The Washington, DC antitrust bar - Cleary Gottlieb
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Americas The Washington, DC antitrust bar As Washington, DC is roiled by political turmoil, its antitrust bar remains deeply rooted and largely stable – as well as the biggest and arguably most important in the world. Pallavi Guniganti and Charles McConnell review the merits of more than 40 competition practices in the US capitol Washington, DC is unquestionably a different place – Walgreen Boots Alliance’s acquisition of rival retail than it was two years ago, when GCR last surveyed pharmacy chain Rite Aid – has been cut down to a the city’s antitrust bar. Most obviously, the election of purchase of fewer than half of the shops after a lengthy Donald Trump has changed the leadership of the US FTC investigation. The presumption of laxer treatment Federal Trade Commission and US Department of of business under a conservative president has been Justice’s antitrust division, as well as other government complicated by Trump’s emphasis on retaining jobs departments that can affect competition through and campaign rhetoric against NBCUniversal, Time regulation. At the time of writing, the nomination Warner and Amazon. While the Committee for of Makan Delrahim as assistant attorney general Foreign Investment in the US vets deals for their effect for antitrust awaits a vote by the full Senate, and the on national security and not competition, an increas- president has yet to name a permanent head of the ing number of antitrust lawyers in Washington, DC FTC; the commission’s sole Republican, Maureen say they are hearing anxiety from Asian clients about Ohlhausen, has been acting chairman. the president’s “America First” slogan, interpreted as Many observers have said they expect the change potential hostility toward acquisitions of US compa- in political party to affect antitrust enforcement only nies by foreigners. slightly, if at all. They point out the non-ideological Six months into the Trump administration, most ini- nature of fighting cartels, which both parties generally tial fears that competition enforcement would decline regard as anticompetitive; the paucity of anti- as severely as it did during the Reagan Administration monopoly claims brought even during the Obama – a decline widely thought to have led to something Administration; and the standardisation of merger of a generation gap in the antitrust bar – appear to review that means distinctions between Republican have died down. With perhaps the exception of the and Democratic views show up only in the closest American Express litigation, which the DOJ declined of cases. to appeal to the US Supreme Court, the federal Though lawyers say their clients hope to do deals competition authorities continue to pursue the same that likely would have been blocked under the prior matters that they did last year. Law firms continue to administration, one tie-up seen as a possible bellwether regard their antitrust departments as a worthwhile 12
Americas investment, evidenced by a job market for both new lawyers and laterals that is no worse than the overall level of hiring in the profession. And the Washington, DC competition bar continues to be rivalled only by its Brussels counterpart for size, talent and importance. ELITE CLEARY GOTTLIEB STEEN & HAMILTON “is the best firm in the world,” says one competitor, and ‘second to none in DC.’ The firm’s nine full-time antitrust partners include long-time leaders of the bar such as George Cary, as well as the “great” David Gelfand, who returned in July 2016 after overseeing the Antitrust Division’s litigation for three years, and “strong, experienced young partners” such as Elaine Ewing. Kenneth Reinker and Daniel Culley were elected to the partnership in January 2017. After labouring as managing partner of the firm for six years, Mark Leddy has downshifted to the role of senior counsel. Left to right: Deborah Garza, Jonathan Gleklen, who will hand off the role of practice Cary and Ewing teamed up to win conditional Jonathan Gleklen, Mark Leddy chair to Feinstein in September. FTC clearance of Abbott Laboratories’ $25 billion Gleklen was the DC antitrust lead for General purchase of medical device maker St Jude Medical, and Electric’s acquisition of Baker Hughes, which the DOJ from the DOJ of Dow Chemical’s $130 billion tie-up cleared with a chunky divestiture in June 2017. Along with DuPont. Brian Byrne and Mark Leddy advised with Peter Levitas and Barbara Wootton, he is advising divestiture buyer MolsonCoors in the Anheuser Busch Monsanto on a proposed $66 billion acquisition by InBev/SABMiller beer blockbuster. Other major recent Bayer that remains under review after a lengthy second deals include Air Liquide/Airgas, cleared by the FTC request. With Wootton leading the team, Arnold in less than six months and with a more limited & Porter was among the trio of firms representing divestiture than the merger agreement anticipated; Monsanto on the now-abandoned sale of its Precision Western Digital/SanDisk, which passed through the Planting business to Deere. FTC without a second request; and Essilor’s $49 billion After winning unconditional clearance for AT&T’s acquisition of eyewear maker Luxottica, which has purchase of satellite TV provider DirecTV in 2015, gone to a second request in multiple jurisdictions. Richard Rosen and Maureen Jeffreys are now aiding The past year saw a string of litigation victories the telecommunications giant in its heavily-scrutinised as well. Cary worked with Leah Brannon to defend tie-up with media conglomerate Time Warner. “If I’m Sanofi’s loyalty discounts against a competitor’s getting sued, I want Rich Rosen to represent me,” a monopolisation claim at trial and on appeal. The two partner at another antitrust group says, and others also defeated regulations by the Texas Medical Board feel the same way. Rosen advised Cigna in its blocked that would have gutted their client Teladoc’s business acquisition by Anthem. Quieter merger matters model – the state has now passed legislation to enable include Wilson Mudge’s early termination for Komatsu/ telehealth providers. In the roll-on-roll-off vehicle Joy Global, and Michael Bernstein guiding AMC shipping follow-on action, Mark Nelson and Jeremy Theaters through a divestiture-conditioned approval Calsyn kept their district court win on appeal; they of its purchase of Carmike Cinemas. Mark Merley successfully argued that despite guilty pleas, follow-on represents Visa in the ATM fee litigation, which was damages were blocked by the Shipping Act of 1984. nearly heard by the Supreme Court; back in district Even where Cleary lost, it limited the loss, as in US court this year, the defendants beat ATM operators’ Airways’ jury verdict finding Sabre liable for damages bid for a preliminary injunction. When Arnold & – but less than 2% of what the airline originally claimed. Porter