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Competition

  • July 16, 2018

    AbbVie Protests FTC Interest Hike In AndroGel Case

    AbbVie Inc. has accused the Federal Trade Commission of suddenly hiking the interest rate it and an affiliate must pay on a $448 million penalty over sham patent suits that delayed generic drug rollouts and extended their monopoly on AndroGel.

  • July 16, 2018

    Debevoise Nabs Former FTC Chief Trial Atty From O'Melveny

    Debevoise & Plimpton LLP announced Monday it has bolstered its antitrust practice in Washington, D.C., with the hiring of Edward D. “Ted” Hassi, an antitrust partner who previously served as chief trial counsel for the Federal Trade Commission and comes most recently from O'Melveny & Myers LLP.

  • July 16, 2018

    Executive Order Boosts Fears Of Politically Influenced ALJs

    An executive order signed last week by President Donald Trump eliminating the competitive examination and selection procedures for appointing administrative law judges has heightened concerns that both the ALJ hiring process and decisions made by the judges will be unduly influenced by politics, legal experts said Monday.

  • July 16, 2018

    Linde Sells Gas Assets For $3.3B To Help Praxair Approval

    Linde AG on Monday said it will offload various parts of its North and South American business interests to a joint venture between Messer Group GmbH and a CVC Capital Partners fund for $3.3 billion in an effort to obtain antitrust approval for the German gas company’s proposed $70 billion tie-up with Praxair Inc.

  • July 16, 2018

    Banks Seek Toss Of Claims Against Affiliates In Libor MDL

    Bank of America and JPMorgan Chase asked a New York federal court on Friday to dismiss claims against the subsidiaries and affiliates of banks that allegedly conspired to manipulate the London Interbank Offered Rate, saying those affiliates could not have plausibly contributed to the scheme.

  • July 16, 2018

    Japanese Airline Blasts Expert's Fares In Price-Fixing MDL

    A Japanese airline has urged a California federal judge to utterly disregard the prices set by an expert to bolster allegations that it conspired with other airlines to fix prices on long-haul flights to Asia-Pacific destinations, arguing that the numbers simply don't add up. 

  • July 16, 2018

    Mitsubishi Settles Another Piece Of Car Parts MDL For $7M

    Two Mitsubishi units are settling out of another piece of a sprawling antitrust multidistrict litigation accusing auto parts manufacturers of a price-fixing conspiracy, with a class of car buyers and drivers moving for preliminary approval Friday of their $6.84 million deal in Michigan federal court.

  • July 16, 2018

    Foreign Banks Want Out Of Canadian Rate-Rigging Suit

    Foreign banks including Deutsche Bank AG, HSBC Bank PLC and the Royal Bank of Canada urged a New York federal court on Friday to dismiss a proposed class action accusing them and their affiliates of conspiring to rig a benchmark interest rate linked to the cost of borrowing Canadian dollars, saying the U.S. lacks jurisdiction.

  • July 16, 2018

    FCC Chief Seeks To Challenge Sinclair-Tribune Tie-Up

    Federal Communications Commission Chairman Ajit Pai said Monday morning that he is asking his fellow commissioners to refer Sinclair Broadcast Group Inc.’s proposed merger with Chicago-based Tribune Media Co. to an administrative law judge for review.

  • July 16, 2018

    FCA Moves To Shake Up £500B Online Investment Market

    Competition in the U.K.’s £500 billion ($663.2 billion) investment platform sector is “not working as well as it should,” the Financial Conduct Authority warned on Monday as it set out proposals to help customers switch services more easily.

  • July 13, 2018

    Arista Says Cisco Cost It $160M As Antitrust Trial Nears

    Just weeks before trial in Arista Networks Inc.’s antitrust suit against Cisco Systems Inc., the parties squared off Friday in California federal court over Arista's bid to introduce expert testimony that it lost about $160 million after Cisco asserted copyright violations to block sales of competing ethernet switches.

  • July 13, 2018

    Tronox, Cristal Fight FTC's Court Bid To Pause $2.4B Deal

    Tronox Ltd. has urged a D.C. federal court to reject the Federal Trade Commission’s bid to pause the company’s $2.4 billion purchase of Saudi-owned chemical mining company Cristal, saying the agency is trying to block the deal by running out the clock through a lengthy administrative proceeding.

  • July 13, 2018

    Kavanaugh's Nomination Could Be A Win For Big Telecom

    As a D.C. Circuit judge for the last 12 years, U.S. Supreme Court nominee Brett Kavanaugh has a well-defined record on telecom issues that has benefited large internet service providers and cable companies when faced with complaints that they have harmed competition and when they face zealous regulators.

  • July 13, 2018

    Qualcomm Says Buyers Have No Say In IPhone Import Row

    Smartphone consumers pursuing antitrust multidistrict litigation over Qualcomm’s patent licensing practices can’t block the chipmaker from trying to force Apple to only import iPhones with Qualcomm chipsets, Qualcomm told a California federal judge Thursday, arguing the import matter is totally unrelated.

  • July 13, 2018

    FTC Wants To Keep Fighting Opana Pay-For-Delay Deal

    The Federal Trade Commission has sought to revive allegations of a pay-for-delay scheme between Endo Pharmaceuticals and generic-drug maker Impax to stall the launch of a generic for opioid medication Opana ER, saying an administrative law judge erred in finding the pro-competitive benefits of the deal outweighed its competitive harms.

