August 15, 2018, Covington Competition

The UK Payment Systems Regulator (PSR) has announced its intention to carry out a market review into the supply to merchants of card-acquiring services by financial services providers. In this Covington Alert, my colleagues Louise Freeman, Charlotte Hill and Elaine Whiteford look at the powers the PSR holds, why the review has been initiated and...… Continue ...

August 8, 2018, Covington Competition

More than 20 years after the adoption of the first European Commission Leniency Notice, the detection and sanctioning of cartels remains a key feature of the enforcement agenda of the European Commission and – the currently still 28 – European Union national competition authorities. Leniency programmes are a crucial tool in uncovering cartels, with a large...… ...

August 8, 2018, Covington Alert

The UK Payment Systems Regulator (PSR) announced on 24 July 2018 its intention to carry out a market review into the supply of card-acquiring services.

August 6, 2018, Covington Competition

[Updated] On 1 August 2018, the German government was set to block a foreign investment in a German company under the new foreign direct investment (FDI) screening rules for the first time. However, the veto was not required as, on the same day, the Chinese investor withdrew from the deal. Companies involved in M&A activities...… Continue Reading

August 2, 2018, e-Competitions Bulletin Leniency, Art. N° 72355

August 1, 2018, Covington Competition

Does the General Court’s recent ruling in Goldman Sachs/European Commission provide new guidance on the parent liability of financial investors in cartel cases? Yes and no. Yes, because it shows what will not suffice to avoid parental liability. No, because it is silent as to whether in fact and if so how a financial investor...… Continue Reading

July 30, 2018, Covington Competition

On 9 July 2018, the Economic Affairs Committee of the European Parliament (the “EP”) published a study identifying potential competition law concerns in the financial technology (“FinTech”) sector (the “Study”). This Study follows the Consumer Financial Services Action Plan launched by the European Commission in March 2017, which aimed to promote greater choice ...

July 24, 2018, Covington Competition

Introduction On 11 June 2018, the European Commission (“Commission”) published DG Competition’s 2017 Annual Activity Report (“Report”) to provide an overview of its pursuit of its competition policy objectives and enforcement of EU competition rules in 2017.  In its Report, the Commission indicates that it has continued to prioritise competition on the merits ...

July 17, 2018, Covington Competition

On 13 February 2018, the Spanish Markets and Competition Commission (“CNMC”) fined four major Spanish banks €91 million for colluding to fix the price of interest-rate derivatives (“IRDs”) attached to syndicated loans above market price.  The decision is an additional indication that syndicated loans are increasingly coming under the scrutiny of competition ...

June 26, 2018, Covington Competition

On June 21, 2018, the European Commission (“Commission”) started a new investigation to determine whether so-called destination clauses in Qatar Petroleum’s liquefied natural gas (“LNG”) supply contracts with European buyers infringe the European Union (“EU”) antitrust rules. The investigation comes in a context of revived regulatory focus globally into these ...

June 26, 2018, Covington Alert

On June 21, 2018, the European Commission (“Commission”) started a new investigation to determine whether so-called destination clauses in Qatar Petroleum’s liquefied natural gas (“LNG”) supply contracts with European buyers infringe the European Union (“EU”) antitrust rules.

June 25, 2018, Covington Competition

Introduction Gun-jumping has been in the spotlight this year both at the European level and in the UK. At the EU level, first there was DG Competition’s record fining of Altice of € 124.5m (here) and then the Court of Justice of the EU (“CJEU”) ruled on the scope of the EU law standstill obligation...… Continue Reading

June 11, 2018, Covington Competition

Introduction In a recent blog post where we reflected on DG Competition fining Altice a record € 124.5m for gun-jumping, we already anticipated the Ernst & Young P/S v Konkurrenceradet judgment where, for the first time, the Court of Justice of the EU (CJEU) provides guidance on the scope of the standstill obligation under the...… Continue Reading

May 21, 2018, Bloomberg

Elaine Whiteford is quoted in a Bloomberg article regarding the push for the Competition and Markets Authority to take a more aggressive role in overseeing the top accounting firms. There’s some momentum with the CMA,” says Whiteford. “They want to make a splash, they’re keen to get some big wins to justify themselves. The auditors are never going to be flavor ...

May 9, 2018

LOS ANGELES—Covington partners Carolyn Kubota, Robyn Polashuk, and Sonya Winner have been named to the Daily Journal’s 2018 “Top 100 Women Lawyers” list, recognizing the “top women lawyers in California.” Based in the firm’s Los Angeles office, Ms. Kubota is a member of the American College of Trial Lawyers and has served as lead counsel on high-profile ...

May 1, 2018

WASHINGTON—Covington advised Elbit Systems Ltd. in its $120 million acquisition of the assets and operations of the privately owned U.S. company, Universal Avionics Systems. Elbit Systems is an international high technology company engaged in a wide range of defense, homeland security, and commercial programs throughout the world. Universal Avionics is a ...

March 23, 2018, The American Lawyer

Derek Ludwin and James O'Connell are quoted by The American Lawyer in an article examining a decision by the ITC stating that United States Steel cannot bring antitrust claims against 40 Chinese steel manufacturers over alleged price-fixing. Ludwin, who represents Baosteel America with O'Connell and Sturgis Sobin, says that even though Section 337 is not often ...

March 12, 2018, The Times

Andrea Zulli is quoted by The Times in an article regarding action taken by UPS to sue the EU's antitrust watchdog for blocking its merger with TNT Express. According to Zulli, the European Commission is “highly competent” in its merger reviews. “However, it would be a welcome move if the ECJ confirmed the General Court’s judgment in the UPS case. It is key for ...

March 2, 2018

NEW YORK—Covington advised Mavis Tire Holdings LLC, and its family owners, and other owners, including investment funds managed by ONCAP, in its agreement to merge with Express Oil Change & Tire Engineers, a Golden Gate Capital portfolio company, creating one of the largest independent automotive service platforms in the United States. Mavis Discount Tire, based ...

February 27, 2018

WASHINGTON—Covington successfully represented Discovery Communications, Inc. in a U.S. Department of Justice investigation into Discovery’s acquisition of Scripps Networks Interactive. Discovery announced earlier today that the DOJ closed its investigation into the transaction. Discovery announced in July 2017 that it had reached a definitive agreement to ...

February 2018, Concurrences

February 5, 2018, Law360

Covington was named a 2017 Sports Practice Group of the Year by Law360. According to Ben Block, one of the most rewarding aspects of the sports group is the opportunity to work with repeat clients. "But," he adds, "every year and every day is a new, different, and exciting challenge." Commenting on the Tax Court victory on behalf of the Boston Bruins in a ...

February 2018, CPI Antitrust Chronicle

February 2018, Competition Law & Policy Debate

January 30, 2018, Global Competition Review

Elaine Whiteford is quoted in a Global Competition Review article regarding the anticipated European Court of Justice ruling that will determine whether the EU damages directive can be applied to a damages action in Portugal. According to Whiteford, the high court will likely respond to the questions by referring to principles of EU law and not the damages ...

January 25, 2018, Behavox

Louise Freeman is quoted in a Behavox article regarding the UK Financial Conduct Authority's (FCA) statement of objections to four asset management firms, signifying the first time the FCA has used its competition enforcement powers. According to Freeman, firms should expect further scrutiny, and to prepare accordingly. “They started with a very wide asset ...

January 22, 2018

WASHINGTON—Covington advised Bacardi Limited in its definitive agreement to acquire Patrón Spirits International AG and its PATRÓN® brand, the world’s top-selling ultra-premium tequila, from John Paul DeJoria, a founder of Patrón. The transaction reflects an enterprise value for Patrón of $5.1 billion. The transaction follows the successful relationship the ...

January 16, 2018

WASHINGTON—Global Competition Review has once again named Covington to its 2018 "Global Elite," a list of the top 25 antitrust practices worldwide, as well as including the firm in the list of top ten practices globally for both Mergers and Antitrust Litigation. Each year, GCR undertakes extensive analysis of antitrust and competition law groups in 50 ...

January 9, 2018, Covington Alert

2017 was another year of active enforcement globally—including in the U.S., despite the start of a new Presidential Administration touting an aggressive deregulatory agenda. Transactions in consolidated industries drew enforcement fire in both Europe and the United States (Dow/DuPont, ChemChina/Syngenta, Bayer/Monsanto, AT&T/TimeWarner). And, in March, the UK ...

December 26, 2017

SILICON VALLEY—The Financial Times has recognized Covington among the most innovative firms in 2017 in the category of "Enabling Business Growth," for advising "Tencent in its acquisition of a $8.6bn majority stake in Supercell, the Finnish gaming company, while maintaining Supercell’s creative culture and retaining its employees by introducing incentive ...

December 7, 2017, Covington Alert

On 6 December 2017, the Court of Justice of European Union (CJEU) issued its long-awaited Judgment in Coty Germany GmbH v Parfümerie Akzente GmbH. Taking an approach similar to that adopted by Advocate General (AG) Wahl in his Opinion in July, the CJEU found that a supplier of luxury goods may prevent its authorised retailers from using third-party platforms in ...

November 30, 2017

WASHINGTON—Covington represented Aristocrat Leisure Limited in its $990 million acquisition of Big Fish Games, Inc. This acquisition expands Aristocrat’s Social Gaming business into new game genres. Aristocrat is a global provider of gaming solutions. It offers a diverse range of products and services including electronic gaming machines and casino management ...

November 22, 2017, PaRR

Johan Ysewyn is quoted in a PaRR article examining whether the recent judgment in the Intel case will impact future cartel cases. While Ysewyn does not expect the Intel decision to be a “game-changer” in how cartel proceedings are conducted going forward, “it’s not bad for the Commission to be reminded what the rules are.”

November 10, 2017

BRUSSELS—Politico has named Covington partner Miranda Cole to its “2017 Women Who Shape Brussels” list, a group of “20 powerhouses driving debates and influencing policy in 2017.” In its profile of Ms. Cole, the publication highlights her defense of leading technology clients, including Microsoft, Facebook, and Verizon, before the European Commission. Politico ...

November 1, 2017

WASHINGTON—Covington represented CenturyLink in its acquisition of Level 3 Communications in a cash and stock transaction valued at approximately $34 billion. The acquisition closed today. The firm assisted Century Link in obtaining regulatory approvals by the Federal Communications Commission and state public utilities regulators, and in national security ...

October 27, 2017

NEW YORK—Covington represented SK Holdings Co., Ltd. in its acquisition of a significant minority interest in Eureka Midstream Holdings, LLC, a midstream energy company that owns and operates approximately 340 miles of gas gathering pipelines in Ohio and West Virginia. The transaction closed in early October 2017. SK Group is a top three conglomerate in South ...

October 23, 2017

BRUSSELS—Covington was named “Best Competition and Antitrust Law Firm” at the Belgian Legal Awards 2017. Covington has advised on a number of high-profile matters subject to competition issues or inquiries. These include significant matters for Belgian and international clients in a series of Belgian and European merger control, cartel defense, abuse of ...

September 26, 2017, The Pink Sheet

A blog post by Jennifer Boudet and Miranda Cole is referenced in a Pink Sheet article regarding the Advocate General's Opinion in Hoffmann-La Roche vs Autorità Garante della Concurrenza e del Mercato. Boudet and Cole write, if the opinion was followed by the full court it could have "significant implications for market definition in relation to pharmaceutical ...

September 21, 2017, Covington Alert

On September 14, 2017, the Financial Conduct Authority (FCA) confirmed that it was making a Market Investigation Reference (MIR) to the Competition and Markets Authority (CMA) in relation to services for investment consultancy and fiduciary management. This is the first time the FCA, which has significant numbers of competition lawyers within its ranks, has ...

