Feb 21, 2014
Cadwalader, Wickersham & Taft LLP, a leading counselor to global corporations and financial institutions, announced that the firm’s Antitrust Group has served as counsel on three transactions that are shortlisted for the 2014 Global Competition Review Awards. The firm’s work as antitrust counsel to US Airways in its merger with American Airlines is nominated in the Matter of the Year category. Cadwalader’s ongoing representation of Irish airline Aer Lingus in its defense of Ryanair's hostile takeover bids, and its work as U.S. counsel to Microsoft Corporation in its proposed acquisition of Nokia’s mobile phone and tablet business, are each shortlisted in the Merger Control Matter of the Year – Europe category. The 2014 Global Competition Review Awards Dinner will be held on March 25 in Washington, D.C.
Throughout 2013, Cadwalader represented its long-standing client US Airways in the antitrust review and subsequent litigation by the U.S. Department of Justice and several states attorneys general in connection with US Airways’ $17 billion merger with AMR Corporation, the parent company of American Airlines. In November 2013, a few weeks before trial, the parties reached a settlement allowing the merger to proceed. The Cadwalader team was led by Charles F. (Rick) Rule, head of Cadwalader’s Antitrust Group, Andy Forman and Dan Howley, and included Stephen Ravas, William Dolan, Irina Kozubenko, Christian Lorenz and Zachary Martin.
The firm’s representation of Aer Lingus in its seven-year battle with Ryanair was marked by two notable milestones in 2013: the European Commission prohibiting Ryanair’s third hostile takeover bid, and the UK Competition Commission deciding that Ryanair must sell down the minority stake it has held in Aer Lingus since the time of its first bid. The Cadwalader team includes Alec Burnside, Anne MacGregor, Christian Lorenz, Marjolein De Backer, Evan Flowers, David Boyle and Irina Kozubenko.
As U.S. antitrust counsel to Microsoft, the firm advised the company in the regulatory clearance by the U.S. Department of Justice and other competition regulators around the world in Microsoft’s proposed €5.4 billion acquisition of the mobile phone and tablet business of Nokia, as well as a patent licensing agreement between the two companies. The Cadwalader team includes Rick Rule, Jonathan Kanter and Amy Ray.
Cadwalader’s Antitrust practice comprises 28 full-time antitrust attorneys in Washington, D.C., New York and Brussels, with seven partners and four counsel, as part of a Litigation Department that can draw on more than 150 other litigators to staff major matters. The team includes several attorneys who formerly held high-level positions with the Department of Justice and the Federal Trade Commission. Cadwalader’s Antitrust Group also has a significant, and growing, practice in Asia, with offices in Beijing and Hong Kong.
About Global Competition Review
Launched in 1997, Global Competition Review (GCR) provides information to more than 10,000 competition professionals worldwide through its competition law and policy journal, daily news service and e-mail briefings, surveys, events and handbooks.
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