsel for Google Inc. and counsel for Google’s founders, Larry Page and Sergey Brin (the Founders), to analyze Plaintiff’s claims that Google’s April 12, 2012 proposal for the issuance of a new class of non-voting stock via a stock dividend was “a thinly veiled attempt to … Continued