In August 2015, U.S. Renal Care, Inc. announced a $640 million acquisition of DSI Renal. Both companies provide life-sustaining hemodialysis and peritoneal dialysis services for end-stage renal disease. A Compass Lexecon team including Jon Orszag, Eugene Orlov, Otto Hansen and Ben Xiao was retained by Marc Williamson, Amanda Reeves, and … Continued
Compass Lexecon teams in Washington, DC and Madrid supported Cravath, Swaine & Moore LLP, Uría Menéndez and Bowman Gilfillan, outside counsel for Grupo FerroAtlántica, and Latham & Watkins LLP, outside counsel for Globe Specialty Metals in seeking approval of Grupo FerroAtlántica’s proposed acquisition of Globe Specialty Metals from the United … Continued
Compass Lexecon Senior Consultant Professor Bradford Cornell was retained by Michael Kraut, Rollin Chippey, II and Benjamin Smith of Morgan, Lewis & Bockius LLP, Jean-Marie Atamian of Mayer Brown LLP and Thomas Ross Hooper of Seward & Kissel LLP, to advise Deutsche Bank, HSBC, Law Debenture Trust Company of New … Continued
Five Compass Lexecon Experts Testify at the Hearing for Webcasters In a December 2015 decision, the Copyright Royalty Board (CRB) concluded “Web IV,” a multi-year process to determine the statutory royalty rate paid by non-interactive internet radio webcasting services such as iHeartRadio (formerly Clear Channel) and Pandora to copyright holders … Continued
In the context of an investigation by the European Commission (EC) regarding allegedly collusive practices of a number of investment banks relating to the potential on-exchange trading of Credit Default Swaps (CDS), a Compass Lexecon team in the Paris office (David Sevy, Frédéric Palomino and Jérémiah Juts) was retained by … Continued
Compass Lexecon President Daniel R. Fischel Argued Synergies Claimed by Acquirer Were Overstated In July 2015, Mylan N.V., a pharmaceutical firm based in the Netherlands, announced an unsolicited tender offer to acquire Perrigo Company plc, an Irish pharmaceutical firm. Mylan claimed in its offering materials that the acquisition of Perrigo … Continued
This case was an ICC arbitration involving a breach of contract dispute between Respondent, a Fortune 100 company, and Claimants, its local partners in Ecuador and Colombia. The action related to Respondent’s termination of their partnership. Claimants alleged that the termination was not in accordance with contractual terms and local … Continued
Following an Article 101 infringement decision by the European Commission relating to car glass manufacturers, insurance company HUK Coburg claimed compensation for alleged damages before the Dusseldorf Regional Court, on the ground that HUK allegedly incurred excessive costs upon reimbursing for car glass that was replaced, because the prices of … Continued
German-based industrial filter manufacturer Mann + Hummel announced its planned acquisition of the global filtration operations (excluding South America operations) of Affinia Group in August 2015. The two companies both supply on- and off-road filter products, such as air, oil, and gas filters for passenger cars, as well as other filter products. Mann + Hummel … Continued
Compass Lexecon Senior Consultant Professor Bradford Cornell was retained by counsel for Kenneth Griffin to address key valuation issues in Mr. Griffin’s divorce proceeding. Professor Cornell’s analyses involved, among other things, the estimation of Ken Griffin’s net worth, including the value of his majority stake in the hedge fund, Citadel. … Continued