April 11, 2023
The U.S. Department of Justice can't hit the brakes on its own "fast-moving train," a D.C. federal judge said during a hearing Tuesday, admonishing the DOJ for complaining about last-minute company filings as Assa Abloy defends its $4.3 billion pickup of Spectrum Brands' hardware and home improvement business.
March 29, 2023
If the U.S. Department of Justice and Assa Abloy ever want to take a break from their legal fight over the Swedish lock giant's $4.3 billion pickup of Spectrum Brands' hardware and home improvement business, the new judge on their case says she's down to umpire a game of softball.
March 14, 2023
The new D.C. federal judge overseeing the U.S. Department of Justice challenge of Swedish lock giant Assa Abloy AB's planned $4.3 billion pickup of Spectrum Brands' hardware and home improvement business gave the parties homework on Tuesday, telling them to better explain how she should view the companies' divestiture plans.
March 08, 2023
The U.S. Department of Justice's case against Swedish lock giant Assa Abloy AB and its proposed $4.3 billion pickup of Spectrum Brands' hardware and home improvement business is getting a new judge, the freshly seated U.S. District Judge Ana C. Reyes.
February 21, 2023
Despite a tongue-lashing from the judge overseeing the case, the U.S. Department of Justice and Assa Abloy have been able to reach only a very "narrow" understanding on the set of issues they were supposed to be sorting out ahead of trial.
January 18, 2023
A D.C. federal judge chastised the U.S. Department of Justice and Assa Abloy for their "posturing" and "condescension," which she warned Wednesday is miring the path to trial on the government challenge to the Swedish locks giant's $4.3 billion proposed purchase of Spectrum Brands' hardware and home improvement division.
January 10, 2023
A D.C. federal judge said Tuesday that a group of law professors are allowed to weigh in on a U.S. Department of Justice challenge to Assa Abloy's $4.3 billion acquisition of the hardware and home improvement division of Spectrum Brands, ruling that Assa Abloy cannot stop them from filing an amicus brief just because the company disagrees with their analysis.
January 05, 2023
A group of law professors has asked a D.C. federal court for permission to weigh in on the U.S. Department of Justice's challenge to Swedish locks giant Assa Abloy AB's $4.3 billion proposed purchase of Spectrum Brands Inc.'s hardware and home improvement division.
December 05, 2022
The U.S. Department of Justice challenge to Swedish locks giant Assa Abloy's $4.3 billion proposed purchase of Spectrum Brands' hardware and home improvement division remains on track for a mid-April trial, for now, with the DOJ saying Monday that it needs time to evaluate a proposed divestiture.
December 02, 2022
Swedish locks giant Assa Abloy said on Friday that it will sell some of its businesses to a security company for $800 million in response to opposition from the U.S. Department of Justice over its planned $4.3 billion deal to buy divisions of a home products firm.