completed its own merger with Kaye Scholer in Various partners counsel Citigroup, HSBC and January 2017, it gained pharmaceutical specialist Laura Goldman Sachs in the many government investigations Shores, who helped a New York-based team fend off a and civil litigations aimed at financial institutions. monopolisation suit against Novartis. OUTSTANDING The quality of BAKER BOTTS’ litigators is reflected ARNOLD & PORTER KAYE SCHOLER has benefited in the FTC’s penchant for stealing them. Just before from the end of the Obama administration by Stephen Weissman’s return to the firm in late 2015, regaining three antitrust partners in Washington, DC partner Charles Loughlin left to serve as the agency’s who had been in government since 2013: William Baer chief trial counsel, and in January 2017 Thomas and Sonia Pfaffenroth at the Antitrust Division, and Dillickrath became Loughlin’s deputy. Practice chairs Deborah Feinstein at the FTC. Their returns will boost Weissman and John Taladay say they are “in hiring a group that had maintained a high standing in their mode,” as the firm invests in a profitable antitrust absence. “We are as busy as we ever have been,” says group that has doubled in revenues and size since it www.globalcompetitionreview.com 13
Americas Head(s) of Who’s Who Legal Firm Size Clients competition nominees Elite Leah Brannon Abbott Laboratories, Air Liquide, Citigroup, 9 partners Jeremy J Calsyn Cleary Gottlieb Steen & Coca-Cola, Deutsche Telekom, Dow Chemical, Not applicable 2 counsel George S Cary Hamilton GlaxoSmithKline, Google, HSBC, IMS Health, Keurig, 50 associates Mark Leddy Lafarge, Teladoc, Western Digital, Whirlpool Mark W Nelson Outstanding 22 partners AMC Theaters, AT&T, Boston Scientific, Cigna, Endo, Arnold & Porter Kaye Jonathan Gleklen Jonathan Gleklen 9 counsel General Electric, Kroger, Monsanto, Nucor, Philip Scholer Richard L Rosen 43 associates Morris, Visa Sean FX Boland Arch Coal, Boehringer Ingelheim, Eaton, Halliburton, 15 partners John Taladay Paul C Cuomo IATA, Liberty Media, Magna, McWane, Merck, Baker Botts 5 counsel Stephen Weissman James F Rill Novartis, Pepsi, Philips Electronics, Qualcomm, Valero, 25 associates John Taladay Waste Management Thomas O Barnett Allergan, Amazon, AstraZeneca, Citigroup, Disney, 18 partners Thomas Barnett Deborah A Garza Keurig, JPMorgan Chase, National Football League, Covington & Burling 6 counsel Deborah Garza Theodore Voorhees Jr Samsung, Tribune Media, Union Pacific Railroad, 12 associates Alan M Wiseman Verizon American Airlines, Albertsons, Berwind, B&G Foods, 6 partners Paul T Denis Curtis Circulation, CVS Health, Dean Foods, General Dechert Paul T Denis 1 counsel Paul H Friedman Electric, Kellogg, Monsanto, National CineMedia, 8 associates Ritchie Bros, WhiteWave Apple, Intel, Microsoft, UBS, Panasonic, Kimberly- 16 partners D Jarrett Arp Clark, BNSF Railway, McDonald’s, Aetna, AT&T, 4 counsel/of Scott Hammond Gibson Dunn & Crutcher Scott D Hammond Marriott, LinkedIn, Hewlett Packard Enterprises, St counsel Joseph Kattan Jude Medical, Energizer, Comcast, Moody’s, Sony, 24 associates Joshua H Soven Southern Power, Tenet Healthcare, Uber Logan M Breed Advocate Health Care, Aeromexico, Blue Cross Blue 17 partners Hogan Lovells Janet McDavid Janet L McDavid Shield, Change Healthcare, Credit Suisse, Dell, OSF 14 associates J Robert Robertson Healthcare, SABMiller Kathryn M Fenton Kenneth Field Aetna, Carlyle, Cintas, ConAgra, Deere & Company, 24 partners John M Majoras Essilor, General Electric, HeidelbergCement, Indivior, Jones Day David Wales 2 of counsel J Bruce McDonald Linear Technology, Newell, PinnacleHealth, Potash 25 associates Phillip A Proger Corp, Procter & Gamble, Rite Aid, Safran, Sanofi Ryan C Thomas David P Wales Agrium, Avago, Barclays, Entercom, Nissan, Cox, 9 partners Michael G Egge Gavis Pharmaceuticals, FMC Technologies, Ocean Latham & Watkins Amanda Reeves 5 counsel Amanda P Reeves Spray, Time Warner Cable, Siemens, Sumitomo 21 associates Margaret M Zwisler Electric Energy Solutions, NXP Semiconductors, Nokia, 5 partners Skadden Arps Slate John M Nannes SanDisk, Yahoo!, Intel, Air Products, Cavium, HP, Steven C Sunshine 3 counsel Meagher & Flom Steven C Sunshine Cisco, Plum Creek Timber, LANXESS, Bai Brands, 17 associates Allergan, Corning International Kabushiki Kaisha 10 partners Abbott Laboratories, AbbVie, Allergan, BASF, Sanofi, Ann Malester Weil Gotshal & Manges Steven Newborn 2 counsel Sherwin Williams, Signet Jewelers, Staples, TPG Steven A Newborn 15 associates Capital, Walgreens Boots Alliance, Walmart, WEX Actavis (Allergan, Forest Laboratories and Warner 12 partners Chilcott), Anthem, Boehringer Ingelheim, Haier, White & Case J Mark Gidley 7 counsel J Mark Gidley Icahn, Maruyasu, Nexans, Paddock Holdings, Par 32 associates Pharmaceutical, Toshiba, Tyson Foods, Upsher-Smith, Zimmer Biomet Associated Wholesale Grocers, Brocade, FanDuel, 7 partners Susan Creighton Wilson Sonsini Goodrich Glenmark Generics Inc USA, Google, HP, Mylan, Susan Creighton 5 counsel Mark Rosman & Rosati Pandora, T-Mobile USA, Salesforce.com, Spotify, 16 associates Scott A Sher Twitter, Verisign, Walgreens 14
Americas began as a refuge from Howrey. Before he retired in an indictment in an alleged two-company conspiracy January, William Henry helped to counsel Boehringer to keep down the price for oil and gas leases, despite Ingelheim in its $12.6 billion asset swap with Sanofi. a grand jury’s indictment of the leniency applicant’s When lawyers at this Texas-born firm talk about former chief executive. Cartel defence in turn leads a “full pipeline” of work, it has a more literal meaning to defence against the follow-on litigation, which than it may elsewhere. Though low oil prices and Covington handles for multiple clients in financial a DOJ challenge cut off Halliburton’s attempt to benchmarks: Alan Wiseman, Thomas Isaacson, buy rival Baker Hughes, other deals still demand a Andrew Lazerow and Jonathan Gimblett for Citigroup defence. Having spent months convincing the FTC in the London Inter-Bank Offered Rate; Robert Wick to allow Valero Energy’s purchase of two petroleum for JPMorgan Chase in aluminium warehousing and storage terminals from Plains All American Pipeline, interest rate swaps. Garza and Isaacson pitched in on Weissman and Michael Perry are now battling the the West Coast case brought against animation studios California attorney general’s attempt to block it. Perry, by animators alleging a no-poaching conspiracy; along with Sean Boland and Paul Cuomo, counselled Disney, Lucasfilm, Pixar, and Two Pic MC settled for Rockwater Energy Solutions’ sale to Select Energy $100 million in February 2017. Services. In another aspect of the energy industry, Lately, the firm’s specialty in mergers appears to Joseph Ostoyich represented Waste Control Specialists be those with few overlaps that nonetheless raise as it went to trial in Delaware to save its tie-up