  • July 13, 2018

    FCC Hears Roar Of Opposition To Sinclair-Tribune Merger

    The Federal Communications Commission received a flood of comments on the proposed $3.9 billion Sinclair-Tribune merger Thursday, the last day for the public to weigh in on the latest proposal, with the vast majority of commenters opposing the deal.

  • July 13, 2018

    Bloomberg Says UBS Misused Proprietary Data

    Bloomberg Finance LP hit UBS AG with a suit in New York federal court Thursday accusing the bank of violating an agreement that bars it from redistributing proprietary data through its portfolio analysis and risk management software.

  • July 13, 2018

    Ortho's $19.5M Deal Ending Antitrust MDL Gets Initial OK

    A Pennsylvania federal judge on Thursday greenlighted Ortho-Clinical Diagnostics Inc.'s $19.5 million deal to resolve allegations in multidistrict litigation that the former Johnson & Johnson unit conspired with another company to fix prices on the reagents used in blood tests.

  • July 13, 2018

    UK Takeover Regulator Lifts Sky's Bid Floor For Disney

    The U.K.'s takeover regulator on Friday said that if the bidding wars over Sky PLC and 21st Century Fox's assets play out in a way that requires The Walt Disney Co. to bid on the British telecom giant, the California media behemoth cannot offer any less than £14 ($18.50) per Sky share.

  • July 13, 2018

    Class Counsel Get $6.9M In Libor Rigging Suit

    A New York federal judge has awarded $6.9 million to class counsel in investor litigation against the Bank of Tokyo-Mitsubishi UFJ Ltd. and Mitsubishi UFJ Trust and Banking Corp. for allegedly rigging the Libor, finding that a $30 million settlement was netted with "skill, perseverance and diligent advocacy." 

Expert Analysis

  • New Support For Insureds Facing Government Subpoenas

    Caroline Meneau

    A recent decision from the Northern District of Illinois highlights the continued litigation around the scope of directors and officers liability insurance coverage for government investigations. Astellas v. Starr is a win for policyholders, reasoning that compliance with a government subpoena is essentially mandatory, say Caroline Meneau and Brian Scarbrough of Jenner & Block LLP.

  • Opinion

    A Trump Supreme Court Nominee Can Be Defeated

    Nan Aron

    The Senate Republican leadership and the Trump administration are racing to fill Justice Anthony Kennedy’s spot on the U.S. Supreme Court. Does opposition to their plans have any chance of success? My answer is yes, because the stakes are so high, people are so engaged, and the records of those short-listed are so deeply troubling, says Nan Aron, president of Alliance for Justice.

  • Limiting Law Firms' Professional Liability Risks: Part 3

    Stuart Pattison

    As clients increasingly look to limit their own liability exposure, they can reasonably expect that their retained counsel should do the same. In this context, a carefully crafted, thoughtfully presented engagement letter can help a law firm strike a successful balance between protecting itself and preserving a client relationship, say Stuart Pattison and John Muller of Sompo International Holdings Ltd.

  • New Stats On Millennial Attorney Disciplinary Actions

    Jean Edwards

    In this analysis of disciplinary action trends in the legal industry, Edwards Neils LLC managing member Jean Edwards examines data provided by bar organizations for 17 states and the District of Columbia.

  • Limiting Law Firms' Professional Liability Risks: Part 2

    Stuart Pattison

    With law firms increasingly exposed to professional liability risks associated with their corporate client relationships, firms must craft well-structured client engagement letters to help protect against malpractice claims. Two key elements of an engagement letter are how it defines the scope of engagement and how it handles conflicts of interest, say Stuart Pattison and John Muller of Sompo International Holdings Ltd.

  • Series

    From Lawmaker To Lawyer: Prioritizing Is Always Key

    Joe Lieberman

    Today, members of Congress often seem able to blame colleagues of the other party for not getting anything done for their constituents. In law practice, you can’t really blame a bad result for your clients on the lawyers on the other side, says former Sen. Joe Lieberman, D-Conn., of Kasowitz Benson Torres LLP.

  • Limiting Law Firms' Professional Liability Risks: Part 1

    Stuart Pattison

    Corporate law departments are increasingly demanding more concessions from outside legal counsel, and presenting engagement letters that open the door to greater professional and cyber liability exposure for law firms — often beyond the scope of their insurance coverage. Firms must add their own language to engagement letters to limit liability, say Stuart Pattison and John Muller of Sompo International Holdings Ltd.

  • Series

    From Lawmaker To Lawyer: How Congress Affected My Career

    Yvonne B. Burke

    Being a former member of Congress put me in an advantageous position when I approached law firms in the late '70s, at a time when there were few female lawyers, and even fewer African-American lawyers, in major law firms, says former Rep. Yvonne B. Burke, D-Calif., a director of Amtrak.

  • Series

    From Lawmaker To Lawyer: DC Isn't As Bad As You Think

    Norm Coleman

    Popular culture paints the Hill as a place teeming with intrigue, corruption and malicious intent. But in Congress I learned important lessons about respecting people and the work they do, says former Sen. Norm Coleman, R-Minn., of Hogan Lovells.

  • Supreme Court Decision Weakens Deference To Foreign Laws

    Valarie Williams

    The U.S. Supreme Court's holding in Animal Science v. Hebei that a U.S. court is not bound by a foreign government's interpretation of its own laws is likely to have a lasting impact on legal decision-makers across the globe as they make determinations about deference to foreign laws, including U.S. laws, say attorneys at Alston & Bird LLP.