Freshfields Leads Evonik in Litigated Merger Win Against the FTC

Autor:	Freshfields Bruckhaus Deringer LLP
Zdroj:	Business Wire (English). 02/04/2020.
Abstrakt:	Freshfields Bruckhaus Deringer LLP (‘Freshfields’) represented Evonik Industries AG (‘Evonik’) in its successful merger litigation against the Federal Trade Commission (‘FTC’). On January 24, 2020, following a two-week trail in November 2019, Judge Timothy J. Kelly of the U.S. District Court for the District of Columbia rejected the FTC’s preliminary injunction motion that would have blocked Evonik’s acquisition of Philadelphia-based chemical manufacturer PeroxyChem LLC (‘PeroxyChem’). This victory marks a rare loss for the FTC and breaks the agency’s seven-case winning streak in litigated merger challenges. [ABSTRACT FROM PUBLISHER]
Databáze:	Regional Business News
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