with controversy. Garza acts for Tribune Media in its sale rival nuclear waste disposer EnergySolutions. Further to conservative Sinclair Broadcast Group; Barnett is merger work includes Cuomo acting for Liberty Media aiding Amazon in its acquisition of Whole Foods; and on multiple deals, such as its $8 billion purchase of he and James O’Connell guided Verizon in its purchase Formula One. of Yahoo!, which finally closed in June 2017. O’Connell Baker Botts boasts a strong portfolio of non-merger also represents Chinese steelmakers accused by US work, too. James Kress is defending patent assertion Steel of fixing prices. entity Conversant against Apple’s panoply of antitrust claims, and he and Cuomo have fended off SawStop’s DECHERT is a “very strong practice,” its rivals say, and lawsuit against table saw makers Milwaukee Electric Paul Denis and Paul Friedman “are both really great Tool, One World Technologies and Ryobi Technologies. lawyers.” The firm brings decades of industry expertise In addition to defending McWane from litigation to the entire food chain, from seeds to supermarkets. It following on from the FTC’s case against the pipe is also long-time counsel to US Airways – now under maker, Ostoyich and William Lavery are acting for its post-merger name American Airlines, and needing a plaintiff aluminium producer that sued the South competition arguments for various allocations of Carolina Public Service Authority for an allegedly slots and joint ventures, plus defence against a DOJ anticompetitive monopoly on electrical power supply. investigation of possible collusion and the damages The firm is coordinating counsel for global auto parts claim that followed. As this issue went to press, partner probes of Toyoda Gosei, and Taladay leads the team Steven Bradbury awaited confirmation to become acting for the International Air Transport Association general counsel to the Department of Transportation. as a complainant to the European Commission. Friedman worked with colleagues in the firm’s home office of Philadelphia to defend Dean Foods Some of the best antitrust lawyers in Washington, DC against a putative class action in which the last plaintiff say they would call COVINGTON & BURLING, espe- ultimately settled on the eve of trial in March 2017. cially when negotiating with a Republican administra- Bradbury did the same in defending Curtis Circulation, tion, thanks to a practice led by two partners who led which obtained summary judgment against accusa- the Antitrust Division during the George W Bush tions of a group boycott; a Second Circuit appeal is administration. Thomas Barnett is “a serious antitrust pending. Dechert, a self-described “destination shop lawyer who knows what he’s doing,” and his peers at for contested mergers”, acted for General Electric in other firms report only good experiences working with its attempt to sell its appliance division to Electrolux, him. He talks up the firm’s focus on promoting from and Friedman and Michael Weiner were lead trial within its “embarrassment of riches of young and mid- counsel for Monsanto in its attempt to sell its Precision level associates who are outstanding”; Henry Liu was Planting business to Deere & Co. The companies made a partner in October 2016. Co-chair Deborah abandoned both deals after DOJ lawsuits. Garza also earns plaudits as a “terrific” mergers and In more positive interactions with the Antitrust cartels lawyer, who led a group convened by the Division, Denis and Craig Falls obtained conditional Chamber of Commerce to offer advice to Congress and clearance for WhiteWave’s sale to Danone, while James the president about trade policy and antitrust. Fishkin got industrial equipment distributor Ritchie While some clients remain confidential, the firm Bros’ acquisition of IronPlanet through without any seems to be involved in most major Antitrust Division remedies. Fishkin also advised Dollar Tree on selling probes, ranging from the long-running auto parts 330 stores as required by the FTC for its tie-up with cartel to the newer inquiry into generic drugmakers. Family Dollar, though like the firm’s 2015 Albertsons/ Garza prides herself on helping clients avoid charges Safeway merger, this remedy didn’t work out well or guilty pleas, such as Sandridge Energy avoiding for the divestiture buyer. In other scrutinised tie-ups www.globalcompetitionreview.com 15
Americas – such as Alaska Airlines/Virgin, Energy Solutions/Waste joined in December 2016 from the DOJ, and Andrew Control Specialists, AMC/Carmike, Walgreens/Rite Aid Lee came on board in February 2017 from Steptoe & and Teva/Actavis – the firm represents confidential Johnson. The group further bolstered its partner ranks third parties that are competitors or customers. in January 2017 by promoting Justin Bernick and Meghan Rissmiller. Even critics of GIBSON DUNN & CRUTCHER talk McDavid and Breed served as US antitrust about its “obviously excellent cartel practice,” which counsel to SABMiller in its more than $100 billion is “second to none; the team is phenomenal from the acquisition by AB InBev, which the DOJ cleared with top to the bottom.” Former Antitrust Division deputy structural and behavioural remedies in July 2016. for criminal enforcement Scott Hammond chairs the Logan Breed handled a second request investigation antitrust group, and leads the criminal defence of com- and Department of Transportation application for panies in at least half a dozen product investigations. antitrust immunity for Aeromexico’s proposed alliance The firm acts for UBS in probes of foreign exchange, agreement with Delta, and Joseph Krauss led the Libor, precious metals and other products. Hammond global team advising Dell in selling its information and Jarrett Arp represent Heritage in the DOJ’s generic technology services business to NTT data for $3 pharmaceuticals case, in which some executives have billion in March 2016. J Robert Roberson, Benjamin pleaded guilty. Arp notes that the firm is distinguished Holt, Bernick and Rismiller defend Daimler Trucks in by its credibility in handling an investigation from the Class 8 Transmission antitrust litigation brought the first whisper of concern to appealing against class by direct and indirect purchasers, after competing certification in private lawsuits. transmission makers won a jury verdict against Eaton This ability to integrate a team in all phases of a for anticompetitive exclusive deals with its customers. matter goes beyond follow-on damages. In defending Healthcare is still the most frequent business for transport platform Uber against claims of a price- Hogan Lovells’ Washington, DC antitrust practice. fixing conspiracy among its independent contractors, Krauss and Rismiller steered Change Healthcare Cynthia Richman in DC and colleagues in other offices through a DOJ second request over its proposed $3.4 pushed to have the case arbitrated. The issue is now billion joint