September 11, 2017, The Lawyer

Hilary Prescott is quoted by The Lawyer in an article regarding Covington's new program in London which sends a trainee to the Brussels office for six months to work on EU competition law. According to Prescott, "We are excited to be constantly evolving the trainee programme, to keep up with the growth of our business in London and globally.”

September 6, 2017, Politico

Kevin Coates is quoted in a Politico article regarding the CJEU's long-awaited judgment in the Intel case. According to Coates, “It seems to clarify the case law in the direction of more economic analysis."

September 6, 2017, PaRR

Kevin Coates is quoted in a PaRR article regarding the CJEU's decision in the Intel abuse-of-dominance case. According to Coates, “When a court says the case law needs clarifying, they are moving on a little." He adds that the CJEU is “moving the dial incrementally” in favour of more economic analysis as compared to the traditional case law of the court going ...

September 6, 2017, Global Competition Review

Kevin Coates is quoted in a Global Competition Review article regarding the CJEU's judgment in the Intel abuse-of-dominance case, which now returns to the general court. According to Coates, the ruling incrementally moves the case law, requiring the enforcer to apply the AEC analysis if the defendant brings evidence forward in the administrative procedure, but ...

September 6, 2017, Law360

Kevin Coates is quoted in a Law360 article regarding the CJEU's decision to send a €1.06 billion abuse-of-dominance fine imposed on Intel back to the lower court for another look. According to Coates, the high court’s decision was more of a criticism of the lower court’s handling of the case than of the commission’s conclusions about the rebates. “It’s really ...

September 6, 2017, Financial Times

Kevin Coates is quoted in a Financial Times article regarding the CJEU's judgment in the Intel case where the higher court sent the case back to the general court. According to Coates, "It is more a criticism of the general court for not looking at the whole decision but only looking at a part of it." 

August 15, 2017

WASHINGTON—Covington, together with Israeli-based law firm Allens and Herzog Fox & Neeman, is representing Aristocrat Leisure Limited, a leading provider of gaming solutions, in its acquisition of Plarium Global Limited and the related acquisition financing.  Aristocrat will make an upfront cash payment of $500 million plus earn-out payments based on Plarium’s ...

August 10, 2017

NEW YORK—Covington is representing IFM Therapeutics in its sale to Bristol Myers Squibb for $300 million in cash and the right to receive contingent payments upon achievement of specified milestones that could total in excess of $1 billion for each of its two oncology programs. Prior to closing, IFM will spin off its inflammation program to a newly-formed ...

August 7, 2017, The Law Society Gazette

July 26, 2017, Global Competition Review

Elaine Whiteford is quoted in a Global Competition Review article regarding the UK Competition Appeal Tribunal's decision to block a £14bn class action lawsuit against MasterCard from proceeding. "Some people possibly thought when the jurisdiction was introduced that the CAT would want to encourage lots of claims in early years and would want to get a bit more ...

July 24, 2017, Covington Alert

On Friday July 21, 2017 the UK’s Competition Appeal Tribunal (the “CAT”) handed down its second class certification decision under the class actions regime introduced by the Consumer Rights Act 2015 (the “Act”). It dismissed the application for two reasons. First, the proposed representative failed to show that it could reasonably estimate damages in the ...

July 21, 2017, Legal Business

Elaine Whiteford is quoted in a Legal Business article regarding the Competition Appeal Tribunal's decision to block a £14bn class action lawsuit against MasterCard from proceeding. According to Whiteford, "From a perspective of funding of claims, the judgment is encouraging as it clarifies a funders’ uplift can be paid from undistributed damages," one of ...

July 21, 2017, Bloomberg

Elaine Whiteford is quoted in a Bloomberg article regarding the UK Competition Appeal Tribunal's decision to block a £14bn class action lawsuit against MasterCard from proceeding. “The mobility scooters case ended up being modest to the point it became uneconomic,” says Whiteford. “If you look at MasterCard, it’s the other extreme -- a very ambitious claim -- ...

July 21, 2017, Global Competition Review

Elaine Whiteford is quoted in a Global Competition Review article regarding the UK Competition Appeal Tribunal's decision to block a £14bn class action lawsuit against MasterCard from proceeding. According to Whiteford, it is surprising that Merricks was not afforded an opportunity to serve an amended claim form - as was permitted in the Gibson mobility scooters ...

July 21, 2017, Commercial Dispute Resolution

Elaine Whiteford is quoted in a Commercial Dispute Resolution article regarding the UK Competition Appeal Tribunal's decision to block a £14bn class action lawsuit against MasterCard from proceeding. “Given that this is a new regime, and given that in the Gibson case, the CAT adjourned the hearing of the application for the CPO to afford the claimant the ...

July 14, 2017

BRUSSELS—Covington successfully represented the Belgian State in a state aid investigation, raising a series of previously unexplored issues. The European Commission final decision adopted a novel approach to the Market Economy Investor principle, to the establishment of the relevant market benchmark, and to calculating the comparable market price in such a ...

July 12, 2017

LONDON—Covington is advising Central European Media Enterprises Ltd. (CME) on the sale of its broadcast operations in Croatia and Slovenia to Slovenia Broadband S.à r.l for approximately $262.2 million. The transaction is expected to close by the end of 2017.  CME is a NASDAQ-listed media and entertainment company operating leading businesses in six Central and ...

July 7, 2017, Reuters

Deborah Garza is quoted in a Reuters article regarding the Trump Administration's delay in choosing a permanent chair for the Federal Trade Commission. Garza notes, "The chair sets the priorities. It's important to have that person in to set the direction and pursue initiatives."

July 5, 2017

WASHINGTON—Covington partner Deborah Garza testified on Thursday before the U.S. House of Representatives Subcommittee on Regulatory Reform, Commercial and Antitrust Law to present the International Competition Policy Expert Group’s (ICPEG) report and recommendations. Ms. Garza currently serves as co-chair of ICPEG. Assembled by the U.S. Chamber of Commerce last ...

June 30, 2017, Global Competition Review

Deborah Garza is quoted in a Global Competition Review article following her testimony before the House Judiciary Subcommittee on Regulatory Reform, Commercial and Antitrust Law where she presented the findings and recommendations of the International Competition Policy Expert Group's report on mitigating international abuses of competition law that harm U.S. ...

June 29, 2017, Law360

Deborah Garza is quoted in a Law360 article following her testimony before the House Judiciary Subcommittee on Regulatory Reform, Commercial and Antitrust Law where she presented the findings and recommendations of the International Competition Policy Expert Group's report on mitigating international abuses of competition law that harm U.S. companies. According ...

June 16, 2017

LONDON—Euromoney Legal Media Group has selected three Covington lawyers for its annual “Europe Women in Business Law Awards.” The awards honor women in the legal sector across Europe. The Covington lawyers recognized are: Louise Nash, Best in Mergers & Acquisitions. Ms. Nash focuses on M&A and other transactional matters for clients in the consumer brands, ...

June 12, 2017

LOS ANGELES—Covington partners Robyn Polashuk, Clara Shin, and Sonya Winner have been named to the Daily Journal’s 2017 “Top 100 Women Lawyers” list, which recognizes the leading women lawyers in California who “try complex commercial disputes and put together industry-transforming deals.” Managing partner of the firm’s Los Angeles office, Ms. Polashuk focuses ...

May 10, 2017, Silicon Valley Business Journal

Emily Henn was profiled by Silicon Valley Business Journal as a part of the publication's "Women of Influence" feature, honoring 100 of the most influential business women in Silicon Valley.

April 26, 2017

SILICON VALLEY—Silicon Valley Business Journal has named Covington partner Emily Henn to its annual “Women of Influence” list, honoring “100 of the most influential business women in Silicon Valley.”   Ms. Henn serves as co-chair of the firm’s Class Action Litigation Practice, specializing in defending antitrust, consumer, and other types of class actions. Ms. ...

April 26, 2017, Commercial Dispute Resolution

Elaine Whiteford chaired a panel at CDR's Spring Litigation Symposium on the European Union Directive on Antitrust Damages Actions and is quoted in a Commercial Dispute Resolution article. According to Whiteford, the Directive provides that national courts are able to order the defendant, the claimant or a third party to disclose relevant evidence. “The ...

April 18, 2017, Inside U.S. Trade

Deborah Garza spoke at an event hosted by the U.S. Chamber and is quoted in an Inside U.S. Trade article regarding recommendations included in the International Competition Policy Expert Group’s recent report. “I thought the Chamber was smart and our group was smart in recognizing that the best way to approach the issue though was through a combined one-two ...

April 11, 2017, Competition Law Insight

April 7, 2017, Covington Alert

The UK’s Competition Appeal Tribunal (the “CAT”) has handed down its first class certification judgment in relation to the class actions regime introduced by the Consumer Rights Act 2015 (the “Act”). The result? The hearing has been adjourned, with the proposed representative allowed to file and serve an amended Claim Form and revised expert evidence, if so ...

April 1, 2017, The Street

Theodore Voorhees is quoted by The Street in an article regarding concern over President Trump’s involvement in merger enforcement. Commenting on Trump’s tweets, Voorhees says, "There is a danger here with public perception. We've already seen that the president has difficulty restraining himself from tweeting things but the Administration that been put around ...

March 30, 2017, Law360

Thomas Barnett is quoted in a Law360 article regarding competition policy under President Trump. Barnett recalls that one of the first competition policy acts of the Obama Administration was to formally withdraw the contentious report on monopoly conduct under Section 2 of the Sherman Act that had just been issued at the end of the Bush administration. Although ...

March 29, 2017, Global Competition Review

Elaine Whiteford was a panelist at GCR Live Cartels and is quoted by Global Competition Review in an article regarding ways in which EU member state judges could avoid provisions in the EU’s Damages Directive. Whiteford said European Commission and EU member state enforcers’ decisions being binding on courts is a phrase that “trips very easily off the tongue – ...

March 28, 2017, mLex

Deborah Garza is quoted in an mLex article regarding the appointment of Makan Delrahim to head the Justice Department’s Antitrust Division. Commenting on Delrahim’s interest in the nexus between intellectual property and antitrust law, Garza predicts there may be a “rebalancing” related to intellectual property rights and antitrust with Delrahim and FTC acting ...

March 27, 2017, Law360

Deborah Garza is quoted in a Law360 article regarding the appointment of Makan Delrahim to head the Justice Department’s Antitrust Division. Given President Trump’s comments on the proposed merger between AT&T and Time Warner, there is some concern about caving to White House pressure. However, according to Garza, it wouldn't be the first time the division had ...

March 23, 2017, Global Competition Review

Deborah Garza discusses antitrust cartel enforcement ahead of GCR Live Cartels in an interview with Global Competition Review.

March 17, 2017, Global Competition Review

Deborah Garza is quoted in a Global Competition Review article examining the new report released by the U.S. Chamber of Commerce’s International Competition Policy Expert Group. According to Garza, who co-chairs the group, “there is legitimate concern that some countries may be using their competition laws to distort competition and to favour their own interests ...

March 15, 2017, Law360

Deborah Garza is quoted in a Law360 article examining the new report released by the U.S. Chamber of Commerce’s International Competition Policy Expert Group. According to Garza, who co-chairs the group, “The U.S. has long supported the use of antitrust law to promote competitive markets that drive economic development and prosperity.” She adds, “But there is ...

March 14, 2017

WASHINGTON—The International Competition Policy Expert Group (ICPEG), a bipartisan, independent committee of leading experts in trade and competition law and economics formed at the invitation of the U.S. Chamber of Commerce and co-chaired by Covington’s Deborah Garza and Sidley’s Andrew Shoyer, has released a policy analysis and recommendations for a more ...

