Successful Objection to Massive Class Counsel Fee Request

On mega-settlement of antitrust action, obtained a judgment order reducing class counsel’s fee award by eight-figures – notwithstanding our client’s prior written agreement to the higher amount class counsel requested in fees.

Highlights

U.K. Competition Watchdog Fines Foreign Undertaking for Failure to Comply with Information Request

In a ruling which could have widespread implications for foreign companies doing business in the U.K., the U.K. competition watchdog, the Competition and Markets Authority ( CMA ), hit Bayerische Motoren Werke AG...

Staying Ahead of Silicon Valley Bank's Collapse

On Mar. 10, 2023, Silicon Valley Bank (SVB) closed after a run on the bank, causing the largest bank failure since the 2008 financial crisis and the second-largest in U.S. history. Nearly simultaneously, the...

U.K. Government Proposes New Merger Control Powers in its Digital Markets, Competition & Consumer Bill

Advisory

Governments Extend a Safety Net for SVB Depositors while Signature Bank Shutters

On March 12, 2023, the U.S. Treasury Department (Treasury), Federal Reserve (Fed) and Federal Deposit Insurance Corporation (FDIC) released a “Joint Statement” confirming that depositors of Silicon Valley Bank (SVB) “will have access to all...

U.K. Digital Markets Competition and Consumer Bill Sets Out New Regime to Regulate Big Tech

Introduction The U.K. Government’s much-awaited Digital Markets, Competition and Consumer Bill (DMCC Bill) published on 25 April 2023 and sets out far-reaching proposals to establish a new ex ante regulatory regime for digital markets...

EU Digital Markets Act and the Designation of Six Gatekeepers: Implications for the Technology Sector

Advisory

U.K. Competition Regulator Leads Environmental Agenda by Publishing Draft Environmental Suitability Agreements Guidance

On 28 February 2023, the U.K. competition regulator, the Competition and Markets Authority (CMA), sought to promote itself as a leading advocate of the ‘Green Agenda’ by publishing for consultation draft guidance on the...

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