venture with McKesson, leading to uncon- on appeal, which drew partner Theodore Boutrous ditional clearance. Acting for Advocate Health Care into the litigation; he and Richman also work together in its proposed merger with NorthShore University on Apple suppliers’ monopolisation counterclaim Health System, Robertson and Oliver won at trial in against chipmaker Qualcomm’s patent royalties lawsuit. Chicago federal court, but lost at the Seventh Circuit Richman represented Swisher at the Ninth Circuit in November 2016. Lawsuits against Blue Cross Blue in successfully vacating a $44 million antitrust jury Shield by both providers and beneficiaries alleging verdict against it in an antitrust lawsuit brought by a market allocation scheme remains the blockbuster Trendsettah. On appeal, Thomas Hungar – now general multidistrict litigation, for which Robertson and counsel for the US House of Representatives – and Bernick are co-lead defence counsel. More quietly, Holt Joshua Soven in August 2016 won Seventh Circuit and Bernick are defending Mylan against accusations dismissal of Robinson-Patman Act claims against by state attorneys general that it fixed prices with other Clorox for refusing to sell large-package sizes of Clorox generic drugmakers. products to a small retailer. Joseph Kattan is working on Sabre’s appeal after a trial loss to US Airways, and Lawyers from other firms hail JONES DAY as “terrific,” helped Sony Music block class certification in the calling it a “go-to shop” for merger litigation that is Digital Music antitrust litigation. “very strong” in DC. The practice is notable for its sheer Though less well known than the other two legs quantity of both partners and matters. It is inclined of the antitrust practice, Gibson Dunn’s deal work is to hire laterally – practice chair David Wales says he’s impressive, and often takes place on a stand-alone looking for good cartel lawyers – and its hourly rates basis with other firms handling corporate aspects. Such can make it more accessible for cases such as FTC chal- recent hired gun work includes the $48 billion AT&T/ lenges to hospital tie-ups that involve lots of hard legal DirecTV merger, $12.7 billion Schlumberger/Cameron work but not necessarily large sums of money. 2016 tie-up, $8 billion Southern Co/AGL Resources merger – saw the retirement of practice-builder Joe Sims, but the and Adam DiVincenzo advising Walmart on the $310 firm’s ties to the Trump administration could weigh in million purchase of Bonobos. Soven handled the US its favour. It promoted deal lawyer Michael Gleason to clearance for long-time client Marriott’s $13.8 billion partner in January 2017. acquisition of rival hotel brand Starwood. Gleason was part of a Phillip Proger-led team, also featuring star litigator John Majoras, that tried to get The “very, very good” Janet McDavid leads the Aetna’s proposed $37 billion purchase of rival health antitrust team at HOGAN LOVELLS, which also draws insurer Humana through the DOJ and, when that competitors’ compliments for younger partners such failed, through the Washington, DC federal court. as the “outstanding” Logan Breed, and Leigh Oliver, That particular merger trial – the fifth for Jones Day the 2017 winner of GCR’s Lawyer Under 40 award. in less than two years – was a win for the Antitrust While former FTC commissioner Julie Brill left in May Division, as was Electrolux/General Electric by default 2017 to go in-house at Microsoft, Christopher Casey when the companies gave up on the deal. Deere hired 16
Americas Majoras to fight for an acquisition of Monsanto’s Precision Planting business, but the seller backed out of the deal in May 2017, shortly before trial. The firm has fared better against the FTC, with an outright courtroom victory in Steris/Synergy and a legislative success – obtaining state action immunity – that forced the commission to drop its lawsuit against the merger of West Virginia hospitals Cabell Huntington and St Mary’s Medical Center. But the FTC lawyers beat Jones Day on appeal in another hospital deal, PinnacleHealth/ Penn State Hershey. In what might be deemed a draw, client Rite-Aid backed away from a total sale of itself for $17.2 billion to Walgreens Boots, and now seeks to sell fewer than half of its stores. Of course, Jones Day lawyers are not always litigating mergers. Sometimes they negotiate consent decrees, as Wales and Bruce McDonald did for HeidelbergCement’s acquisition of Italcementi; some- times they get deals through a second request without Left to right: distributors’ access to content. Reeves acted for Gavis any divestiture, as Michael Knight did for Cintas’s Scott Hammond, David Wales, Pharmaceuticals, the acquisition of which by Lupin tie-up with G&K. The firm has also built a reputation Amanda Reeves met with a second request from the FTC but ultimately for defending brand-name drugmakers such as Kyorin cleared with divestitures in February 2016. Egge and and Sanofi against patent-related antitrust claims. Cruise advised FMC Technologies on its $4.5 billion merger with Technip, and Egge teamed with San LATHAM & WATKINS has added more counsel recently Francisco colleagues for Avago’s $37 billion acquisition with Alan Devlin’s return from the FTC in July 2017. of Broadcom. However, the only change in partnership was the departure of Abbott ‘Tad’ Lipsky in February 2017 to SKADDEN ARPS SLATE MEAGHER & FLOM has “a serve for a few months as the acting director of the good strong presence in DC on mergers and litiga- FTC’s bureau of competition, before he fully retired. tion,” a top antitrust lawyer from a rival firm says, Peers describe the practice as “very strong” on particularly with the August 2016 homecoming of cartel defence, regulation and litigation, with Margaret Tara Reinhart from serving as the FTC’s chief trial Zwisler perennially deemed “a great litigator”. She led counsel. After two years at one federal antitrust agency, the defence of Cox Communications against cable she promptly turned around to litigate against the subscribers’ claims of anticompetitive bundling, in other, going to trial in spring 2017 alongside practice which a judge rejected an Oklahoma jury’s verdict to chair Steven Sunshine to defend Energy Solutions’ enter judgment as a matter of law for Cox in January proposed $367 million acquisition of Waste Control 2016. Four months later, Zwisler beat cranberry Specialists. The DOJ ultimately won when the judge farmers’ bid for class certification in their monopolisa- avoided grappling with the failing firm defence by tion claims against Ocean Spray. She continues to saying Waste Control hadn’t tried hard enough to find represent Barclays in the interest rate swaps litigation, another bidder. and helped the London Metal Exchange escape the Sunshine seems nearly omnipresent on matters, aluminium warehousing case. As the global auto parts representing Allergan subsidiary Watson against the cartel