March 6, 2017, The Law Society Gazette

March 1, 2017, Commercial Dispute Resolution

Elaine Whiteford and Louise Freeman spoke at Commercial Dispute Resolution’s second Spring Competition Litigation Symposium on the EU Damages Directive and are mentioned in an article providing highlights from the event. According to Freeman, lawyers should enable economists to give the best evidence they can, emphasizing that the same lawyers should completely ...

February 15, 2017

John Hall and Deborah Garza are quoted in a Commercial Dispute Resolution article regarding likely litigation challenges in 2017. According to Hall, Covington’s workload is at historic highs, with “no sign of that upward trend abating,” noting that the changing legal and regulatory environment would continue to create demand. Commenting on antitrust and the ...

February 14, 2017, Competition Law Insight

Andrea Zulli discusses his career, interests, and competition law in an interview with Competition Law Insight. 

February 10, 2017

SAN FRANCISCO—The BTI Consulting Group has named Covington lawyers John Nields and Clara Shin to its 2017 “Client Service All-Stars” list, which recognizes “remarkable attorneys and their ability to rise above all others with the most demanding clients.” Mr. Nields, based in Washington, is a highly regarded trial lawyer and member of the firm’s litigation and ...

February 2017, Antitrust Source

January 31, 2017, Compliance Week

Michael Fanelli and Kevin Coates are quoted in a Compliance Week article examining how companies are navigating the global enforcement landscape. Commenting on global antitrust investigations, Fanelli says, “[Cooperation] involves a real thorough investigation to show you’re doing everything you can to root out the problem.” Applying for leniency may not always ...

January 30, 2017

WASHINGTON—Covington represented India-based Piramal Enterprises and its wholly owned Critical Care subsidiary in the UK in its agreement to acquire a portfolio of intrathecal spasticity and pain management drugs from Mallinckrodt LLC.  The purchase price was $171 million, plus an earn-out of up to an additional $32 million. This is the third acquisition that ...

January 23, 2017, Journal of European Competition Law & Practice

January 19, 2017, The Litigation Daily

The Litigation Daily highlights a recent client alert on competition law enforcement trends by Johan Ysewyn, Thomas Barnett, and Deborah Garza. Under President Trump, Covington lawyers "expect enforcement policy to shift back to a more traditional conservative approach similar to that of the George W. Bush administration. We will also be watching the extent to ...

January 18, 2017, Covington Alert

2016 was another year of active enforcement globally. It was also a year of big changes of uncertain impact. June saw the dramatic vote by the United Kingdom to withdraw from the European Union—a development which we do not expect will have concrete antitrust implications in 2017, given that the UK government has not yet formally started the “Brexit process,” ...

January 17, 2017, Global Competition Review

Louise Freeman and Johan Ysewyn are quoted in a Global Competition Review article regarding Freeman’s arrival to the firm’s European Dispute Resolution practice. According to Freeman, Covington is an exciting firm to join – especially as the firm is “expanding at a phenomenal rate.” She adds, “It’s going to be great fun educating the London market on what is ...

January 17, 2017, Law360

Alex Leitch and Jeremy Wilson are quoted in a Law360 article regarding the arrival of Craig Pollack and Louise Freeman to the firm’s European Dispute Resolution practice. According to Leitch and Wilson, “The firm’s growing footprint in London is a reflection of client demand that is fueled by the increasingly challenging regulatory and compliance environment, ...

January 10, 2017, Global Competition Review

Johan Ysewyn is quoted in a Global Competition Review article regarding the EU General Court’s ruling ordering the EU to pay damages to Gascogne after finding that the court breached the company’s right to adjudication within a reasonable period. According to Ysewyn, despite the “precedent-setting” verdict, the General Court “gave itself an escape route by ...

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. ...

December 21, 2016, Law360

Law360 selected Derek Ludwin as a 2016 Sports MVP and profiled his work over the past year, including his defense of the U.S. Olympic Committee against an antitrust challenge to its longtime ban on on-field advertising brought by Olympic runner Nick Symmonds through his company, Run Gum. “This is an organization that a lot of us grew up following. It’s the ...

December 16, 2016, Covington Alert

After a wait of nearly 15 months from the introduction of class actions in the UK for antitrust damages claims, the first class certification hearing took place before the UK’s Competition Appeal Tribunal (the “CAT”) between December 12 and 14.

December 5, 2016

WASHINGTON—SportsBusiness Journal has named Doug Gibson and Gregg Levy to its list of the “50 Most Influential People in Sports Business.” Mr. Gibson and Mr. Levy are two of only four lawyers in private practice on the list, which also includes league commissioners and team owners, broadcast industry and sponsor company CEOs, and other high-profile executives in ...

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 ...

December 2016, Journal of European Competition Law & Practice

November 18, 2016, The Litigation Daily

Sturgis Sobin, Derek Ludwin, and James O’Connell were named “Litigators of the Week” by The Litigation Daily for an initial determination at the ITC on behalf of Baosteel in the first price-fixing case in almost 40 years at the agency, terminating U.S. Steel’s antitrust claim. According to Sobin, the argument was as much about educating the judge about the ...

October 27, 2016, Global Competition Review

Deborah Garza participated in the GCR “Women in Antitrust Roundtable.” Among her many comments, Garza provided advice to young lawyers just beginning their careers: “I advise young lawyers to take control over their careers and their development as lawyers. That means not just waiting for whatever assignments are given to you, but seeking out assignments and ...

October 25, 2016, Society for Human Resource Management

Phillip Warren is quoted in a Society for Human Resource Management article regarding guidance released by the DOJ and the FTC alerting HR professionals to potential violations of antitrust laws stemming from nonpoaching or wage-fixing agreements with competing companies. According to Warren, “This is a major policy shift.” He continues, “The government has ...

October 21, 2016

WASHINGTON—Covington represented India-based Piramal Enterprises and its wholly owned Critical Care subsidiary in the UK in the acquisition of five anesthesia and pain management injectable products from Janssen Pharmaceutica NV, in an all cash deal for an upfront consideration of US$155 million, and up to an additional US$20 million. The products to be acquired ...

October 19, 2016, Covington Alert

On September 15, 2016, the European Commission published its Preliminary Report on the ongoing e-commerce sector inquiry. The report is based on the input from nearly 1,800 companies operating in e-commerce of consumer goods and digital content and has analyzed around 8,000 distribution contracts. The report confirms the fast growth of e-commerce in the EU and ...

October 18, 2016, Competition Law Insight

October 10, 2016

LONDON—Elaine Whiteford has joined Covington as a partner in the European Dispute Resolution practice resident in the firm’s London office. Ms. Whiteford’s practice focuses on contentious competition law matters and follow-on damages litigation, challenges to regulatory decisions, cartel and other regulatory investigations, and other types of commercial ...

September 21, 2016

SHANGHAI—China Law & Practice has named Covington as “Regulatory & Compliance Firm of the Year” at its annual award ceremony. The leading Chinese legal publication also recognized Shanghai partner Eric Carlson as “Regulatory & Compliance Lawyer of the Year” and the firm for its role in the “Outbound Deal of the Year,” China National Tire & Rubber’s $7.8 billion ...

September 12, 2016, Covington Alert

The General Court (the “GC” or the “Court”) delivered its judgment in the Lundbeck ‘pay-for-delay’ case last Thursday (Case T-472/13 Lundbeck v Commission). In its judgment, the GC confirms the European Commission (the “Commission”)’s decision (the “Decision”), namely that the agreements between Lundbeck and the generic producers (Merck KGaA/Generics UK (“GUK”), ...

September 2016, Competition Law & Policy Debate

August 30, 2016, Global Competition Review

Deborah Garza is quoted in a Global Competition Review article regarding the formation of the U.S. Chamber’s bi-partisan group of leading antitrust and competition experts. According to Garza, there are “across-the-board” bipartisan views when it comes to the issues identified by the U.S. Chamber in the area of international antitrust. She continues, there is “a ...

August 30, 2016, Inside U.S. Trade

Deborah Garza is quoted in an Inside U.S. Trade article regarding the U.S. Chamber’s newly-assembled group of experts which is expected to develop recommendations for how the next administration and Congress should approach issues related to trade and antitrust policy. According to Garza, due process and transparency obligations are necessary to ensure against ...

August 26, 2016

WASHINGTON—The U.S. Chamber of Commerce has announced the formation of a bi-partisan, independent group of leading antitrust and competition experts, which will be co-chaired by Covington’s Deborah Garza and Sidley’s Andrew Shoyer. The group will consider the challenges presented by globally divergent approaches to antitrust and the interplay between competition ...

July 26, 2016, Competition Law Insight

Kevin Coates discusses his career highlights and the legal landscape in this interview with Competition Law Insight.

July 20, 2016, Global Competition Review

Kevin Coates participated in the American Bar Association’s criminal antitrust conference and is quoted in a GCR article regarding the effects of Brexit on antitrust. According to Coates, the effects of Brexit on competition law will only be felt if the United Kingdom decides it wants an economic relationship with the European Union different from one created by ...

July 20, 2016, Global Competition Review

Phillip Warren participated in the American Bar Association’s bi-monthly criminal antitrust update and is quoted in a GCR article regarding the lower amount of criminal antitrust fines this year. According to Warren, “More than anything, the drop in numbers results from the winding down of the current financial sector and auto parts matters.” He continued, “It ...

July 19, 2016, PaRR

Kevin Coates spoke at an American Bar Association webinar entitled “Cartel and Criminal Practice Update” and is quoted in a PaRR article regarding the significance of the European Commission’s July truck cartel decision. According to Coates, this is the first case in which the EC issued a normal procedure statement of objections (SO) to parties, and then agreed ...

July 19, 2016, Global Competition Review

Alex Leitch and Jeremy Wilson are quoted in a GCR article regarding the arrival of Elaine Whiteford to Covington’s European dispute resolution practice. “We are thrilled with Elaine’s decision to join the firm. She brings a wealth of EU litigation experience, which we see as a real asset in the current market.”

July 19, 2016, ABA Section of Antitrust Law

July 18, 2016, Legal Week

Alex Leitch is quoted in a Legal Week article regarding the arrival of Elaine Whiteford to the firm’s European competition practice. According to Leitch, “[Whiteford] brings a wealth of EU litigation experience, which we see as a real asset in the current market, impacted by many developments around Europe, including Brexit related disputes, and the new class ...

July 18, 2016, Legal Business

Alex Leitch is quoted in a Legal Business article regarding the arrival of Elaine Whiteford to the firm’s European competition practice. According to Leitch “She brings a wealth of EU litigation experience, which we see as a real asset in the current market, impacted by many developments around Europe, including Brexit related disputes, and the new class action ...

July 13, 2016, Covington Alert

On July 1, 2016, the German Federal Ministry of Economic Affairs and Energy published a proposed draft amendment to the German Act against Restraints of Competition, which would introduce a new merger control notification threshold based on transaction value. The draft (i) introduces a new merger control notification threshold based on transaction value, (ii) ...

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 ...

June 30, 2016

BRUSSELS—With the latest addition of Ambassador Péter Balás, Covington has further enhanced its global Antitrust and Competition and Public Policy and Government Affairs practices. The firm’s strategic growth in Europe includes the addition of the following professionals in recent months: Ambassador Péter Balás, the former Deputy Director-General of DG ...

June 30, 2016, Covington Advisory

This morning, the Federal Trade Commission (“FTC”) announced a 150% increase in the maximum daily penalty for premerger notification violations under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”), from $16,000 to $40,000.

June 29, 2016, The Wall Street Journal

Johan Ysewyn is quoted in a Wall Street Journal article regarding the possibility that the UK could alter its tax code to entice businesses following the Brexit vote. According to Ysewyn, “The temptation will be very high to bail out of the EU state aid rules…It would be nice [for the UK] not to have to deal with the whole Brussels layer.”

