January 12, 2016
For the third consecutive year, Law360 selected Latham & Watkins’ global Antitrust & Competition Practice as a “Group of the Year.” The publication noted Latham’s efforts across the full spectrum of antitrust and competition matters, including high-stakes litigation, mergers, and cartel and conduct investigations.
San Francisco partner Christopher Yates, who serves as a Co-chair of the practice, told Law360 that “Latham’s ability to service all of the different aspects of antitrust law — litigation, merger control and cartel defense — is what really makes the firm stand out.” He added that Latham “derives its strength from collaboration between its practice groups … to achieve stellar results.”
Law360 highlighted Latham’s successful representation in recent litigation, including securing a post-trial defense judgment (overturning a US$6.31 million jury verdict) for client Cox Communications in a closely watched Sherman Act tying trial; winning a “huge” motion dismiss in a suit brought against client Ticketmaster; and achieving an appellate victory for client Guitar Center Inc., in which the Ninth Circuit upheld the district court’s decision. Yates told Law360 that the practice is “one of Latham’s key litigation practice groups and is an essential part of its global offering for clients.”
The publication noted that “in addition to litigation, the firm flexes the same amount of muscle getting deals cleared through regulators and representing clients in cartel investigations.” Law360 pointed to Latham obtaining global merger clearances for client Allergan in its acquisition by Actavis, the largest global M&A deal of the past year, and for Avago Technologies in its US$37 billion acquisition of Broadcom Corp., the largest semiconductor deal in history. Highlighting the team’s cartel work, Law360 noted the firm’s advice to “several significant clients in confidential investigations in the U.S. and the European Union in industries such as advertising, apparel, automobile parts, foreign currency exchange and precious metals.”
Comprised of some 140 lawyers based around the world, Latham’s global Antitrust & Competition Practice offers market-leading experience and provides seamless, integrated counsel across borders. The group serves clients’ needs both locally and globally, addressing all dimensions of antitrust risk.