investigation begins to wind down, Latham & FTC’s pay-for-delay accusations regarding Lidoderm; Watkins blocked follow-on indirect purchaser plaintiffs’ Bausch + Lomb against contact lens purchasers’ claims attempts to amend their complaints for maximum of minimum-pricing collusion by lens makers; Bausch joint and several liability, and negotiated relatively + Lomb owner Valeant, in selling Paragon Vision favourable settlements of all remaining class action Services to settle FTC charges that its acquisition of the cases against DOJ amnesty applicant Sumitomo company violated antitrust laws; NXP Semiconductors Electric. For a confidential client, Lipsky and Jason in its acquisition by Qualcomm; and Intel’s $15.3 Cruise resolved a four-year FTC conduct probe into billion purchase of Mobileye. Perhaps the most notable, trade association activities. however, was actually a settlement. Nokia hired The firm also keeps busy with a sheaf of mergers, Sunshine over the 2016 Christmas holiday to defend such as representing Agrium in its $36 billion merger the company’s patent pricing policy against Apple’s of equals with Potash; advising Entercom in its acquisi- antitrust challenge; by May, the spat settled for at least tion of CBS Radio; and counselling Siemens in its $4.5 $2 billion. billion acquisition of Mentor Graphics. In April 2016, John Nannes picks up on the investigations side, Amanda Reeves and Michael Egge helped to obtain including the DOJ’s probe of the generic pharmaceuti- DOJ clearance for Time Warner Cable’s $78 billion cal industry – where Skadden has multiple merger with Charter Communications, conditioned long-standing clients – and investigations in media on the new cable giant’s not impeding online video and transport. He continues to defend Norfolk www.globalcompetitionreview.com 17
Americas Southern Railway in the seemingly endless Rail Freight Depot failed. These two are outweighed, however, by a Fuel Surcharge litigation, which currently awaits a new host of successful, heavily scrutinised recent mergers. decision on class certification. Along with John Lyons, These include Allergan’s $39 billion sale of its generic Nannes saw a much faster end to the Aluminium pharmaceuticals business to Teva; Sanofi’s $20 billion Warehousing case against Access World, other exchange of its animal health business with Boehringer warehouse operators and various banks, when Judge Ingelheim’s consumer healthcare business; AbbVie’s Katherine Forrest shut the plaintiffs’ claims down in $5.8 billion acquisition of Stemcentrx without a second October 2016. request; WEX’s $1.4 billion acquisition of Electronic Funds Source, cleared unconditionally after a second WEIL GOTSHAL & MANGES puts “some go-to request; Sherwin-Williams’ $11.3 billion acquisition of people” on the big deals that get challenged, its rivals Valspar, cleared with remedies in May 2017; and G&K say. Chair Steven Newborn is a “formidable” lawyer, Services’ $2.2 billion merger with Cintas. while Ann Malester is recognised as “the best on Weil handles cartels from New York, but the DC pharmaceutical merger issues” and an “outstanding team pitches in on some non-merger litigation. One advocate for clients.” But their rivals also recognise the recent win was summary judgment for Simon & line of succession, saying Jeffrey Perry will be able to Schuster against independent ebook retailer claims step into Newborn’s shoes. All three, along with Steven following on from the Apple price-fixing case, which Bernstein, have experience leading FTC merger shops, the Second Circuit upheld on appeal. and Newborn estimates that at least 80% of deals come directly to the antitrust practice, despite Weil’s “If you want fighters, WHITE & CASE is the firm to go highly respected M&A group. The firm promoted to. They think outside the box,” says a former enforcer Brianne Kucerik to partner in 2016. at a top DC antitrust practice. In criminal defence, the This is undeniably a destination practice for deals. firm looks to avoid having clients plead guilty, and in It has handled more than a dozen second requests in litigation, it will try everything before admitting defeat. the past couple of years, including on mergers where This trait of practice chair J Mark Gidley – called other firms with notable antitrust teams were handling “really smart” and a “darn good lawyer” by other the corporate aspects, such as in Walgreens’ attempted litigators – was particularly prominent in pursuing tie-up with Rite Aid. After a 20-month FTC review, Anthem’s acquisition of rival health insurer Cigna. PHOTO: ISTOCK.COM/OGPHOTO that deal has now been trimmed to the purchase When George Paul and Rebecca Farringdon couldn’t of fewer than half of the target’s stores. Discretion get the deal through the Antitrust Division, Anthem sometimes is the better part of valour, as Weil client went to trial; when the district court ruled against the Staples found after Diane Sullivan’s bravura trial tie-up, Anthem appealed; when it lost the appeal on a effort to block the FTC from an injunction against 2-1 decision, it took the dissenting opinion as a basis to the office supply retailer’s purchase of rival Office seek Supreme Court review. 18
Americas The firm promoted former DOJ attorney JD Observers say WILSON SONSINI GOODRICH & ROSATI Donaldson to partner and Charles Moore to counsel is “very busy, very strong, very successful,” and quickly in 2016. In addition to Anthem/Cigna, Donaldson growing its Washington, DC practice, which includes assisted Paul and Farringdon on Zimmer Biomet’s $1 “very smart” Susan Creighton, “real deal” Mark billion acquisition of LDR Holding. Other recent deals Rosman and “brilliant” Joshua Wright. Rosman and include Farringdon on Haier’s acquisition of GE’s cartel specialist colleagues in other offices have plenty appliance division, and the sale of Carl Icahn’s XO of work for clients before the DOJ, including in the Communications to Verizon. generic pharmaceuticals, auto parts, capacitors and “We like to try cases, though all trials are foreign exchange investigations. life-shortening,” Gidley says. “That’s a quote from The firm’s merger work particularly illustrates how Rich Parker. A series of near-death experiences.” it has retained its base in the technology industry Christopher Curran, who led for Anthem in while expanding into retail and other sectors. Scott court, gives the DOJ no quarter on the criminal Sher represented Brocade Communication Systems side either. Instead of pleading guilty as its alleged in its $5.9 billion acquisition by Broadcom, which the co-conspirators in price-fixing automotive steel tubes FTC approved with divestitures. Along with Jamillia have done, Maruyasu is fighting the prosecution. In Ferris, he also acted for online event manager Cvent March 2017, the Sixth Circuit refused to dismiss the in its $1.65 billion sale to Vista Equity Partners, which indictment against the