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- DOJ Settles ValueAct Case with Largest Ever Penalty for an HSR Act Violation
DOJ Settles ValueAct Case with Largest-Ever Penalty for an HSR Act Violation
July 13, 2016, Covington Alert
Yesterday, the Antitrust Division of the Department of Justice (“DOJ”) announced that it has settled its lawsuit against ValueAct Capital Management L.P. (“ValueAct”) for violating the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”). The settlement is noteworthy for two principal reasons: (i) the size of the civil penalty ($11 million); and (ii) the scope of the injunctive relief, which may signal an increasingly restrictive approach to the availability of the “investment-only” HSR exemption for certain investment firms.
Six Covington Lawyers Named Law360 MVPs
January 3, 2017
WASHINGTON—Law360 has named six Covington lawyers as MVPs in their respective practice areas. The awards single out lawyers from across various practice areas based on their “success in high-stakes litigation, complex global matters, and record-breaking deals.” The Covington lawyers recognized as Law360 MVPs are: Shara Aranoff, International Trade. Ms. ...
Two Covington Partners on GCR’s Women in Antitrust List
December 2, 2016
LONDON—Global Competition Review has named two Covington partners to its Women in Antitrust list. Now in its fifth year, the report aims to identify and celebrate achievements of elite female antitrust professionals in private practice, as well as expert economists, in-house counsel, enforcers, and academics around the world. Miranda Cole is a partner based in ...
February 10, 2016
WASHINGTON, DC - The Leadership Council on Legal Diversity (LCLD) has chosen Covington partner Anne Lee to be a member of its 2016 class of Fellows. The program is designed to build relationships and leadership skills that can be passed down to future generations of leaders in the legal profession. Tammy Albarrán, Co-Chair of Diversity Initiatives at Covington ...