June 21, 2016

SILICON VALLEY—Covington advised Tencent Holdings Limited, a leading provider of internet service in China, in connection with its acquisition of a majority stake in Supercell from SoftBank. A consortium established by Tencent will acquire up to 84% of Supercell for $8.6 billion in a transaction valuing Supercell at approximately $10.2 billion. Supercell is a ...

May 31, 2016

WASHINGTON—Covington advised Graham Media Group in its definitive agreement to purchase WCWJ, the CW affiliate serving Jacksonville, FL and WSLS-TV, the NBC affiliate serving Roanoke and Lynchburg, VA, from Nexstar Broadcasting Group and Media General. The Covington team included corporate partners Paul Rogers and Michael Cutler, with associate Adina Lord. ...

May 6, 2016, Insight

May 4, 2016, Bloomberg

Deborah Garza is quoted in this Bloomberg article discussing the Justice Department’s recent merger investigations under Bill Baer. According to Garza, "The Justice Department is increasingly adopting the Nancy Reagan slogan: ‘Just say no.’"

April 20, 2016

BRUSSELS — Sophie Bertin, a former senior official who served as Head of Unit in the “Financial Crisis” Task Force within the Directorate-General for Competition at the European Commission, has joined forces with Covington’s global antitrust and competition practice. Ms. Bertin will be working with the firm’s Brussels and London offices. At DG COMP, Ms. Bertin ...

April 20, 2016

LOS ANGELES — Covington partners Emily Henn, Robyn Polashuk and Sonya Winner have been named to the Daily Journal’s annual list of “Top Women Lawyers” in California. The list recognizes 100 lawyers who “try complex commercial disputes and put together industry-transforming deals.” Ms. Henn, based in the firm’s Silicon Valley office, co-chairs the firm’s Class ...

April 13, 2016, National Defense

Scott Freling is quoted in this National Defense article exploring the DOJ and FTC joint statement on preserving competition in the defense industry. According to Freling, the interagency truce should “provide some comfort” to defense contractors that mergers and acquisitions can go forward, albeit “under the right circumstances.” Brown adds, the statement ...

April 7, 2016, ABA Section of Antitrust Law 64th Annual Spring Meeting “Hot Topics” Panel

April 6, 2016

WASHINGTON, DC — Global Competition Review has selected Expedia’s $1.3 billion acquisition of Orbitz Worldwide as its “Merger Control Matter of the Year - Americas” at the GCR Awards 2016. Covington partners Thomas Barnett and Anne Lee served as lead antitrust counsel to Expedia during the transaction. The acquisition triggered a U.S. Department of Justice ...

April 5, 2016, Global Competition Review

Robert Wick recently spoke at “GCR Live: Cartels” and was quoted extensively in an article about the event. Without government enforcers coordinating during cartel investigations and follow-on actions, Wick says there is a risk of disproportionate punishment, “whether it’s criminal sentences or whether it’s fines that could be disproportionate.”

April 5, 2016, Global Competition Review

Eric Holder’s remarks from “GCR Live: Cartels” are quoted extensively in this GCR article. Holder said, “Regardless what the election holds in November, my strong belief is that the antitrust division will continue to focus on cartel enforcement. This is a priority for the Justice Department now, and will continue to be for the next attorney general.”

April 4, 2016

BRUSSELS — Kevin Coates, a former senior official who served as Head of one of the Cartels Units at the Directorate-General for Competition at the European Commission between 2012 and 2016, has joined Covington’s antitrust and competition practice. Over the last 16 years, Mr. Coates has held several senior positions within DG COMP and before that served as ...

April 4, 2016, Global Competition Review

Kevin Coates, Johan Ysewyn and Deborah Garza are quoted in this GCR article announcing the arrival of Coates as a partner in the firm’s European competition practice.

March 31, 2016, Global Competition Review

Peter Camesasca discusses private cartel actions in the European Union in this interview with GCR.

March 15, 2016, Competition Law Insight

March 11, 2016, Global Competition Review

Johan Ysewyn is quoted in this GCR article covering Société Générale’s decision to drop its appeal after the European Commission agreed to reduce the penalty. According to Ysewyn, “If the reduction is substantial, the danger is that, in the future, this would be read as a precedent by other companies who settle and would try their luck in court.” 

March 8, 2016, Global Competition Review

Alex Leitch and Kenny Henderson are quoted in this GCR article discussing the launch of the first opt-out class action in the UK.  According to Leitch, “If the case is not settled and the class is granted a collective proceedings order, this will be the trickle that may form into a steady flowing stream.” He continues by stating that the class seems to be ...

Spring 2016, Antitrust

February 22, 2016, The Law Society Gazette

Johan Ysewyn is quoted by The Law Society Gazette in an article discussing changes in competition policy and enforcement, and what these changes mean for lawyers. “The commission likes its fines, but I think it takes a balanced view that it also likes companies changing their trading behaviour,” says Ysewyn. Ysewyn continues by commenting on the changing nature ...

February 16, 2016, Competition Law Insight

Miranda Cole is showcased by Competition Law Insight in this feature. 

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 ...

January 27, 2016, Global Competition Review

Deborah Garza is quoted by GCR discussing mergers that are left pending for antitrust review for more than a year. According to Garza, “Going into a deal, companies should ensure they are fully aware of regulatory and timing risks so that they can try to protect themselves against the risk of change in market conditions.”

January 19, 2016, Global Competition Review

Johan Ysewyn is quoted in this GCR article discussing the recent judgments released by the European General Court, upholding penalties against Mitsubishi and Toshiba. According to Ysewyn, the case is an “illustration of the delicate and very complex fining issues facing the European Commission when companies change corporate structures in the course of a cartel.”

January 15, 2016

WASHINGTON, DC — Global Competition Review has again named Covington to its 2016 “Global Elite,” a list of the top 25 antitrust practices worldwide. Each year, GCR undertakes extensive analysis of antitrust and competition law groups in 50 jurisdictions around the world. In its profile of the firm, GCR calls Covington’s antitrust and competition practice an ...

January 8, 2016, Covington Alert

December 10, 2015

WASHINGTON, DC, December 10, 2015 - Global Competition Review has named Covington partner Anne Lee to its “40 Under 40” list, profiling 40 of the world’s top young antitrust lawyers, enforcers and in-house counsel. Ms. Lee represents clients in complex commercial and antitrust litigation, including cases at the trial and appellate levels in both state and ...

December 9, 2015

NEW YORK, December 9, 2015 - Covington advised Grupo P.I. Mabe, the leading producer of hygienic products in Mexico, on its sale to Ontex Group NV, a publicly listed company based in Belgium. The transaction is expected to close in the first quarter of 2016. The transaction will require regulatory approvals in Mexico, the US and certain other countries, and has ...

December 8, 2015

NEW YORK, December 8, 2015 - Covington represented Ascension, the nation’s leading Catholic and non-profit health system, in a $200 million investment transaction with TowerBrook Capital Partners in Accretive Health, a leading provider of revenue cycle management services to healthcare providers. The transaction is expected to close in the first quarter of ...

November 16, 2015

Covington hosted a media roundtable with Brick Court Chambers to discuss the UK class action regime, and the effect of rule 119 of the Competition Appeal Tribunal’s provision. The Times of London and Global Competition Review covered the discussion. According to Alex Leitch, either “judicial common sense” would prevail to find a way round the limitation period ...

November 11, 2015, Global Competition Review

Johan Ysewyn is quoted in a Global Competition Review article discussing Belgium’s Competition Authority’s draft leniency guidelines that have been launched for public consultation. Ysewyn, who welcomed the guidelines, said the new draft policy is “definitely workable.” “Awarding natural persons being granted immunity regardless of the position in which they ...

November 5, 2015, Global Competition Review

Johan Ysewyn is quoted in a Global Competition Review article assessing Margrethe Vestager’s first year as European commissioner for competition. According to Ysewyn, “For the first time in quite a long while, [Europe has had] a combination of a commissioner who, I believe, understands the political nuances of competition law, and a director general who actually ...

October 7, 2015

WASHINGTON, DC, October 7, 2015 – Covington partner Deborah Garza testified on Wednesday before the U.S. Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights in support of the proposed Standard Merger and Acquisition Reviews Through Equal Rules Act (SMARTER Act) of 2015. The SMARTER Act is a draft bill that would equalize the merger ...

October 7, 2015, The National Law Journal

Co-chair of the Antitrust and Competition Law Practice Group Deborah Garza’s testimony before the Senate subcommittee on Antitrust, Competition Policy and Consumer Rights is quoted in this National Law Journal article discussing antitrust authority in relation to the SMARTER Act. Garza has testified three separate times in support of this Act, born out of the ...

October 1, 2015, Covington Alert

September 14, 2015, Law360

September 14, 2015, Journal of European Competition Law & Practice

September 14, 2015, The Law Society Gazette

Fall 2015, Antitrust

September 2015, Korean Journal of Competition

August 2015, Korean Journal of Competition

August 2015, An Extract from The European Antitrust Review 2016

July 20, 2015, Covington Alert

July 16, 2015, Politico

Quoting Peter Camesasca regarding the Innolux judgment.

July 11, 2015, De Tijd

Quoting Johan Ysewyn regarding the recent win in the PSA case.

July 9, 2015, Global Competition Review

Quoting Peter Camesasca regarding the Innolux judgment.

July 9, 2015, Covington Alert

July 7, 2015, Competition Law Insight

July 2015, Competition Law Insight

Covington's Johan Ysewyn and Jiwon Choi wrote this Competition Law Insight piece.

July 2015, E-Commerce Law and Policy

June 23, 2015, Covington Alert

June 17, 2015

WASHINGTON, DC, June 17, 2015 — Covington Partner Deborah Garza testified on Tuesday before the U.S. House Judiciary Subcommittee on Regulatory Reform, Commercial and Antitrust Law in support of the re-introduced Standard Merger and Acquisition Reviews Through Equal Rules Act (SMARTER Act), a draft bill that would equalize the merger enforcement authority of ...

June 4, 2015

NEW YORK, June 4, 2015 — Covington acted as U.S. M&A and antitrust counsel to Joy Global, Inc., a leader in high-productivity mining solutions, on its French-law governed acquisition of Montabert S.A.S. from Doosan Holding France S.A.S., an affiliate of South Korean conglomerate Doosan Global, for EUR 110 million.   Montabert specializes in the production and ...

June 3, 2015, LegalStudio

Summer 2015, Antitrust

May 15, 2015, Law360

May 6, 2015, Covington E-Alert

May 6, 2015, Covington E-Alert

April 23, 2015

BRUSSELS, April 23, 2015 — Covington’s EU Competition practice was named Best Competition and Antitrust Law Firm at the Belgian Legal Awards 2015. Covington’s team was praised for several successes, including acting for Brabomills, a flour producer, in a cartel investigation, prompting the Brussels Court of Appeal to annul the company’s fine on the basis of ...

April 21, 2015, Covington E-Alert

April 20, 2015

WASHINGTON, DC, April 20, 2015  — Global Competition Review has selected matters led by Covington lawyers as winners of two 2015 GCR Awards.  Litigation of the Year, Cartel Defense was awarded for the defendants’ win in Motorola Mobility v AU Optronics, et al. Covington partners Robert Wick and Derek Ludwin in Washington, DC, and Jeffrey Davidson in San ...

April 8, 2015

SAN FRANCISCO, April 8, 2015  —  Law360 named Covington partner Jeffrey Davidson one of five “Rising Stars” in the area of competition law. The award honors lawyers under the age of 40 whose “legal accomplishments belie their age.” In its profile, Law360 highlighted Mr. Davidson’s role in Samsung Electronics’ victory in its high-profile antitrust litigation ...