Japanese company for lack of the DOJ ultimately cleared unconditionally despite a personal jurisdiction, so it is set for trial in January second request spurred by complainants and concerns 2018. Curran also acts for Toshiba in the lithium-ion about network effects. Ferris, Sher and Wright battery cell follow-on actions, which were denied counselled FanDuel in its proposed merger with rival class certification in April 2017. The firm’s litigation fantasy sports gambling site DraftKings, which the specialty is in pharmaceuticals, with Eric Grannon companies dropped after the FTC sued in June 2017. leading for Par/Paddock in the Androgel litigation Following another second request, the FTC cleared underlying the Actavis precedent, until the FTC Wilson Sonsini client iControl’s acquisition by dismissed the defendants from the case in February Alarm.com without remedies and the $140 million deal 2017. Peter Carney represents Allergan in a challenge closed in March 2017 after an unusual eleventh-hour to the FTC’s power to pursue equitable relief in the antitrust lawsuit by Honeywell settled. The firm has Lidoderm pay-for-delay case; Carney, Eileen Cole and also represented third parties such as McDonald’s in Gidley won for Warner Chilcott in the Third Circuit opposing the Staples/Office Depot merger, and ACT as against product-hopping claims about Doryx; and a competitor during Abbott’s $25 billion acquisition of the firm defends Warner Chilcott in Massachusetts St Jude. federal court against product-hopping and pay-for- Wilson Sonsini also represents Walgreens as a delay allegations. witness in the FTC’s pending conduct case against www.globalcompetitionreview.com 19
Americas Head(s) of Who’s Who Legal Firm Size Clients competition nominees Highly Recommended AARC, Alvogen, Avaya, Ball Corporation, Danfoss, Dell, Google, HIG Capital, Hi-Touch 4 partners Axinn Veltrop & Bus. Svc, IBC, McKesson, NIBE, Nishikawa John DeQ Briggs 1 counsel John DeQ Briggs Harkrider Rubber, Silver Lake Partners, Stanley Black & 7 associates Decker, Symantec Corporation, Thermo Fisher, Tyson Foods, UPMC, Yardi Robert Cooper Apple, Animal Science Products, Carolinas 9 partners James P Denvir III Healthcare System, Costco, Delta Air Lines, Boies Schiller Flexner William A Isaacson 3 counsel Amy J Mauser International Construction Products, Sanford 8 associates William A Isaacson Health, SolarCity, Travis Kalanick AT&T, Blue Cross Blue Shield, Caledonia, 13 partners Cardinal Health, CSX Transportation, DuPont, Crowell & Moring Wm Randolph Smith 11 counsel Wm Randolph Smith Humana, Owens & Minor, TransCanada, United 12 associates Airlines, United Technologies Air Methods, AmerisourceBergen, Bank of Terry Calvani America Merrill Lynch, Carlson, Continental 4 partners Thomas Ensign Freshfields Bruckhaus AG, Hachette, Hapag-Lloyd, Intel, Johnson & Paul Yde 5 counsel Bruce McCulloch Deringer Johnson, London Stock Exchange, Novartis, 14 associates Robert Schlossberg PepsiCo, Rexam, Smiths, Spectra Energy, United Paul Yde Airlines Cash-America International, Georgia-Pacific, 8 partners Blue Cross Blue Shield of Michigan, Statoil, Hunton & Williams D Bruce Hoffman 4 counsel D Bruce Hoffman Chevron Corporation, Delhaize America, 13 associates Rubycon Corporation, Diageo, GS Yuasa International, Capital One Financial Corp 1-800 Contacts, but has a more direct involvement – for Stanley Black & Decker in its acquisition of the with Sher representing the defendant VisionDirect – in Craftsman tool brand. follow-on civil litigation regarding the alleged suppres- Turning to litigation, the firm is active in the Blue sion of competition for online advertising of contact Cross Blue Shield antitrust litigation, where plaintiffs lenses. He and Creighton act for Arista Networks in its are attempting to break up the health insurance lawsuit against Cisco systems. In other plaintiff-side group. Axinn represents Independence Blue Cross work, Seth Silber is part of the team that helped against plaintiff powerhouses Boies Schiller Flexner Amphastar get its antitrust claims against pharma and Hausfeld. Tyson Foods also retained the DC team competitors Momenta and Sandoz revived by the First this year to help it fend off claims it conspired to drive Circuit, and that represents Mylan in suing Celgene down chicken grower pay. Stanley Black & Decker also over its alleged abuse of safety restrictions on Thalomid employs Axinn’s services for litigation efforts, specifi- and Revlimid to block generic competition. Silber cally in defending against an inventor’s claim of a group defends Mylan against claims following on from the boycott of his safety feature for power saws. The Axinn DOJ generic drug probe. DC team remains involved in global investigations through its representation of confidential Japanese Highly recommended companies and others. The Washington, DC office at AXINN VELTROP & HARKRIDER insists that it is no longer the little sibling Some of the best litigators in town praise BOIES of the New York office. Practice co-chair John DeQ SCHILLER FLEXNER, which plays both sides of the “v” to Briggs heads up a strong antitrust practice in the an extent unusual in Washington, DC. Partner Richard nation’s capital – one that has its hand in major deals, Feinstein estimates that nearly half of the FTC Bureau litigation efforts and criminal investigations. The of Competition’s resources go to healthcare matters, firm proudly says it does not handle many “run-of- and the firm makes good use of his experience as the-mill” cases, noting that lawyers will not do a lot bureau director, in matters such as defending Sanford of HSR filings for easy deals. Axinn was lead and Health’s acquisition of Mid Dakota Clinic. He and global coordinating counsel for Dell in its $67 billion fellow FTC alumnus Nicholas Widnell act for Carolinas acquisition of EMC, which required approvals in about Healthcare System against the DOJ’s claim of anticom- 20 jurisdictions. Partner Rachel Adcox said Dell’s petitive anti-steering provisions – an Antitrust Division president Michael Dell personally called for partner argument that this firm has beaten before, on behalf of Mike Keeley to help push the deal through Chinese American Express. William Isaacson is defending Travis regulators. Keeley and Russell Steinthal took the lead Kalanick against a putative class action accusing the Uber founder of a price-fixing conspiracy with drivers 20
