Compass Lexecon President Daniel R. Fischel and Professor Bradford Cornell Testify at Trial After Lehman Brothers Holdings Inc., (“Lehman”) filed for bankruptcy, Trustees for 244 RMBS Trusts filed claims arising out of alleged breaches of representations and warranties on mortgages conveyed to the Trusts. In 2012, the parties agreed to … Continued
In the sprawling LIBOR-Based Financial Instruments Antitrust Litigation matters, Plaintiffs sought certification of three separate classes: (i) traders of Eurodollar futures and options on futures traded at the Chicago Mercantile Exchange (the Exchange-Based Plaintiff Action); (ii) financial institutions that made loans paying interest based on LIBOR (the Lender Plaintiff Action); … Continued
Compass Lexecon expert Dr. Manuel A. Abdala was retained by Novenergia II Energy & Environment (SCA) SICAR (Claimant) as economic and quantum expert in an Energy Charter Treaty arbitration against Spain, held under SCC rules. The dispute centered on several claims affecting the value of Claimant’s investments in eight photovoltaic … Continued
Compass Lexecon was retained in the first two cases decided following the Delaware Supreme Court’s landmark decision in In re: Appraisal of Dell, Inc. (C.A. No. 9322-VCL). The courts in both cases reached fair value determinations below the respective deal prices resulting in victories for Compass Lexecon clients, Verizon and … Continued
Compass Lexecon Expert Dr. Elizabeth Wang Testifies Successfully at Trial On January 11, 2018, the Intermediate People’s Court in Shenzhen, China entered a ruling in favor of Compass Lexecon client Huawei Technologies Co., Ltd., a leading smartphone manufacturer, in a patent infringement suit against Samsung that involved cross-licensing of wireless … Continued
In November 2017, Maple Leaf Foods Inc., which owns the Lightlife brand as well as other products, agreed to purchase Field Roast Grain Meat Company, SPC. Lightlife and Field Roast are two leading plant-based protein brands in the United States and Canada. A Compass Lexecon team provided economic and econometric … Continued
On December 18, 2017, Judge Richard Seeborg of the U.S. District Court for the Northern District of California granted summary judgment in favor of Compass Lexecon’s clients in two related matters involving alleged price fixing by manufacturers of optical disk drives (“ODDs”). In one case, Judge Seeborg granted summary judgment … Continued
On December 21, 2017, Judge James V. Selna of the U.S. District Court for the Central District of California ruled in favor of Compass Lexecon’s client, TCL Corporation, in a patent infringement suit involving the setting of Fair, Reasonable and Non-Discriminatory (FRAND) rates for a portfolio of wireless patents. Compass … Continued
Compass Lexecon assisted Agrium and Potash Corporation of Saskatchewan in obtaining regulatory approval for their $36 billion merger of equals, which creates the largest crop nutrient company in the world. The merger involved multiple crop fertilizer products, such as nitrogen, phosphate and potash fertilizers, in multiple jurisdictions, including the United … Continued