March 20, 2015, Covington E-Alert

March 2, 2015, Law360

Spring 2015, Antitrust

February 23, 2015, Covington E-Alert

February 12, 2015

February 2, 2015, Private Equity News

January 16, 2015

WASHINGTON, DC, January 16, 2015 — For the second consecutive year, Law360 named Covington’s antitrust and competition practice one of the top “Competition Practice Groups of the Year.”Law360 recognized Covington for securing the dismissal of separate antitrust suits against clients Samsung Electronics Co. Ltd., JP Morgan Chase & Co., and Expedia, Inc. The ...

January 16, 2015, Covington E-Alert

January 2015, Corporate Counsel

December 22, 2014

WASHINGTON, December 22, 2014 — The Global Competition Review (GCR) has named Covington & Burling to its Global Elite, a list of the top 20 competition practices worldwide, ranking it among the top practices in both Brussels and Washington, D.C. Each year, GCR undertakes extensive analysis of competition law groups in 50 jurisdictions around the world. In ...

12/24/2014

WASHINGTON, DC, December 24, 2014 - Law360 named Covington partner Rob Wick a “most valuable player” in competition law. Law360’s “MVP of the Year” awards recognize lawyers who have had successes in high-stakes litigation, complex global matters, and record-breaking deals in the past year. In its profile of Mr. Wick, Law360 highlighted his win on behalf of ...

December 9, 2014, Competition Law Insight

December 5, 2014

WASHINGTON, DC, December 5, 2014 - For the second time this year, Am Law Litigation Daily named Covington & Burling’s Robert Wick as “Litigator of the Week.” Mr. Wick was honored for convincing the U.S. Court of Appeals for the Seventh Circuit to reject Motorola's attempt to hold Samsung Electronics and several other of the world’s largest liquid crystal display ...

November 26, 2014

WASHINGTON, DC, November 26, 2014 — The U.S. Court of Appeals for the Seventh Circuit today rejected Motorola Mobility LLC's attempt to hold Samsung Electronics and several other of the world’s largest liquid crystal display manufacturers liable under U.S. antitrust law for allegedly fixing prices of mobile phone displays sold to Motorola’s foreign subsidiaries. ...

November 25, 2014, Covington E-Alert

November 12, 2014, GlobalPolicyWatch Blog

November 3, 2014, Law360

Covington partners Thomas Barnett, Miranda Cole and Anne Lee provided antitrust counsel to research firm Covance in this $6 billion deal in which Covance was acquired by Laboratory Corp of America Holdings. 

November 3, 2014, Reuters

October 28, 2014, Law360

Andrea Zulli is featured in this article regarding his move to Covington: "Andrea Zulli, who will join Covington's EU competition group as of counsel, advises clients in all aspects of EU, international and Italian competition law, including merger control, cartels and other restrictive practices, antitrust compliance and abuses of a dominant position." “The ...

October 27, 2014

Brussels, 27 October, 2014 — Covington & Burling is pleased to announce that Andrea Zulli is joining the firm’s EU competition group. Mr. Zulli was previously head of the Italian antitrust and competition group at a leading international practice. Mr. Zulli will be resident in the firm’s Brussels office, and will play an important role in the firm’s EU ...

October 27, 2014

WASHINGTON, DC, October 27, 2014 —U.S. District Judge Analisa Torres recently granted summary judgment to Acorda Therapeutics in a nearly three-year-old antitrust and false advertising lawsuit brought by Apotex. Covington & Burling represented Acorda. Apotex alleged that Acorda Therapeutics had engaged in anticompetitive conduct to delay entry of Apotex’s ...

October 27, 2014, GCR

This article features Andrea Zulli, who recently joined Covington's EU competition group: Zulli, 40, will work mainly in pharmaceuticals and life sciences sectors in his new firm. He says it was a hard decision to leave Norton Rose – where he was local partner – but ultimately he wanted to return to Brussels – “the heart of antitrust in Europe”.  “Not only ...

10/30/2014

SAN FRANCISCO, October 29, 2014 — The California State Bar’s Antitrust & Unfair Competition Section recognized Covington & Burling partner Phillip Warren as the 2014 “Antitrust Lawyer of the Year.” Mr. Warren was honored at the 24th annual Golden State Antitrust and Unfair Competition Law Institute & Antitrust Lawyer of the Year event on October 16 in San ...

October 9, 2014, Global Competition Review

October 9, 2014, Global Investigations Review

October 3, 2014, Covington E-Alert

October 1, 2014, Global Competition Review

Ashley Bass, Andrew Lazerow and Anne Lee are featured in this article on their recent promotion to the partnership: "Covington & Burling has three new US antitrust partners this morning after voting to promote Ashley Bass, Andrew Lazerow and Anne Lee to the partnership in a meeting on Monday." "Lazerow, 44, who fielded questions about abortion pills and ...

September 10, 2014, Covington E-Alert

September 9, 2014, Covington E-Alert

Fall 2014, Antitrust

July-August 2017, The Journal of International Maritime Law

2014, 79 Antitrust Law Journal No. 2

June 2, 2014, Global Competition Review

May 30, 2014

SAN FRANCISCO, May 30, 2014 — Phillip Warren, former chief of the San Francisco office of the U.S. Department of Justice’s Antitrust Division, has joined Covington & Burling as a partner. He will practice in the firm’s global antitrust and competition law practice and be resident in the San Francisco office. Mr. Warren has more than 30 years of antitrust ...

May 30, 2014, The Am Law Daily

May 30, 2014, Law360

Phillip Warren, former chief of the San Francisco office of the Justice Department’s Antitrust Division, has joined Covington as a global antitrust and competition law partner in San Francisco. Law360 writes, "Covington has been busy deepening its antitrust team of late. Warren's hire was announced roughly a month after the firm hired two new competition ...

May 30, 2014, Bloomberg News

Spring 2014, Antitrust

Spring 2014, The Antitrust Bulletin

April 30, 2014, GCR

Covington partners Peter Camesasca and Johan Ysewyn are featured in the articles above regarding their move to the firm's Brussels office.

April 30, 2014, Law360

April 30, 2014, Law360

4/30/2014

Brussels, 30 April, 2014 — Covington & Burling is pleased to announce that Johan Ysewyn and Peter Camesasca are joining the firm's Brussels office as partners, where they will play substantial roles in the firm’s global antitrust and competition practice. The additions of Mr. Ysewyn and Dr. Camesasca will strengthen the firm’s existing EU competition team in ...

April 7, 2014

WASHINGTON, DC, April 7, 2014 — Covington & Burling partner Deborah Garza testified on Thursday before the U.S. House Judiciary Subcommittee on Regulatory Reform, Commercial and Antitrust Law in support of a draft bill that would equalize the merger enforcement authority of the U.S. Federal Trade Commission and U.S. Department of Justice. “The premise of SMARTER ...

April 4, 2014, The AmLaw Litigation Daily

Timothy Hester, Robert Long, Derek Ludwin and Jonathan Gimblett are mentioned regarding their representation of Samsung.

February 20, 2014, Covington E-Alert

February 19, 2014, Law360

February 11, 2014, Covington E-Alert

January 24, 2014

WASHINGTON, DC, January 24, 2014 — Covington & Burling scored a major victory for several of the world’s largest liquid crystal display manufacturers by persuading a federal judge in Chicago to dismiss antitrust claims asserted by Motorola Mobility, Inc. U.S. District Judge Joan B. Gottschall of the Northern District of Illinois found that U.S. antitrust law ...

December 20, 2013

SAN FRANCISCO, December 20, 2013 — Covington & Burling advised Emeryville, Calif.-based Aspera, Inc. in its sale to IBM. Aspera’s high-speed transfer technology helps clients securely speed the movement of massive data files around the world. Aspera's technology, licensed to clients and partners either in the cloud or on premises, reduces transmission times for ...

12/4/2013

WASHINGTON, DC, December 4, 2013 — Covington & Burling advised Chemtrade Logistics Income Fund in its $860 million acquisition of General Chemical Holding Company. The acquisition will expand Chemtrade’s North American water treatment chemicals and sulfuric acid businesses into new geographic areas and broaden the company’s specialty chemicals product portfolio. ...

November 8, 2013, Covington E-Alert

Fall 2013, Antitrust

October 27, 2013, Social Science Research Network

October 23, 2013, Law360

9/27/2013

NEW YORK, September 27, 2013 — Covington & Burling received six awards at the inaugural LMG Life Sciences awards on September 25, including “FDA Pharmaceutical Firm of the Year” and Richard Kingham’s induction to the Hall of Fame. The awards, which are selected based on a survey of peers and leading companies in the life sciences industry, “recognize and honor ...

September 3, 2013

SAN FRANCISCO, September 3, 2013 — Covington & Burling is advising Microsoft Corp. in its purchase of substantially all of Nokia’s devices & services business. Under the transaction, Microsoft will also license Nokia’s patents, and license and use Nokia’s mapping services. The total transaction price is EUR 5.44 billion in cash — or more than $7 billion. The ...

Fall 2013, Antitrust

August 22, 2013, Corporate Counsel

July 19, 2013, Covington E-Alert

July 2, 2013, Covington E-Alert

June 21, 2013, Covington E-Alert

June 19, 2013, Covington E-Alert

June 7, 2013, Covington E-Alert

April 9, 2013

WASHINGTON, DC, April 8, 2013 — Euromoney Legal Media Group has named Covington & Burling and Deborah Garza to its Americas Women in Business Law Awards shortlist. The firm was selected in the categories Best International Firm for Talent Management and Best Firm in the U.S. West Region. Ms. Garza, co-chair of Covington’s antitrust practice, was shortlisted in ...

March 28, 2013

WASHINGTON, DC, March 28, 2013 — Lanny A. Breuer, most recently the Assistant Attorney General for the Criminal Division at the U.S. Department of Justice, is returning to Covington & Burling as Vice Chair of the firm. Mr. Breuer’s practice will encompass a wide range of civil and criminal litigation matters, as well as governmental and internal investigations. ...

March 19, 2013, Covington E-Alert

February 26, 2013

WASHINGTON, DC, February 26, 2013 — The BTI Consulting Group has named Covington & Burling partners David Martin and Henriette Tielemans to its 2013 “Client Service All-Stars” list. The BTI “Client Service All-Stars” were singled out by general counsel and direct reports at large and Fortune 1000 organizations in one-on-one interviews. Mr. Martin, based in ...

February 26, 2013, Covington E-Alert

January 30, 2013, Covington E-Alert

January 9, 2013, Covington E-Alert

2013, The Antitrust Review of the Americas

2013

2013, Competition Law Insight

November 28, 2012

NEW YORK, November 28, 2012— Covington & Burling is advising Grupo Financiero Banorte S.A.B. de C.V., and its affiliate Afore XXI Banorte, S.A. de C.V., in a $1.6-billion acquisition of Afore Bancomer, S.A. de C.V. from the Spanish bank, Banco Bilbao Vizcaya Argentaria S.A., which would create Mexico’s largest pension fund. Afore Bancomer is Mexico’s second ...

11/7/2012

WASHINGTON, DC, November 7, 2012 — Covington & Burling received 97 first-tier practice rankings in the 2013 “Best Law Firms” survey by U.S. News-Best Lawyers, placing Covington among the top 10 firms nationwide. Covington was also named “Law Firm of the Year” in both FDA Law and Corporate Compliance Law. The honor is presented to one law firm in each of the ...

November 1, 2012

WASHINGTON, DC, November 1, 2012 — Covington & Burling opens its Seoul office today after securing final approval from the Korean Ministry of Justice and the Korean Bar Association. The new office will be located in the Meritz Tower, at 825-2, Yeoksamdong in the heart of Seoul’s Gangnam business district. “We are honored to be among the first U.S. law firms to ...

October 1, 2012

WASHINGTON, DC, October 1, 2012 — Covington & Burling is pleased to announce that it has elected 15 new lawyers to its partnership. This group is comprised of diverse and talented individuals from five offices who have made their mark at the firm through exceptional work and the highest standards of client service. “We’re delighted to welcome these 15 lawyers to ...

