Daniel E. Hemli

Jan 10, 2025 | natlawreview.com | Daniel E. Hemli

On January, 7, 2025, the Federal Trade Commission (FTC) announced that crude oil producers XCL Resources Holdings, LLC (XCL), Verdun Oil Company II LLC (Verdun) and EP Energy LLC (EP) collectively will pay a $5.68 million civil penalty to resolve allegations they engaged in illegal pre-merger coordination, also known as “gun jumping,” in violation of the Hart-Scott-Rodino Act (HSR Act). This is the largest fine ever imposed for a gun jumping violation in US history.

Apr 1, 2024 | mondaq.com | Robert Wagman Jr. |Patrick Johnson |Daniel E. Hemli

Mergers and acquisitions involving companies that conduct business with the federal government present a unique set of challenges. Several statutes and regulations are implicated in such corporate transactions, whether the federal government is a company's smallest customer or its only customer. On March 18, 2024, U.S. Senators Elizabeth Warren (D-Mass.) and Mike Rounds (R-S.D.) sent a letter to the Secretary of Defense suggesting additional hurdles that may soon be put in place.

Mar 26, 2024 | jdsupra.com | Daniel E. Hemli |Patrick Johnson |Robert Wagman Jr.

Mergers and acquisitions involving companies that conduct business with the federal government present a unique set of challenges. Several statutes and regulations are implicated in such corporate transactions, whether the federal government is a company’s smallest customer or its only customer. On March 18, 2024, U.S. Senators Elizabeth Warren (D-Mass.) and Mike Rounds (R-S.D.) sent a letter to the Secretary of Defense suggesting additional hurdles that may soon be put in place.

Feb 5, 2024 | natlawreview.com | Daniel E. Hemli

Skip to main content February 05, 2024 Volume XIV, Number 36 Legal Analysis. Expertly Written. Quickly Found.

Jan 2, 2024 | natlawreview.com | Daniel E. Hemli

On December 18, 2023, the Department of Justice (DOJ) and the Federal Trade Commission (FTC) issued the final version of new merger review guidelines (Merger Guidelines), five months after the agencies published a draft for public comment. The new 2023 Merger Guidelines describe the analytical frameworks used by the current DOJ and FTC to assess whether mergers and acquisitions are likely to substantially lessen competition or tend to create a monopoly in violation of federal antitrust laws.