What are some of the department’s most satisfying successes of the past year and why? Given the extraordinary issues business faced during the COVID-19 pandemic, we are proud that Skadden continued resolving clients’ greatest litigation challenges with solutions that align with their business goals. This past year, our most satisfying litigation successes involved market-defining business combinations, including representing Sprint in defeating the antitrust merger challenge filed by attorneys general of 13 states and the District of Columbia against the company’s merger with T-Mobile after a two-week bench trial in federal court. We also counseled LVMH Moët Hennessy Louis Vuitton in expedited litigation involving one of the first COVID-19-related material adverse event claims stemming from its $15.9 billion merger with Tiffany & Co.—the largest-ever in the luxury sector and represented Neuberger Berman Group LLC in securing multiple fast-tracked wins in various courts, paving the way  to create a new public company, Blue Owl, with $45 billion in assets.

We also achieved success globally, including representing Devas Multimedia Private Limited in securing the confirmation of a $1.3 billion award owed by Antrix Corporation stemming from its long-running arbitration over wrongful termination of an agreement to lease satellites and associated spectrum, Qatar Football Association in combatting a challenge to its historic soccer victory in the 2019 AFC Asian Cup and certain HSBC entities in securing the dismissal of a putative antitrust class action that clarifies U.S. courts’ reach over foreign banks when alleged misconduct takes place abroad.

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