September 6, 2012

LONDON, 06 September, 2012 — Covington & Burling LLP acted as legal advisers to Meda in an agreement with Jazz Pharmaceuticals to acquire a portfolio of six pharmaceutical products for women for $95 million in cash. The largest and most important product in the portfolio is Elestrin, a patented product with sales of almost 100 MSEK, that doctors prescribe for ...

August 27, 2012

WASHINGTON, DC, August 27, 2012 — Covington & Burling LLP lawyers received 196 individual mentions in 57 areas of law in the 2013 edition of The Best Lawyers in America. This annual compilation of top U.S. lawyers is based on peer-review surveys and is used as a referral guide in the legal profession. The Covington lawyers recognized are as ...

August 10, 2012

WASHINGTON, DC, August 10, 2012 — Covington & Burling LLP is pleased to announce that partner Theodore Voorhees has been named chair of the American Bar Association’s Section of Antitrust Law for the 2012-13 term. Covington’s Katherine Sauser will serve as the chair assistant. “It is exciting and a great honor to become chair at a time of historic proliferation ...

July 30, 2012, Law360

June 28, 2012, Covington E-Alert

June 28, 2012, Covington E-Alert

May 31, 2012, Law360

May 17, 2012, Covington E-Alert

May 15, 2012, Covington E-Alert

April 23, 2012

WASHINGTON, DC, April 23, 2012 — Covington & Burling represented AstraZeneca in its $1.26 billion acquisition of Ardea Biosciences. Under the agreement, AstraZeneca will pay $32 per share for all of the outstanding shares of Ardea. AstraZeneca is a global, innovation-driven biopharmaceutical business with a primary focus on the discovery, development and ...

4/23/2012

NEW YORK, April 23, 2012 — Covington & Burling represented Thomson Reuters in a definitive agreement to sell its Healthcare business to an affiliate of Veritas Capital for $1.25 billion in cash. The sale, expected to close in the next few months, is subject to regulatory approval and customary closing conditions, including the expiration or termination of ...

4/3/2012

BRUSSELS, 3 April, 2012 — “Industrial Policy and European Merger Control: A Reassessment” won the Best Academic Mergers Article category in connection with the inaugural Antitrust Writing Awards presented by the Institute of Competition Law and the George Washington University Law School. The article was co-authored by Damien Geradin and Ianis Girgenson, both ...

4/2/2012

LONDON, 2 April, 2012 — Global Competition Review has selected Microsoft Corp.’s $8.5 billion acquisition of Skype Global S.à.r.l. as the winner in the “Merger Control Matter of the Year - Europe” category of the GCR Awards 2012. Covington’s Brussels competition team, led by partners Lars Kjølbye and Miranda Cole, advised Microsoft on competition-related aspects ...

March 29, 2012

WASHINGTON, DC, March 29, 2012 — Euromoney Legal Media Group has named Covington & Burling and three of its partners to shortlists for the inaugural Americas Women in Business Law Awards. Covington has been shortlisted as one of the Best Firms for Minority Women Lawyers, based on the Diversity at Covington program, and for the Work-Life Balance Award, for the ...

March 23, 2012

WASHINGTON, DC, March 23, 2012 — Covington & Burling has been nominated for the 2012 Chambers USA Awards for Excellence in five national practice areas. On March 20th, Chambers released its shortlist of the law firms nominated based on their pre-eminence and recent achievements in 21 distinct practice areas. Covington was one of two firms receiving team ...

March 19, 2012

LONDON, 19 March, 2012 — Covington & Burling LLP received 46 individual mentions and 20 practice mentions in the Chambers Global 2012 edition. The guidebook, which ranks lawyers globally by pan-regional and country practice area, is designed to identify the most skilled legal practitioners based on the qualities most valued by clients. The Covington lawyers ...

March 12, 2012

WASHINGTON, DC, March 12, 2012 — Covington & Burling LLP has applied to open a new office in Seoul and tapped William H.Y. Park, a veteran corporate lawyer based in Korea, to help oversee the expansion. Mr. Park will work closely with former Ambassador to the United Nations Daniel Spiegel, senior of counsel at Covington, who will be the Foreign Legal Consultant ...

March 7, 2012

LONDON, 07 March, 2012 — Global Competition Review has selected Covington & Burling LLP to its shortlist for the “Merger Control Matter of the Year Award - Europe” for the firm’s work advising Microsoft Corp. in its $8.5 billion acquisition of Skype Global S.à.r.l. The Brussels competition team, led by partners Lars Kjølbye and Miranda Cole, advised on the ...

Spring 2012, Antitrust

February 15, 2012

WASHINGTON, DC, February 15, 2012 — BTI Consulting Group named Tim Hester, chair of Covington & Burling’s management committee, as one of its 2012 “Client Service All-Stars.” The BTI “Client Service All-Stars” are North American and European lawyers who have been identified based on the unprompted, unequivocal recommendations from corporate counsel for ...

February 6, 2012

BRUSSELS, 6 February, 2012 — The Global Competition Review has named Covington & Burling to the Global Elite, a list of the top 20 competition practices worldwide recognised in its annual GCR 100 rankings. The 2012 edition of the publication’s GCR 100 provides extensive analysis of antitrust groups in 41 jurisdictions around the world. In honoring Covington, ...

February 1, 2012

New York, February 1, 2012 — Covington & Burling advised SandRidge Energy, Inc. on its announced acquisition of Dynamic Offshore Resources, LLC for $1.275 billion in cash and stock. Under the agreement, SandRidge will pay about $680 million in cash and approximately 74 million shares of SandRidge common stock valued at $8.02 per share. Covington also advised ...

January 24, 2012

WASHINGTON, DC, January 24, 2012 — Covington & Burling LLP represented ChemGen Corp. in its definitive merger agreement with Eli Lilly and Company. Upon closing of the transaction, ChemGen will become a wholly-owned subsidiary of Eli Lilly and an operating unit of Elanco, the animal health division of Eli Lilly. ChemGen, headquartered in Gaithersburg, ...

January 19, 2012, Covington E-Alert

January 12, 2012, Covington E-Alert

January 11, 2012, Covington E-Alert

December 15, 2011

WASHINGTON, DC, December 15, 2011 — Covington advised the National Football League in negotiating nine-year extensions of its Sunday broadcast television packages with CBS, FOX and NBC networks. The NFL owners voted to approve the package of TV deals with FOX, CBS and NBC on Wednesday. The new agreements, announced yesterday, run through the 2022 season, and ...

December 5, 2011, Law360

November 30, 2011

WASHINGTON, DC, November 30, 2011 — Washingtonian magazine has named 34 Covington & Burling attorneys as “Best Lawyers” in its December issue. The biennial list, compiled by the magazine’s editorial staff, identifies leading lawyers in the Washington area. Of the approximately 800 “Best Lawyers” identified in the issue, Washingtonian included profiles of 31 ...

November 30, 2011, Covington E-Alert

November 18, 2011

WASHINGTON, DC, November 18, 2011 — Ireland has appointed Stephen Calkins, a widely respected of counsel with Covington & Burling’s antitrust practice, to lead the Mergers Division of its Competition Authority. “I am delighted that such highly qualified personnel have agreed to serve as members of the Competition Authority,” said Richard Bruton, Ireland’s ...

November 18, 2011, Covington E-Alert

November 10, 2011

WASHINGTON, DC, November 10, 2011 — Covington & Burling represented Salix Pharmaceuticals, Ltd. in its agreement to acquire Oceana Therapeutics, Inc., a privately held global provider of gastroenterology and urology therapeutics, for $300 million in cash. “The acquisition of Oceana expands our product portfolio of innovative products, furthers the ...

November 1, 2011

WASHINGTON, DC, November 1, 2011 — For the second consecutive year, U.S. News-Best Lawyers awarded Covington & Burling the most first-tier practice rankings for Washington, DC in the “Best Law Firms” survey. The 2011-12 survey also awarded the firm 82 first-tier practice rankings, placing Covington among the top 20 firms nationwide. Additionally, U.S. ...

October 3, 2011

WASHINGTON, DC, October 3, 2011 — Covington & Burling LLP announced today that 10 of its lawyers have been elected to the firm’s partnership effective October 1. This group is comprised of diverse and talented individuals who have made their mark at Covington through exceptional work and the highest standards of client service. “We’re delighted to welcome these ...

September 16, 2011

WASHINGTON, DC, September 16, 2011 — The American Bar Association’s Section of Antitrust Law has selected Ted Voorhees as chair-elect for the coming year and eight additional Covington lawyers to its leadership team. “It is exciting and a great honor to become chair-elect at a time of historic proliferation of competition law regimes throughout the world,” Mr. ...

September 7, 2011

WASHINGTON, DC, September 7, 2011 — Covington & Burling LLP lawyers received 184 individual mentions in 56 areas of law in the 2012 edition of The Best Lawyers in America. This annual compilation of top US lawyers is based on peer-review surveys and is used as a referral guide in the legal profession. The Covington lawyers recognized are as follows: ...

September 2, 2011

SAN FRANCISCO, September 2, 2011 — Covington & Burling LLP represented Microsoft Corp. in a patent monetization transaction involving the acquisition by MOSAID Technologies Incorporated of Core Wireless Licensing S.a.r.l., a Luxembourg company that holds a portfolio of 400 patent families, consisting of approximately 2,000 wireless patents and patent ...

August 31, 2011

NEW YORK, August 31, 2011 — Joy Global Inc. (NASDAQ: JOYG), a worldwide leader in high-productivity mining solutions, reported today that it has entered into a definitive agreement to sell the drilling products business of its recently acquired LeTourneau Technologies, Inc. to Cameron International Corporation (NYSE: CAM) for $375 million in cash, subject to ...

August 18, 2011

SAN FRANCISCO, August 18, 2011 — Covington & Burling LLP partner Anita Stork has been named to the 2011 “Top 50 Women” list by Northern California Super Lawyers.  Super Lawyers rates outstanding lawyers from more than 70 practice areas who have attained a high-degree of peer recognition and professional achievement.  The selection process is multi-phased and ...

July 19, 2011, Covington E-Alert

June 22, 2011, Covington E-Alert

June 10, 2011

WASHINGTON, DC, June 10, 2011 — Covington & Burling LLP received 123 individual mentions and 45 practice mentions in Chambers USA 2011. The guidebook, which ranks lawyers by state and national practice area, is designed to identify the most skilled legal practitioners based on the qualities most valued by clients. Here are the Covington lawyers and practices ...

June 9, 2011

WASHINGTON, DC, June 10, 2011 — Covington & Burling LLP received 92 individual mentions and 32 practice mentions in the Legal 500 US 2011 edition.  Legal 500 reviews the strengths and strategies of law firms in more than 90 countries in Europe, the Middle East, Asia, North and South America, and the Caribbean. Here are the Covington lawyers and practices ...

May 10, 2011

WASHINGTON, SAN FRANCISCO, BRUSSELS, AND LONDON, May 10, 2011 —Covington & Burling LLP is advising Microsoft Corp. in its acquisition of Skype Global S.à.r.l., the leading Internet communications company, for $8.5 billion in cash. Microsoft’s purchase of Skype from the investor group led by Silver Lake is expected to increase the accessibility of real-time ...

May 2011, The European Lawyer

April 7, 2011

WASHINGTON, DC, April 7, 2011 — Three practices at Covington & Burling LLP have been nominated for the 2011 Chambers USA Awards for Excellence. The firm received team nominations in the antitrust, insurance, and international trade categories. The awards recognize the firm’s pre-eminence in key practice areas and significant achievements over the past 12 months, ...

