Over a six month period, Compass Lexecon assisted counsel from Cleary Gottlieb Steen & Hamilton LLP in securing regulatory approval for Dow Chemical Co.’s (“Dow”) merger with E.I. du Pont de Nemours and Co. (“DuPont”). This process culminated with the European Commission clearing the merger in March 2017 and the … Continued
On June 9, 2017, in an opinion authored by Judge Richard A. Posner, the Seventh Circuit Court of Appeals affirmed the grant of summary judgment to Compass Lexecon’s client, OSF HealthCare Systems (d/b/a St. Francis Medical Center), on all claims of monopolization leveled against it by cross-town rival Methodist Health … Continued
Compass Lexecon expert Michael Kwak was retained by counsel for Claimants in a New York State Arbitration to assess economic damages from past and future principal and interest payments related to a stream of payments due under a note issued by the Seminole Tribe of Florida. The payments were collateralized … Continued
Compass Lexecon was retained by counsel for Sherwin Williams Co. to evaluate the competitive effects associated with Sherwin Williams’ acquisition of The Valspar Corp., and to develop economic support for expediting regulatory approval in the U.S. Both Sherwin Williams and Valspar are leading suppliers of architectural and industrial coatings sold … Continued
A FTI/Compass Lexecon team led by Scott Jones, Eric Henson and Andrew Lemon provided analysis of class certification issues related to alleged trespassing and other inappropriate land-use claims in U.S. District Court in both Arizona and the Central District of California against our client, Union Pacific. In February and May … Continued
A Compass Lexecon team, led by expert Dr. Mark Israel, was retained by Davis Polk & Wardwell LLP, counsel for Advanced Semiconductor Engineering (ASE) to assist with obtaining regulatory approval of its proposed merger with Siliconware Precision Industries (SPIL). The two Taiwanese companies are among the largest providers of Outsourced … Continued
In August 2016, Ritchie Bros., the world’s largest industrial auctioneer of construction, transportation and other equipment and trucks, entered into an agreement to acquire IronPlanet, a leading online marketplace for used heavy equipment and other durable assets. In May 2017, the Department of Justice (DOJ) unconditionally approved the merger after … Continued
Compass Lexecon’s expert Marcelo Schoeters was retained by Abertis Infraestructuras S.A. to provide expert testimony on the economic impact of a number of regulatory measures undertaken by the Plurinational State of Bolivia, which ultimately led to the nationalization of Servicios de Aeropuertos Bolivianos S.A. (“SABSA”). SABSA held concession rights to … Continued
Court Tracks Analysis and Testimony of Compass Lexecon Affiliate Professor Robert M. Daines One of AIG’s largest shareholders, Starr International Company, Inc. (“Starr”) sued the United States, alleging that the Government’s acquisition of AIG equity in connection with its bailout of the firm and subsequent actions relating to a reverse … Continued
In May 2017, the State of Illinois reached a tentative settlement agreement with the last remaining Defendant in the last remaining proceeding in the multidistrict TFT-LCD price-fixing antitrust litigation. This capped roughly ten years of Compass Lexecon involvement, from the class certification phase of the case through this final settlement. … Continued