Recent Articles

DOJ REQUIRES DIVESTITURE IN MANITOWOC’S ACQUISITION OF ENODIS

October 20, 2008 21:43

On October 6, 2008, the Department of Justice (“DOJ”) entered into a settlement agreement requiring The Manitowoc Company (“Manitowoc”) to divest its entire U.S. ice machine business to allow its $2.7 billion acquisition of Enodis Plc (“Enodis”) to proceed....On October 6, 2008, the Department of Ju...

SHIPPING EXECUTIVES CHARGED WITH CONSPIRACY TO ELIMINATE COMPETITION AND RAISE PRICES FOR MOVEMENT OF GOODS BETWEEN THE U.S. AND PUERTO RICO

October 20, 2008 21:41

On October 1, 2008, four U.S. shipping company executives including Peter Baci of Jacksonville, FL, Kevin Gill and Gregory Glova of Charlotte, NC, and Gabriel Serra of San Juan, Puerto Rico pled guilty for their role in a broad conspiracy...On October 1, 2008, four U.S. shipping company executives...

FORMER BRITISH AIRWAYS EXECUTIVE CHARGED FOR HIS ROLE IN THE ONGOING INVESTIGATION INTO THE AIR CARGO SHIPPING INDUSTRY

October 20, 2008 21:40

On September 30, 2008, Keith Packer, former executive of British Airways World Cargo, agreed to plead guilty, serve eight months in prison, and pay a $20,000 criminal fine for his role in a wide-ranging conspiracy to fix rates for international...On September 30, 2008, Keith Packer, former...

CONVENIENCE STORE AND INDIVIDUAL CHARGED WITH CONSPIRACY TO FIX GAS PRICES IN OKLAHOMA

October 20, 2008 21:37

On Septmeber 19, 2008, Kwik-Chek Food Stores, Inc., a Texas based convenience store and one of its agents, Jarrod Thomas, were charged for conspiring to fix retail gasoline and diesel fuel prices sold in Antler, OK. The conspiracy took place...On Septmeber 19, 2008, Kwik-Chek Food Stores, Inc., a...

TWO EL PASO BUSINESSMAN AND COMPANIES CHARGED WITH CONSPIRACY TO RIG BIDS AND ALLOCATE CUSTOMERS FOR DOOR AND HARDWARE INSTALLATION

October 20, 2008 21:36

On September 10, 2008, the Department of Justice (“DOJ”) charged Lindsey B. Holt, president of Architectural Products Co. Inc., Humberto Lopez, vice president of El Paso Steel Doors and Frames, Inc. and their respective companies with conspiracy to rig bids...On September 10, 2008, the Department of...

DOJ APPROVES RAYCOM MEDIA’S ACQUISITION WWBT-TV

October 20, 2008 21:35

On August 28, 2008, the Department of Justice (“DOJ”) approved Raycom Media, Inc.’s (“Raycom”) acquisition of Richmond NBC affiliate, WWBT-TV from Lincoln Financial Media Company (“Lincoln”) after entering into a settlement agreement requiring Raycom to divest its Richmond CBS affiliate...On August ...

FORMER NEW YORK STATE EMPLOYEE PLEADS GUILTY TO FRAUD AND TAX EVASION

October 20, 2008 21:09

On August 26, 2008, Edward P. Goldblatt pled guilty to fraud and tax evasion as a former purchasing warehouse assistant at the New York Power Authority (“NYPA”). Headquartered in Albany, NY, the NYPA is a non-profit energy corporation established by...On August 26, 2008, Edward P. Goldblatt pled gui...

BUREAU OF COMPETITION DIRECTOR JEFFERY SCHMIDT TO LEAVE FTC

August 07, 2008 23:02

On August 7, 2008, William E. Kovacic, the Federal Trade Commission Chairman, announced that Jeffery Schmidt, the Director of the Bureau of Competition for the past two and half years, will be leaving the FTC. Mr. Kovacic has named David...On August 7, 2008, William E. Kovacic, the Federal Trade...

ANOTHER ENVIRONMENTAL COMPANY PLEADS GUILTY TO DEFRAUD U.S. ENVIRONMENTAL PROTECTION AGENCY

August 06, 2008 19:30

On July 31, 2008, Bennet Environmental Inc. (“BEI”), a Canadian soil treatment company, pled guilty and agreed to pay $1 million criminal fine for its role in a conspiracy to defraud the U.S. Environmental Protection Agency (“EPA”) at a EPA...On July 31, 2008, Bennet Environmental Inc. (“BEI”), a Ca...

FTC CHALLENGES MCCORMICK'S ACQUISITION OF UNILEVER'S LAWRY'S AND ADOLPH'S BRANDS

August 06, 2008 19:28

On July 30, 2008, the Federal Trade Commission (“FTC”) entered into a settlement agreement that allows McCormick & Company Inc.’s (“McCormick”) proposed $605 million acquisition of Lawry’s and Adolph's brands of seasoned salt products from Unilever N.V. (“Unilever”) to proceed....On July 30, 2008, t...