X
09Oct

Peabody and Arch Coal Walk Away from Joint Venture After District Court Grants FTC’s Request for Preliminary Injunction

On September 29, 2020, Judge Sarah Pitlyk, a 2019 Trump appointee to the Eastern District of Missouri, granted the Federal Trade Commission’s request for a preliminary injunction barring two thermal coal producers, Arch Resources and Peabody Energy Corporation, from creating a joint venture of their Wyoming coal mining facilities. The case is instructive for multiple reasons, including as a reminder that Section 7 of the Clayton Act is not limited to acquisitions, but can be used to challenge...
By: Mintz - Antitrust Viewpoints
Source Url: https://www.jdsupra.com/legalnews/peabody-and-arch-coal-walk-away-from-10264/

Related

10 Trends in Physician Practice Transactions to Track in 2020

By all accounts, 2019 proved to be another year of significant investment by private equity firms in...

Read More >

No Class Arbitration Available in PBM Case

The Eighth Circuit recently concluded that there was no contractual basis to conclude that a pharmac...

Read More >

MORE, MORE, MORE! German government plans another far-reaching expansion of foreign investment control

Foreign investment control has become a key factor in M&A deals and 2020 was a particularly eventfu...

Read More >

Indiana Supreme Court Reaffirms That the Blue Pencil Doctrine Is an ‘Eraser’ for Overbroad Restrictive Covenant Language

On December 3, 2019, in Heraeus Medical, LLC v. Zimmer, Inc., the Indiana Supreme Court reaffirmed t...

Read More >

You and shelf space payments

Shelf space payments where mutual funds pay a platform a fee for space on their 401(k) shelf of inve...

Read More >

New Federal Fair Chance Act Applies to Federal Contractors and Agencies

On December 20, 2020, the president signed legislation, the National Defense Authorization Act (NDAA...

Read More >