The Washington, DC antitrust bar - Cleary Gottlieb

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The Washington, DC antitrust bar - Cleary Gottlieb
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     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

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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

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The Washington, DC antitrust bar - Cleary Gottlieb
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                               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

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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

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– 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

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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
The Washington, DC antitrust bar - Cleary Gottlieb
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
The Washington, DC antitrust bar - Cleary Gottlieb
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
The Washington, DC antitrust bar - Cleary Gottlieb
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
The Washington, DC antitrust bar - Cleary Gottlieb
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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