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Vallourec Acquisition of Grant
Prideco Assets
EI economists Philip B. Nelson, Henry B. McFarland, and
Robert D. Stoner worked with lawyers at Akin Gump on
behalf of French seamless steel tube producer Vallourec
to obtain DOJ’s approval of Vallourec’s acquisition of
three businesses from Grant Prideco Inc. The three
businesses are Atlas Bradford, a firm that threads oil
country tubular goods; TCA, which specializes in heat
treatment operations; and Tube-Alloy, which produces and
repairs tubular accessories for the oil and gas
industry.
Interlocking Directorate Claims
In Charming Shoppes Inc. v. Crescendo Partners II,
L.P., et al., Principal William P. Hall, assisted by
Stephanie M. Mirrow, submitted an expert report on behalf of
the defendants with respect to market definition and Clayton
Section 8 claims regarding interlocking directorates. The
U.S. District Court for the Eastern District of Pennsylvania
denied the plaintiff’s request for a preliminary injunction
in this proxy battle litigation.
DOJ Settlement with Anthrax Mailings
“Person of Interest”
EI economist Laura A. Malowane assisted lawyers at the
Department of Justice in a suit filed against them by Steven
Hatfill, a biomedical researcher and former Army scientist.
Mr. Hatfill, who was named as a “person of interest” in the
investigation of the 2001 deadly anthrax mailings in the
United States, claimed that his privacy rights were violated
during the DOJ investigation. He also claimed that, as a
result of the government’s actions, he lost his current job
as well as future employment opportunities. Dr. Malowane,
who has extensive experience in analyzing damages in
commercial and personal litigation, submitted an expert
report and testified at deposition on behalf of the
Department of Justice. In June 2008, an agreement was
reached between the two parties.
Additional Articles in Summer 2008 Issue of
Economists Ink
The Economics of Pacific Bell v. linkLine Communications
Resale Price Maintenance and the Rule of Reason
The McCarran-Ferguson Act’s Antitrust Exemption: Lessons from Europe
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