Spring 2011, Antitrust

March 11, 2011

WASHINGTON, DC, March 11, 2011 — Covington & Burling LLP announced today that four highly regarded and seasoned antitrust litigators are joining the firm. John Nields, Alan Wiseman, Andrew Lazerow and Jason Raofield, all partners from Howrey LLP, will be resident in Covington’s Washington office effective Monday. “This group significantly expands the depth and ...

February 25, 2011, Competition Law360

February 18, 2011, Covington E-Alert

February 15, 2011

WASHINGTON, DC, February 15, 2011 — For the seventh time, Practical Law Company has awarded Covington & Burling LLP its worldwide first place ranking in the Life Sciences Regulatory Super League category. PLC also singled out Covington’s Antitrust/Competition, Corporate, and Insurance practices, along with lawyers from each group, in its practice-specific ...

December 14, 2010, Covington E-Alert

October 22, 2010, Conference on Intellectual Property, Trade Regulation, and Competition Law, Renmin University Law School

October 12, 2010

NEW YORK, October 12, 2010 — King Pharmaceuticals and Pfizer announced today that they have entered into an agreement for Pfizer to acquire all of the outstanding stock and stock equivalents of King for $14.25 in cash per share, or aggregate consideration of $3.6 billion. Covington & Burling LLP advised King on the transaction. King is a vertically integrated ...

October 8, 2010, Covington E-Alert

October 8, 2010, Competition Law360

October 2010, The Antitrust Source

September 29, 2010

WASHINGTON, DC, September 29, 2010 — Covington & Burling LLP is pleased to announce that, after serving at the U.S. Department of Justice as Deputy Chief of Staff and Counselor to the Attorney General, former Covington partner Jim Garland will return to the firm on October 1. His practice will focus on complex commercial litigation, including matters involving ...

September 17, 2010

WASHINGTON, DC, September 17, 2010 — Covington & Burling LLP received 33 first-tier practice rankings in the 2010 “Best Law Firms” survey by U.S. News Media Group and Best Lawyers. Covington’s first-tier national rankings place it among the top 10 firms nationwide and at the top of the first-tier rankings for Washington, DC. The inaugural rankings presented in ...

September 15, 2010, Covington E-Alert

August 31, 2010

WASHINGTON, DC, August 31, 2010 — The U.S. District Court for the District of Vermont has ruled in favor of HP Hood, the second largest dairy processor in the Northeast, in a class action antitrust lawsuit alleging a restraint of trade in the dairy industry. In a 41-page decision issued August 30, federal district judge Christina Reiss granted HP Hood’s motion ...

August 24, 2010, Covington E-Alert

August 20, 2010

WASHINGTON, DC, August 20, 2010 — Competition Law360 has named Covington & Burling LLP partner Deborah Garza, co-chair of the firm’s global antitrust and consumer law practice, one of the “10 Most Admired Competition Attorneys.” The list was selected by a board comprised of lawyers and the editors of Law360 from hundreds of nominations submitted by lawyers at ...

August 6, 2010

WASHINGTON, DC, August 6, 2010 — Covington & Burling LLP received 138 individual mentions in 40 areas of law in the 2011 edition of The Best Lawyers in America. This annual compilation of top US lawyers is based on peer-review surveys and is used as a referral guide in the legal profession. The Covington lawyers recognized are as follows: Administrative: ...

August 2, 2010

WASHINGTON, DC, August 2, 2010 — The Washington Post Company has today announced its agreement to sell Newsweek to a company owned by Dr. Sidney Harman, the founder and chairman emeritus of Harman International. Covington & Burling LLP advised The Washington Post Company on the transaction. The terms of the sale have not been announced. The Washington and New ...

July 23, 2010, Competition Law360

July 21, 2010, Covington Advisory

July 20, 2010

NEW YORK, July 20, 2010 — SandRidge Energy, Inc. has completed its acquisition of Arena Resources, Inc., creating a combined company with an enterprise value of approximately $6.2 billion. Covington & Burling LLP advised SandRidge Energy on the transaction. The merger closed on July 16 following special meetings of the stockholders of each company. The ...

June 28, 2010

WASHINGTON, DC, June 28, 2010 — Covington & Burling LLP partner Deborah Garza has been named to the National Law Journal’s list of Washington’s Most Influential Women Lawyers. The list, published in the June 28 issue, honors what the editors call power players who “have taken a sledgehammer to the glass ceiling to grab their place among the elite of the ...

June 28, 2010, Antitrust & Trade Law Report

June 23, 2010

WASHINGTON, DC, June 23, 2010 — Covington & Burling LLP received 85 individual mentions and 23 practice mentions in the Legal 500 US 2010 edition. Legal 500 reviews the strengths and strategies of law firms in more than 90 countries in Europe, the Middle East, Asia, North and South America, and the Caribbean. Here are the Covington lawyers and practices ...

June 16, 2010

WASHINGTON, DC, June 16, 2010 — Covington & Burling LLP received 112 individual mentions and 44 practice mentions in Chambers USA 2010. The guidebook, which ranks lawyers by state and national practice area, is designed to identify the most skilled legal practitioners based on the qualities most valued by clients. Here are the Covington lawyers and practices ...

May 26, 2010, Covington E-Alert

May 24, 2010, Competition Law360

April 27, 2010, Covington E-Alert

April 1, 2010, Covington E-Alert

March 9, 2010, Law360

February 22, 2010

WASHINGTON, DC, February 22, 2010 — Covington & Burling LLP is pleased to announce that Timothy P. Stratford, who most recently served as Assistant U.S. Trade Representative (USTR) for China Affairs, has joined the firm as a partner. He will be resident in the firm’s Beijing office and will practice in the International Trade and Finance group. Mr. Stratford’s ...

2/22/2010

NEW YORK, February 22, 2010 — Financial Federal Corporation and People’s United Financial, Inc. have completed the merger of Financial Federal with People’s United in a transaction valued at approximately $738 million. Covington & Burling LLP advised Financial Federal on the transaction. Financial Federal is a financial services company providing collateralized ...

February 2010, Covington Report

January 26, 2010

WASHINGTON, DC, January 26, 2010 — Over the span of eight days this month, Covington & Burling LLP lawyers presented oral argument before the Supreme Court in two significant business cases. On January 13, Covington litigation chair Gregg Levy argued on behalf of the National Football League in American Needle v. National Football League, an antitrust case that ...

January 22, 2010, Covington E-Alert

11/23/2009

WASHINGTON, DC, November 23, 2009 — Twenty-five Covington & Burling LLP attorneys are recognized as “Top Lawyers” in the December issue of Washingtonian magazine. The list, compiled by the magazine’s editorial staff, identifies leading lawyers in the Washington area. Of the “Top Lawyers,” Washingtonian identified 30 as “stars of the bar.” Among them is Michael ...

October 6, 2009, Covington E-Alert

9/10/2009

WASHINGTON, DC, September 10, 2009 — Covington & Burling LLP is pleased to announce that James O’Connell, who most recently served as Deputy Assistant Attorney General in charge of International, Policy, and Appellate matters in the Justice Department’s Antitrust Division, has joined the firm as a partner. He will be resident in the firm’s Washington office and ...

August 13, 2009, Covington Advisory

August 7, 2009

WASHINGTON, DC, August 7, 2009 — Covington & Burling LLP received 131 individual mentions in 38 areas of law in the 2010 edition of The Best Lawyers in America. This annual compilation of top US lawyers is based on peer-review surveys and is used as a referral guide in the legal profession. The Covington lawyers recognized are as follows: Administrative: ...

7/22/2009

NEW YORK, NY, July 22, 2009 — Medarex and Bristol-Myers Squibb announced today that Bristol-Myers Squibb entered into an agreement for Bristol-Myers Squibb to acquire all of the outstanding stock and stock equivalents of Medarex for $16.00 in cash per share, or aggregate consideration of $2.4 billion. Covington & Burling LLP advised Medarex on the ...

June 12, 2009

WASHINGTON, DC, June 12, 2009 — Covington & Burling LLP received 100 individual mentions and 40 practice mentions in Chambers USA 2009. The guidebook, which ranks lawyers by state and national practice area, is designed to identify the most skilled legal practitioners based on the qualities most valued by clients. Here are the Covington lawyers and practices ...

March 25, 2009, Panel Presentation, American Bar Association Section of Antitrust Law, Spring Meeting

3/23/2009

WASHINGTON, DC, March 23, 2009 — Covington & Burling LLP is pleased to announce that Deborah Garza, who most recently served as Acting Assistant Attorney General in charge of the Justice Department’s Antitrust Division, has joined the firm. Ms. Garza will co-chair, along with Thomas O. Barnett, the firm’s global antitrust and competition law practice. Ms. Garza ...

March 18, 2009, Covington E-Alert

February 27, 2009, Covington E-Alert

2/9/2009

BRUSSELS, February 9, 2009 — Covington & Burling LLP is pleased to announce the arrival of Miranda Cole, who joins the firm’s EU competition practice in Brussels as special counsel. Ms. Cole practices competition and communications law and policy, and has some 15 years of experience in the field. Ms. Cole’s expertise in the competition field encompasses merger ...

February 3, 2009, Covington E-Alert

1/28/2009

WASHINGTON, DC, January 28, 2009 — Covington & Burling LLP is pleased to announce that Thomas O. Barnett, who most recently served as Assistant Attorney General in charge of the Justice Department’s Antitrust Division, has rejoined the firm. Mr. Barnett began his career in private practice at Covington and was an antitrust partner at the firm until he joined the ...

January 16, 2009, Covington E-Alert

December 19, 2008, Covington E-Alert

November 25, 2008, Covington E-Alert

10/1/2008

WASHINGTON, DC, October 1, 2008 — Covington & Burling LLP today announced that 12 of its lawyers have been elected to the firm’s partnership. These new partners are resident in four of the firm’s offices and practice in the litigation, corporate/tax, and regulatory fields. Timothy Hester, chair of the firm’s management committee, commented: “These young and ...

September 29, 2008

WASHINGTON, DC, September 29, 2008 — Covington & Burling LLP received 124 individual mentions in 40 areas of law in the 2009 edition of The Best Lawyers in America. This annual compilation of top US lawyers is based on peer-review surveys and is used as a referral guide in the legal profession. The Covington lawyers recognized are as follows: Administrative: ...

9/8/2008

NEW YORK, NY, September 8, 2008 — Alberto-Culver Company announced today that it signed an agreement to acquire the Noxzema skin care brand from The Procter & Gamble Company. The agreement includes the existing business in the United States, Canada and portions of Latin America. Procter & Gamble will continue to operate its existing Noxzema shave care, ...

8/7/2008

WASHINGTON, DC, August 7, 2008 — On August 5, Intercell AG completed its acquisition of Iomai Corporation (now known as Intercell USA, Inc.) in a deal that will create a leading traveler’s vaccine portfolio. Covington & Burling LLP advised Intercell on the transaction. Intercell is a growing biotechnology company which focuses on the design and development of ...

7/17/2008

NEW YORK, NY, July 17, 2008 — Wyeth Consumer Healthcare, a division of Wyeth, announced that it signed an agreement to purchase ThermaCare, a leading over-the-counter heat wrap, from Procter & Gamble. Covington & Burling LLP advised Procter & Gamble on the transaction. Introduced in the United States in 2002, ThermaCare Heat Wraps use heat therapy to relieve ...

June 16, 2008

WASHINGTON, DC, June 16, 2008 — Covington & Burling LLP received 81 individual mentions and 45 practice mentions in the newly released 2008 Chambers USA. The guidebook, which ranks lawyers by state and national practice area, is designed to identify the most skilled legal practitioners based on the qualities most valued by clients. Here are the Covington ...