Americas that his company insists are independent contractors, not employees. James Denvir and Michael Mitchell got a judge to throw out travel agents’ allegation that Delta Airlines and other carriers conspired with an airline fare publishing company to block cheaper multi-city itineraries, but Denvir continues to fight passengers’ claims that Delta conspired with American, United and Southwest to cap seat capacity. Isaacson says the firm is willing to commit resources to contingency cases. On the plaintiff ’s side, he, Karen Dunn, Amy Mauser and Christopher Renner represent Apple in a $1 billion monopolisation and contract claim against Qualcomm as the two tech giants battle over the chipmaker’s patent licensing practices. A Delaware federal judge shaved some claims off International Construction Products’ lawsuit against heavy construc- tion equipment makers including Caterpillar, but Denvir and Renner are still pressing an allegation of a group boycott. In June 2017, the Ninth Circuit refused Left to right: and John Gibson. A Third Circuit appeal remains to hear an Arizona public utility’s appeal of a lower John DeQ Briggs, pending in Lahlou’s victory for DuPont over a claim of court’s denial of dismissal in SolarCity’s monopoly Amanda Wait, Darren Tucker fixing the price of titanium dioxide. In a further boost lawsuit, brought by Feinstein, Mauser, Dunn and to the firm’s capabilities, former Antitrust Division Isaacson. In mergers, the firm represents some third deputy for civil enforcement Juan Arteaga joined as a parties with concerns, such as Salesforce in objecting to partner in July 2017. the Microsoft/LinkedIn deal. Boies Schiller added to its antitrust partners with the promotion of Abby Dennis Rivals praise FRESHFIELDS BRUCKHAUS DERINGER’s in January 2016. DC lawyers, from partner Paul Yde with 32 years of antitrust experience, to associate Jan Rybnicek. The CROWELL & MORING has ‘a number of good people’, firm promoted FTC alumna Mary Lehner from counsel the co-chair of a top DC practice says, while another to partner in May 2016 and Hiram Andrews from rival admires the firm’s client list. It has expanded and associate to counsel in January 2017. Bob Schlossberg diversified while retaining long-standing customers retired from the Freshfields partnership in May 2016 such as AT&T, which partners Wm Randolph Smith, but remains active in his of counsel role. Jeane Thomas and Shawn Johnson are guiding in AB InBev’s acquisition of SABMiller naturally the $85 billion acquisition of media company Time dominated the firm’s time in 2016. Rich Snyder was Warner. Kent Gardiner, Shari Ross Lahlou, David point man for local counsel in the Americas on Schnorrenberg and Joseph Miller acted for Humana the merger. Other major deal work includes Yde, in its proposed $37 billion sale to rival health insurer Lehner and Thomas Ensign acting for Rexam on its Aetna, but the companies opted to drop their deal takeover by rival beverage container maker Ball, which after a Washington, DC federal court enjoined it. prompted a second request and divestiture condition Confidential clients have the firm representing them by the FTC in June 2016; Lehner for Smiths Group’s as third parties in tie-ups such as Smiths/Morpho acquisition of Morpho Detection, for which the DOJ Detection, and the firm publicly acted for Clean in March 2017 required a divestiture before granting Harbors in the DOJ’s challenge to the attempted early termination; and Yde for United Airlines on its EnergySolutions/Waste Control Specialists deal. Gardiner, proposed acquisition of Delta’s slots at Newark airport, Schnorrenberg and Astor Heaven defended United which the DOJ challenged until a regulatory change Airlines’ acquisition of slots at Newark Airport from a in April 2017 ended the scarcity of slots. Freshfields DOJ lawsuit to block the deal, which became unneces- is now regular US antitrust counsel to Johnson & sary when a regulatory change removed slot constraints Johnson, which includes handling the merger control at the airport. aspects of its $30 billion acquisition of Actelion. On the United Airlines also uses Crowell for non-merger investigation side, the firm represented United Airlines litigation, such as passengers’ claim – following a in the DOJ investigation of potential collusion in seat DOJ investigation – that the airline colluded with its capacity, and confidential clients in the ongoing auto competitors to limit seat capacity. This, the Rail Freight parts probes. Litigation includes Bruce McCulloch Fuel Surcharge litigation against CSX Transportation, defending amnesty recipient British Vita Group in the and the Blue Cross Blue Shield lawsuit brought by Polyurethane Foam follow-on class action, and Snyder physicians and subscribers remain ongoing, but the representing Hachette in the private lawsuits that firm won two motions for summary judgment in 2016. followed the DOJ’s ebooks case. Upheld by the Tenth Circuit in March 2017, a court threw out Suture Express’s tying and exclusive dealing Bruce Hoffman was still at the helm at HUNTON & claims against Owens & Minor, represented by Lahlou WILLIAMS for the period reported on for this survey, www.globalcompetitionreview.com 21
Americas Kirkland filed 224 HSR notifications in the 2016 fiscal year The Kirkland DC team represented multiple clients in several reverse payment settlement cases, including in the Nexium antitrust litigation. The team counselled Ranbaxy and Teva Pharmaceuticals in multidistrict class action litigation alleging a patent settlement among Teva, Ranbaxy and two others violated the antitrust laws – the first reverse payment case to go to trial after FTC v Actavis. Kirkland represents ABB Optical in the Disposable Contact Lens antitrust litigation, which accuses lens distributors of conspiring to maintain minimum resale pricing in violation of state and federal antitrust laws. MAYER BROWN’s DC lawyers handling a variety of antitrust cases across the country. Partners Mark Ryan, Bill Stallings, Richard Favretto and Robert Bloch but in June 2017 he, David Higbee, Djordje Petkoski, Left to right: Roxann Henry, provide deep government experience and have helped Ryan Shores and Todd Stenerson left for Shearman & Raymond A Jacobsen Jr, propel the firm into major global cases. Ryan and Sterling. As of July 2017, Hoffman is slated to join the Richard Parker Stallings assisted Virgin America in its $2.6 billion FTC. Hunton has been very active in litigation, with acquisition by Alaska Air, which the DOJ eventually let some investigation and merger work to complement pass with small divestitures. The team also represented its robust practice. Hoffman, partner Amanda an interested third party in the now-defunct Deere/ Wait – who now leads the practice – and October 2015 Precision Planting merger; and acted for Nestlé Purina addition Phyllis Marcus provide solid FTC experi- PetCare in its acquisition of Merrick Pet Care in 2015. ence while partner David Higbee provided the DOJ The team represents the Big 10 conference in tandem perspective. The firm punches above its weight as an with the Chicago office in ongoing litigation regarding antitrust boutique, one long-time observer says. the NCAA in California. Ryan acts for Viamedia, the largest independent spot cable advertising representa- HUNTON & WILLIAMS counselled Cash America in its tive in the US, in a lawsuit against cable giant Comcast merger of equals