The legal library gives you easy access to the FTC’s case information and other official legal, policy, and guidance documents.
20090154: Eli Lilly and Company; United Therapeutics Corporation
ESL Partners, L.P., and ZAM Holdings, L.P., United States of America (For the Federal Trade Commission)
Enforcing the mandatory premerger notification filing provisions under the Hart-Scott-Rodino Antitrust Improvements Act, the Commission filed a complaint in Federal District Court charging ESL Partners and ZAM Holdings, two investment funds, with failing to make timely filings prior to making two acquisitions. The acquisitions in question were the purchase of blocks of AutoZone, Inc.’s shares in September and October of 2004. According to the Commission’s complaint, the acquisition met the filing threshold established in the HSR act, and thus was required to file. ESL and ZAM agreed to pay civil penalties of $525,000 and $275,000 respectively to settle the Commission’s charges.
20090199: Platinum Equity Capital Partners II, L.P.; Stephen J. Williams
20090197: TPG Partners VI, L.P.; Tygris Commercial Finance Group, Inc.
20090196: New Mountain Partners III, L.P.; Tygris Commercial Finance Group, Inc.
20090192: Sierra Wireless, Inc.; Wavecom S.A.
20090190: Nestucca Forests LLC; Stimson Lumber Company, Inc.
20090182: Prime Financial Credit Union; Guardian Credit Union
Sony BMG Music Entertainment, a general partnership subsidiary of Sony Corporation of America, United States of America (For the Federal Trade Commission)
Wright, Chapin N. II, individually, and d/b/a See Right Vision and Vision Contact Lenses
Contact Lens Heaven, Inc., et al.
20090180: Windjammer Senior Equity Fund III, L.P.; SPC Partners II, L.P.
20090187: Compass Group PLC; Kimco Facilities Services Corporation
Red Sky Holdings LP, and Newpark Resources, Inc., In the Matter of
The Commission issued an administrative complaint to block CCS Corporation’s proposed $85 million acquisition of Newpark Environmental Services. According to the complaint, the proposed transaction was anticompetitive because it would consolidate two of the leading providers of waste disposal services for the offshore oil and natural gas exploration and production industry in the Gulf Coast Region, leading to higher prices and decreased service levels. In response to the complaint, CCS, a subsidiary of Red Sky, threatened to close down its operations in the Gulf Coast should the acquisition not receive the necessary regulatory approvals. The Commission filed for a preliminary injunction, and temporary restraining order in federal court. As a result, the parties abandoned the transaction, and the Commission dismissed its administrative complaint.