Amy W. Ray 

Partner – Washington, New York
T.+1 202 862 2358
700 Sixth Street, N.W.
Washington , DC 20001 V-CARD
T.+1 212 504 6358
200 Liberty Street
New York , NY 10281

Amy Ray represents clients in high-profile U.S. and international antitrust matters. She focuses on transactions, litigation, arbitration, and investigations with a competition nexus. Global Competition Review featured her as one of its "40 Under 40 – Class of 2016" antitrust lawyers in its global survey. In addition, Amy has been named a "Rising Star" in Washington, DC, by Super Lawyers Magazine (2013-2017).

She has substantial experience providing merger arbitration advice to funds and other institutional investors and regularly advises on issues related to the Hart-Scott-Rodino Act. Amy recently has defended litigation clients in antitrust suits spanning the municipal derivatives, credit default swaps, and precious metals industries. Among her other notable representations are matters at the intersection of antitrust and technology, including her key role in Microsoft Corporation's acquisition of Skype (winner of Global Competition Review's "Merger Control Matter of the Year – Europe" in 2012); in Microsoft’s acquisition of LinkedIn, the largest in its history (nominated for Global Competition Review's "Merger Control Matter of the Year – Europe" in 2017); and in the clearance of numerous intellectual property acquisitions.

Her pro bono representations include a matter for which the Washington Lawyers' Committee for Civil Rights and Urban Affairs recognized her case team for its contribution to fair housing litigation. She also served for several years on the prestigious U.S. National Women's Law Center Leadership Advisory Committee. Amy is a Fellow of the Litigation Counsel of America.

Amy received her J.D. from Harvard Law School, where she was an Equal Justice Fellow, and a B.A. from the University of Virginia with Highest Distinction.

She is admitted to the bars of the District of Columbia and the State of New York, as well as to practice before the U.S. District Courts for the District of Columbia and the Southern and Eastern Districts of New York, and before the U.S. Court of Appeals for the DC Circuit.

Notable representations include:
Civil Litigation

  • U.S. v. Microsoft and N.Y. v. Microsoft, implementing the consent decree resulting from the landmark antitrust suit brought by the U.S. Department of Justice and twenty state attorneys general alleging antitrust violations under Sections 1 and 2 of the Sherman Act.
  • The Royal Bank of Scotland in In re Credit Default Swaps Antitrust Litigation, MDL No. 2476M, defending the bank against class allegations under Sections 1 and 2 of the Sherman Act.
  • Dexia, Assured Guaranty, Financial Security Assurance, Inc. and Financial Security Assurance Holdings, Ltd. in multidistrict class action litigation alleging antitrust violations in the municipal derivatives industry.

Corporate & Regulatory

  • Sompo International in its agreement to purchase the operating subsidiaries of Lexon Surety Group LLC
  • In Microsoft’s $26.2 billion acquisition of LinkedIn, the largest deal in Microsoft’s history, which is nominated for 2017 Merger Control Matter of the Year – Europe by Global Competition Review.

  • Activist investor Bill Ackman’s Pershing Square Capital Management in its acquisition of a 9.9% stake in Chipotle Mexican Grill, Inc. 

  • In Microsoft's $2.5 billion acquisition of Mojang and its Minecraft franchise.
  • In Microsoft's $8.5 billion acquisition of Skype, recognized as 2012 Merger Control Matter of the Year – Europe by Global Competition Review.
  • In Microsoft's acquisition of Nokia's handset business.
  • In Microsoft's acquisition of Havok 3D physics video game technologies from Intel.
  • In Microsoft's role in the acquisition of more than 6,000 patents from Nortel.
  • In Microsoft's purchase from AOL of more than 800 patents and related patent applications as well as a non-exclusive license to AOL's retained patent portfolio for $1.1 billion, and in the subsequent assignment of a significant portion of those intellectual property assets to Facebook Inc. for $550 million.
  • In Microsoft's acquisition of Yahoo!'s search business and subsequent partnership agreements with Yahoo!.
  • As antitrust counsel providing advice related to a number of prospective transactions and related investigations, including advocacy on behalf of concerned industry participants.


News Releases

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Amy W. Ray 


  • U.S. Court of Appeals, District of Columbia Circuit
  • U.S. District Court, District of Columbia
  • U.S. District Court, Eastern District of New York
  • U.S. District Court, Southern District of New York
  • District of Columbia
  • New York


  • Harvard Law School
    J.D., 2003
  • University of Virginia
    B.A., 2000, with highest distinction


May 8-9: Commercial Real Estate Finance (CREFC) Summit-West (Santa Monica, Cal.)

Cadwalader is sponsoring this event, where Stuart Goldstein will moderate the panel on CRE CLOs.

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