Compass Lexecon client Prudential Insurance Company of America successfully defeated class certification in a matter brought by Plaintiffs representing a putative class of employer-sponsored life insurance beneficiaries. Plaintiffs contended that the method of payment of the life insurance benefits did not follow plan policies which stated that payment would normally … Continued
In September 2016, the Third Circuit affirmed a Pennsylvania Federal Court’s April 2015 dismissal of Mylan Pharmaceutical’s (Mylan) suit against Compass Lexecon client Warner Chilcott, PLC (Warner Chilcott), finding that Mylan had defined the oral tetracycline market too narrowly and that Warner Chilcott’s Doryx product had at most an 18 … Continued
Jonathan Orszag was retained by Discovery Communications, Inc. and their outside counsel, Theodore E. Tsekerides and David L. Yohai from Weil, Gotshal & Manges LLP, to file an expert report and testify regarding a contract dispute between Discovery Communications, Inc. and Sky Angel, a content distribution company. In 2010, Discovery terminated … Continued
On September 26, 2016, the U.S. Second Circuit Court of Appeals ruled in favor of American Express in U.S. et al. v. American Express Co. et al. The Second Circuit reversed and remanded, with instructions to enter judgment in favor of American Express, a district court ruling that American Express’ … Continued
Over the course of a 10 month case, Compass Lexecon assisted counsel from Gibson, Dunn & Crutcher LLP in securing required regulatory approvals in multiple countries for Marriott International Inc.’s merger with Starwood Hotels and Resorts Worldwide, Inc. This process culminated with the final required approval, by the Chinese Ministry … Continued
Compass Lexecon was retained by counsel for HP Inc. to evaluate the competitive effects associated with HP’s acquisition of the worldwide printer business from Samsung Electronics, Ltd., and to develop economic support for expediting regulatory approval in the United States. Both HP and Samsung are leading suppliers of printers sold … Continued
In September 2016, the European Commission conditionally cleared the joint venture between the Italian mobile telecoms operators Hutchison 3G Italy and Wind (a subsidiary of Vimpelcom). The transaction combined the fourth and third largest Italian mobile network operators and created the largest mobile network operator in Italy. To address the … Continued
In September 2016, District Judge Alison J. Nathan granted a motion for partial summary judgment brought by Compass Lexecon’s client Carfax, the leading provider of vehicle history reports (VHRs) in the U.S. The Plaintiffs alleged that Carfax had exclusive dealing arrangements with car manufacturers and used car listing websites that … Continued
In September 2016, the U.S. Court of Appeals for the Ninth Circuit affirmed a March 2014 U.S. District Court decision, granting summary judgment to Defendant Honeywell International, Inc. (Honeywell) on antitrust claims brought by Aerotec International, Inc. (Aerotec). Aerotec is an independent provider of maintenance, repair and overhaul (MRO) services … Continued
Compass Lexecon was retained by counsel for Deutsche Bank National Trust Company as Trustee to evaluate a proposed $695 million settlement between 99 Trusts, JP Morgan and the FDIC. The Trusts had purchased mortgage loans from Washington Mutual. After Washington Mutual was shut down, the FDIC was appointed receiver and … Continued