Insights

On April 4, 2018, Skadden hosted a webinar titled “Year Two of Trump Antitrust Merger Enforcement: What to Expect in 2018.” The Skadden panelists were antitrust/competition global head Steven C. Sunshine and antitrust/competition partner David P. Wales. Below are some key takeaways from the presentation.

On April 6, 2018, the Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions against seven Russian oligarchs and 12 companies they own or control, as well as 17 senior Russian government officials, a state-owned Russian weapons-trading company and its bank subsidiary. The sanctions create both “primary” or “secondary” sanctions risks for both U.S. persons and non-U.S. persons. Concurrently, OFAC issued two general licenses permitting certain transactions and activities necessary to wind down dealings with or divest interests in certain of the sanctioned companies.

At the midpoint of the much-anticipated AT&T/Time Warner trial, partners Shepard Goldfein and Karen Hoffman Lent discuss how a vertical mega-merger from a few years ago — and a familiar face from that case — may provide some clues of what is to come.