with First Cast, the country’s largest for allegedly monopolising the spot cable advertising pawn shop; the tie-up created a combined company market through subsidiary Comcast Spotlight, with a $2.4 billion market capitalisation. Hoffman had which competes directly with Viamedia. A federal been advising Blue Cross Blue Shield of Michigan in judge largely denied Comcast’s motion to dismiss in the national antitrust litigation against BCBS plans November 2016. Partners Adam Hudes and Carmine across the country, as well as in a suit brought by rival Zarlenga had two victories for Nestlé in late 2015. Aetna. Petkoski defended Rubycon in damages litiga- A US appellate court upheld the dismissal of direct tion following the DOJ’s capacitors cartel prosecution. purchasers’ antitrust class action against chocolate The firm also counselled Capital One in a lawsuit that candy makers, finding that evidence of a conspiracy in challenged the transition from swipe payment cards to Canada was too ambiguous to support an inference of chips, and thus liability for fraud, which Capital One price-fixing in the US; and a district court dismissed and the other defendants won on a motion to dismiss antitrust claims brought against Nestlé by rival spring in late 2016. water bottler Nirvana. Ryan acts for CDK Global in defending against Authenticom’s efforts to gain access New partner Matthew Reilly – a former FTC staffer to the data in CDK’s auto dealer management systems. with a deep background on high-profile mergers while at the government and private practice – made waves The Washington antitrust team at MCDERMOTT WILL when he headed to KIRKLAND & ELLIS late last year to & EMERY got a boost in January when one of the DOJ’s join its already strong DC practice. Reilly joins Mark two antitrust criminal enforcement section heads, Kovner and 17 other partners and the firm boasts an Mary Strimel, made her way to the firm. Other addi- impressive list of clients that call on Kirkland when tions like Bilal Sayyed from Kirkland & Ellis helped they engage in bet-the-company deals. Those included the team remain strong, despite the loss of partner advising Teva in the largest-ever pharmaceutical dives- Warren Rosborough to Emerson Thomson Bennett. titure during its massive deal with Allergan; advising Ray Jacobsen continues to head up the substantial DC Charter Communications in its $78 billion acquisition office, which handles a variety of deals and litigation of Time Warner Cable and $10.4 billion purchase for clients across the country. Jacobsen, along with of Bright House Networks, which the DOJ looked at Joel Grosberg, Carla Hine and William Diaz, advised closely; and counselling Nexstar Broadcasting Group Evonik Industries in obtaining US clearance for its in its $4.6 billion purchase of Media General. In total, $3.8 billion acquisition of the specialty and coating additives business of Air Products. Jacobsen and Diaz 22
Americas Head(s) of Who’s Who Legal Firm Size Clients competition nominees Highly Recommended (cont.) Accenture, 3G Capital Partners, Teva Pharmaceuticals, Tronox, Abbott Laboratories, 19 partners Mark L Kovner Bain Capital, Vista Equity Partners, Boeing, Kirkland & Ellis Not applicable 7 counsel Matthew J Reilly BP, Delta Air Lines, Danaher, Infineon, Leap 6 associates Wireless, Wellcare, Boehringer Ingelheim, Ranbaxy, ABB Optical 10 partners Cargill, Nestlé, Virgin America, The Big Ten Mayer Brown Mark W Ryan 10 counsel None Conference, Philips, Blue Shield of California, 8 associates Foster Farms, CDK Global Lockheed Martin, Steel Dynamics, American 13 partners Gypsum Company, Mars, Dairy Farmers of McDermott Will & Emery Raymond A Jacobsen Jr 1 counsel Raymond A Jacobsen Jr America, TreeHouse Foods, Weyerhaeuser, 7 associates ProMedica Health System, Constellation Brands, Amgen Apollo Global Management, Google, Pfizer, 8 partners Darren S Tucker Morgan Stanley & Co, ICAP, Qualcomm, Lupin Morgan Lewis & Bockius 1 of counsel John H Shenefield Hill Wellford Pharmaceuticals TDK Corporation, Perrigo 5 associates Company, Verso Corporation 8 partners Roxann Henry Amadeus, CSX, Intel, JPMorgan Chase, Norfolk W Stephen Smith Morrison & Foerster 1 counsel David L Meyer Southern, ON Semiconductor, Sumitomo Jeffrey Jaeckel 4 associates W Stephen Smith Electric, UPS, Boyd Gaming Alaska Airlines, American Airlines / US Airways, 7 partners Richard Parker Asiana Airlines, Bumble Bee Foods, Halliburton, O'Melveny & Myers 3 counsel Richard Parker Ian Simmons Honeywell, Mitsui, Quest Diagnostics, Samsung 10 associates Electronics, Top Rank Air Methods, Cigna, Elanco, Eli Lilly, Kenneth Gallo 7 partners Kenneth A Gallo Paul Weiss Rifkind Mastercard, Microsoft, Mitel Networks, MLB Charles (Rick) Rule 2 counsel Charles F (Rick) Rule Wharton & Garrison Office of the Commissioner, Monsanto, News Joseph Simons 29 associates Joseph J Simons Corp, Sharp, Universal American 4 partners Ahold, NXP Semiconductors, Priceline, CSL Ltd, Simpson Thacher & Peter Thomas 1 counsel None Amgen, JPMorgan, TradeWeb, HCA, ISDA, Bartlett 4 associates Costar, ChemChina, Deutsche Bank, Holcim AT&T, BorgWarner, Cabela’s, Catalyst Paper, 11 partners William Blumenthal CBOE, Concacaf, Duke Energy, Exelon, Pandora Sidley Austin William Blumenthal 2 counsel Tim Muris Media, Recall Holdings, Sigma-Aldrich, United 5 associates James Lowe Airlines, Welltower, West Corporation The Bank of Tokyo-Mitsubishi UFJ, BP, Diebold, Dyax, FXI Holdings, JPMorgan 5 partners Chase & Co, Nomura, Solera Holdings, ING Sullivan & Cromwell Daryl A Libow 12 council None Group, Columbia Pipeline Group, FirstMerit 12 associates Corporation, First Niagara Financial Group, Ace Limited, Scottrade, Tesoro, Praxair, British Airways, International Airlines Group Baker Hughes, DENSO, ELNA, Envision 11 partners Wilmer Cutler Pickering Thomas Mueller, Healthcare, International Paper, Jeffrey Glazer, Thomas Mueller 10 counsel Hale and Dorr Hartmut Schneider NCAA, Panasonic, Regal, Rohan Ramchandani, 35 associates Schaeffler also teamed up for Impax in the drugmaker’s $586 Weyerhaeuser in the containerboard class action; million acquisition of 19 products that were divested and Impax tapped Jacobsen and Paul Thompson in as part of the FTC’s consent order in the Teva/Allergan March 2016 to defend the company against allegations deal. McDermott is also trying to steer candymaker it conspired to raise the price of digoxin or certain and petcare company Mars through its $9.1 billion doxycycline products. acquisition of pet health service company VCA. Also active on the non-merger front, McDermott’s The MORGAN LEWIS & BOCKIUS team describes itself DC team won summary judgment for Mars in the as the “hottest practice group in DC right now,” and chocolate price-fixing litigation. Peg Warner defends it may be right. The DC antitrust team is currently www.globalcompetitionreview.com 23
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