Years: 2014

Port Authority User Fee Controversy

In this case, nine foreign ocean carriers challenged a user fee provision that was instituted by the Port Authority of New York and New Jersey in 2011 to recoup the costs of an on dock rail system and various other expenditures. Compass Lexecon was retained by Richard Rothman and Peter … Continued

In Re: Activision Blizzard, Inc. Stockholder Litigation

This matter involved a stockholder class and derivative action against certain current and former members of the Board of Directors (the “Board”) of Activision Blizzard, Inc. (“Activision” or the “Company”) , Activision’s former majority stockholder Vivendi S.A. (“Vivendi”), and certain investment vehicles, ASAC II LP (“ASAC”) and ASAC II LLC … Continued

Valeant and Pershing Square v. Allergan Takeover Litigation

In April and May 2014, Valeant made various proposals to acquire Allergan and in June 2014 Valeant launched a tender offer. Entities related to Pershing Square and Valeant purchased approximately 10 percent of the outstanding shares of Valeant prior to the public announcement of various takeover proposals. Allergan subsequently accused … Continued

Compass Lexecon’s Expert Dr. Manuel Abdala Assists ICC Tribunal in Setting Transaction Price for MHTL’s Shares in a Shareholder Dispute Involving Oppression

Compass Lexecon was retained by the Barbados-based Consolidated Energy Limited (CEL) to provide expert testimony in its shareholder dispute against its former partners, CLICO and CL Financial (CLF), regarding the value and control of MHTL, one of the largest worldwide methanol and UAN companies based in Trinidad and Tobago. The … Continued

Court Relies on Compass Lexecon’s Expert Professor Janusz Ordover in Rejecting Class Certification In re Optical Disk Drive Antitrust Litigation

On October 3, 2014, Judge Richard Seeborg of the U.S. District Court for the Northern District of California issued an order denying class certification in a matter involving alleged price fixing by manufacturers of optical disk drives (“ODDs”), which include CDs, DVDs and Blu-Ray ODDs. Two groups of plaintiffs, direct … Continued