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December 13, 2024 | Litigation Daily

Litigator of the Week Runners-Up and Shout-Outs

A team at Munger, Tolles & Olson teamed with the Washington State Office of the Attorney General to secure a permanent injunction against the proposed $24.6 billion merger of the Kroger and Albertsons grocery chains.
6 minute read
December 11, 2024 | National Law Journal

Meet the Pacific Northwest Judges Who Rejected the Kroger-Albertsons Supermarket Merger

Oregon U.S. District Judge Adrienne Nelson, an appointee of President Joe Biden, ruled in favor of the Federal Trade Commission and against the large grocery chains. Nelson's decision, along with one from Washington state court Judge Marshall Ferguson, preceded Albertsons announcement that it would abandon the merger plan.
4 minute read
December 11, 2024 | Corporate Counsel

Albertsons Gives Up on $25B Merger, Sues Kroger Seeking 'Billions of Dollars'

"Rather than fulfill its contractual obligations to ensure that the merger succeeded, Kroger acted in its own financial self-interest, repeatedly providing insufficient divestiture proposals that ignored regulators’ concerns," Albertsons General Counsel Tom Moriarty said. Kroger called the allegations baseless.
2 minute read
December 10, 2024 | National Law Journal

Federal Judge Grants FTC Motion Blocking Proposed Kroger-Albertsons Merger

"The FTC, along with our state partners, scored a major victory for the American people, successfully blocking Kroger's acquisition of Albertsons," Federal Trade Commission competition director Henry Liu said of a court ruling granting a preliminary injunction.
3 minute read
November 15, 2024 | Texas Lawyer

$149M in Attorney Fees Is Part of Kroger Opioid Settlement

Texas is set to get more than $83 million from the national $1.37 billion settlement agreement with Kroger, a retail pharmacy giant.
3 minute read
November 14, 2024 | Corporate Counsel

Republican Who Might Become FTC's Next Chair Blasts Democratic Commissioners' 'All Mergers Are Bad' Mindset

"The current administration's leadership of the FTC appears to think our default should be placing roadblocks in the way of all mergers, wherever possible," GOP commissioner Melissa Holyoak said at Thursday's board meeting.
7 minute read
November 07, 2024 | Corporate Counsel

Trump Likely to Keep Up Antitrust Enforcement, but Dial Back the Antagonism

"I would expect there'll be less aggressiveness. This administration has been hyper-aggressive. Even if you dial it back to a normal level, that'll be a change," corporate governance expert Charles Elson said.
5 minute read
November 04, 2024 | Corporate Counsel

Policy Wonks' Obsession: What Will Tuesday's Election Mean for FTC Firebrand Khan?

"The Senate needs to turn Republican, or she may be there for a long time," said Douglas Ross, a University of Washington law professor.
6 minute read
October 29, 2024 | National Law Journal

From Guaranteed Comp to Ethics Screens, How Big Law Navigates the Revolving Door

"When firms do a profitability projection, they factor in the hands-off period for the person's prior agency for a period of time," noted a legal recruiter.
7 minute read
October 29, 2024 | Corporate Counsel

King Kullen—the Nation's First Supermarket—Hires Outside Counsel as GC

Michael J. Cullen founded the grocery chain in 1930 after his idea for much-larger, mostly self-service stores failed to gain traction with his prior employer, Kroger.
3 minute read

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