April 24, 2008, Covington E-Alert

3/3/2008

WASHINGTON, DC, March 3, 2008 — Covington & Burling LLP is pleased to announce that John Graubert has joined the firm’s antitrust and consumer law group as a partner. Mr. Graubert, who most recently served as Principal Deputy General Counsel at the Federal Trade Commission, will be resident in the firm’s Washington office. At the FTC, Mr. Graubert managed all ...

2/21/2008

WASHINGTON, DC, February 21, 2008 — Encysive Pharmaceuticals Inc. announced yesterday that it has entered into an agreement to be acquired by Pfizer Inc. Under the terms of the agreement, Pfizer will make a cash tender offer for all issued and outstanding shares of Encysive for $2.35 per share, representing an equity value of approximately $195 million. ...

2/1/2008

SAN FRANCISCO, CA, February 2, 2008 — Covington & Burling LLP advised Schwab Performance Technologies in its acquisition of RIA back office outsourcing provider Etelligent Consulting, Inc. Financial terms of the transaction have not been disclosed. Founded in 1985, Schwab Performance Technologies is a subsidiary of The Charles Schwab Corporation and a leading ...

1/2/2008

NEW YORK, NY, January 2, 2008 — Coty Inc. has completed its acquisition of DLI Holding Corp., the parent company of Del Laboratories, Inc., one of the leading manufacturers of nail care, cosmetics, personal care, and OTC products. Covington & Burling LLP advised Coty on the transaction.Coty Inc. is the world’s largest fragrance company and a recognized leader in ...

12/28/2007

LONDON, December 28, 2007 - The latest edition of Chambers Global has ranked Covington & Burling LLP’s expertise in 12 categories globally. “Sound knowledge of the industry” and “sheer breadth of experience“ are just some of the comments gathered by the research team from the firm’s clients. The firm has also achieved 10 individual rankings and a further 16 ...

11/01/2007

NEW YORK, NY, November 1, 2007 — Mainfreight Limited has completed its acquisition of AMEX-listed Target Logistics, Inc. in an all-cash transaction. Covington & Burling LLP advised Mainfreight on the transaction. Mainfreight is a global supply chain logistics provider with approximately 3,000 team members based in operations in New Zealand, Australia, Asia, and ...

9/10/2007

WASHINGTON, DC, September 10, 2007 — Covington & Burling LLP is strengthening its growing international practice with the addition of Ellen R. Eliasoph, a senior lawyer with more than 25 years of experience in China and Japan. Ms. Eliasoph will be resident in Covington’s Washington office as senior of counsel, where she will help US and European clients navigate ...

September 6, 2007

WASHINGTON, DC, September 6, 2007 — Covington & Burling LLP received 115 individual mentions in 38 areas of law in the 2008 edition of The Best Lawyers in America. This annual compilation of top US lawyers is based on peer-review surveys and is used as a referral guide in the legal profession. The recipients are as follows: Administrative: E. Edward Bruce and ...

June 18, 2007

WASHINGTON, DC, June 18, 2007 — Covington & Burling LLP received 44 practice mentions and 74 individual mentions in the newly released 2007 Chambers USA guidebook. The 2007 edition of Chambers USA attempts to identify the most skilled legal practitioners throughout the country based on the qualities most valued by clients. Covington attorneys have been ...

May 18, 2007

NEW YORK, NY, May 18, 2007 — The Procter & Gamble Company and Inverness Medical Innovations, Inc. announced that they have completed their previously announced deal to form a 50/50 joint venture for the development, manufacturing, marketing and sale of existing and to-be-developed consumer diagnostic products. Inverness contributed its related consumer ...

January 22, 2007

NEW YORK, NY, January 22, 2007 — Covington & Burling LLP advised Coty Inc. in its $125 million sale of the Calgon® and healing garden® brands, the number one and two brands respectively in the specialty bath sector, to Ascendia Brands, Inc. The transaction is expected to close in the first quarter of 2007.Coty Inc. is the world’s largest fragrance company with ...

January 17, 2007

NEW YORK, NY, January 17, 2007 — Evraz Group S.A. announced that it successfully completed its tender offer for Oregon Steel Mills, Inc. (NYSE: OS) common stock for $63.25 per share, with approximately 91.5% of the outstanding shares of common stock of Oregon Steel Mills tendered into the offer. The tender offer was the first step of the previously announced ...

November 6, 2006, Covington E-Alert

10/16/2006

WASHINGTON, D.C., October 16, 2006 — The board of directors of JLG Industries, Inc. (NYSE: JLG) has approved an all cash offer of $28.00 per common share to merge with, and become, a subsidiary of Oshkosh Truck Corporation (NYSE: OSK). According to JLG’s press release, the $3.2 billion merger is dependent on the approval of JLG shareholders. The transaction is ...

9/13/2006

WASHINGTON, D.C., September 13, 2006 —  Covington represented both Eisai Co., Ltd. and Eisai Inc. in the recent $205 million product acquisition agreement with Ligand Pharmaceuticals.  Eisai obtained exclusive global rights to four products, including ONTAK®, Targretin® capsules, Targretin® 1% gel and Panretin® 0.1% gel.  This acquisition will help to ...

9/1/2006

SAN FRANCISCO, CA, September 1, 2006 —  Covington & Burling LLP announced that Anita Stork will join the firm as a partner in the Litigation and Antitrust and Consumer Law practice groups.  She will be resident in the firm’s San Francisco office. Ms. Stork’s practice focuses on antitrust litigation and counseling.  She has experience advising clients on ...

June 23, 2006

NEW YORK, June 23, 2006  -  The board of directors of Kerr-McGee Corp. (NYSE: KMG) has approved an all cash offer of $70.50 per common share to merge into Anadarko Petroleum Corp. (NYSE: APC).  According to Kerr-McGee's press release , the $18 billion merger is dependent on the approval of Kerr-McGee stockholders.  It is expected to be finalized by the end of ...

June 5, 2006

WASHINGTON, D.C., June 5, 2006  -  The United States Court of Appeals for the District of Columbia Circuit affirmed today that a federal statute, enacted in April 2004 to protect the nation's graduate medical education system, barred allegations of a nationwide antitrust conspiracy to depress the compensation of medical residents.  Based on the statute, District ...

May 15, 2006

WASHINGTON, D.C., May 15, 2006 - Covington & Burling partner David L. Meyer has been appointed Deputy Assistant Attorney General for Civil Enforcement in the Antitrust Division of the U.S. Department of Justice. Mr. Meyer will oversee three of the Antitrust Division's civil sections. The announcement of Mr. Meyer's new role was made earlier today by Thomas O. ...

April 14, 2006, Covington E-Alert

March 2006, Conference Board Program, New York

2006/2007, PLC Cross-border Life Sciences Handbook

December 9, 2005

WASHINGTON, D.C., December 9, 2005 -  Covington & Burling represented Tronox Inc. in the completion of its initial public offering and related debt financings valued at approximately $800 million.  Tronox's IPO involved 17,480,000 shares of its Class A common stock and approximate gross proceeds of  $245 million.  Covington also advised on related debt ...

October 27, 2005

WASHINGTON, D.C., October 27, 2005 -  Covington & Burling represented JLG Industries, Inc. in its global alliance with Caterpillar Inc., the Illinois-based manufacturer of construction and mining equipment.  Under the multi-faceted alliance, JLG will purchase Caterpillar's telehandler assets located principally in Europe and develop and manufacture a full line ...

September 13, 2005

WASHINGTON, D.C., September 13, 2005 -  Forty-six Covington & Burling lawyers practicing in 27 fields were recognized in the 2006 edition of The Best Lawyers in America. The number of Covington lawyers listed increased by over 40% from the last edition.  This biennial compilation of top U.S. lawyers is based on peer-review surveys and is used as a referral guide ...

September 7, 2005

WASHINGTON, D.C., September 7, 2005 -  Covington & Burling announced today that Alan P. Larson will join the firm as Senior Advisor. His practice will include providing clients with strategic, non-legal advice and counseling on international trade, finance, and antitrust/comity issues.  He will be resident in the firm's Washington office. Mr. Larson, who holds ...

July 21, 2005

NEW YORK, NY, July 21, 2005 -  Covington & Burling advised Emory University in the sale of its emtricitabine royalty interest to Gilead Sciences and Royalty Pharma for $540 million.  The royalty interest was sold through means of an auction run by Citigroup Global Markets, financial advisor to Emory University, and is the largest known sale of a royalty stream ...

May 27, 2005

Washington, D.C., June 28, 2005 - Twenty-nine Covington & Burling lawyers practicing in fourteen fields and in each of the firm's U.S. offices were recognized as "leaders in their field" in this year's edition of Chambers USA - America's Leading Business Lawyers. The 2005 edition of Chambers USA, which was released online earlier today, attempts to identify the ...

May 20, 2005

WASHINGTON, D.C., May 20, 2005 -  Covington & Burling advised Coty Inc. on the acquisition of Unilever's global prestige fragrance business, Unilever Cosmetics International (UCI).  According to the terms of the agreement, Coty will purchase the business for $800 million in cash at the closing. Coty Inc. is one of the largest beauty companies in the world, with ...

May 4, 2005

WASHINGTON, D.C., May 4, 2005 -  Covington & Burling partner Robert D. Wick was recognized as one of the top "40 Under 40" lawyers in this week's edition of The National Law Journal.  Mr. Wick, resident in Washington, D.C., serves as vice chair of Covington's 200-strong litigation practice group. Mr. Wick was noted for his role in several significant litigation ...

October 4, 2004, Association of Real Estate License Law Officials, Annual Meeting

March 5, 2004, Covington Report

March 4, 2004, Covington Report

2004, Legal Aspects of Selling and Buying (Tying Arrangements and Exclusive Dealing), Chapter 4 (Third Edition) and regular cumulative supplements

January 2004, Law Seminars International Conference, Fort Lauderdale

January 2004, The Antitrust Review of the Americas

December 17, 2003

WASHINGTON, D.C., December 17, 2003 - Covington & Burling represented Cysive, Inc. ("Cysive"), a provider of interaction server technology, in its going private transaction that was consummated on December 1, 2003.  Cysive was acquired by Snowbird Holdings, Inc. ("Snowbird"), a newly formed entity owned by Nelson A. Carbonell, Jr., Chairman of the Board of ...

2003, E-Commerce Law & Business, Aspen Publishing

August 28, 2002

August 28, 2002 - WASHINGTON, D.C. - Covington & Burling is pleased to announce Allan Moore's return to the Washington, D.C. office. Mr. Moore was recently based in the firm's London office, where he managed litigation and arbitration matters and was identified as an "outstanding litigator" in the IP/IT area by a London legal trade publication. He has also ...

August 21, 2002

August 21, 2002 - WASHINGTON, D.C - Covington & Burling represented Riptech, Inc., a leading provider of scalable, real-time managed security services, in its sale to Symantec, Inc. which was consummated on August 19, 2002. Symantec paid an aggregate of $145 million in cash for privately-held Riptech. The combination of Symantec and Riptech will create a global ...

August 5, 2002

August 5, 2002 - WASHINGTON, D.C. - Covington & Burling represented privately-held Aegis Research Corporation, of Falls Church, Virginia, a leading provider of secrecy, security, intelligence, counterintelligence, computer forensics, intrusion analysis and other enterprise protection strategies and technical services to the national security community, in its ...

June 3, 2002

June 3, 2002 - NEW YORK, NY - Covington & Burling represented USA Interactive (NASDAQ: USAI) in its agreement announced on May 31 to acquire Interval International through the acquisition of its holding company, Interval Acquisition Corp., from Willis Stein & Partners, a Chicago-based private equity investment firm, and other investors. USA Interactive agreed to ...

January 1, 1996, Reproduced by permission. All rights reserved.

October 1993, American Conference Institute

1982, Antitrust Institute on Litigating Unfair Competition Cases, State Bar of Texas