April 22, 2016
Global Competition Review ranked Weil’s New York Antitrust/Competition practice among a leading group of “highly recommended” practices in a recent survey of the New York antitrust bar. GCR also highlighted Antitrust Litigation partners Steven Reiss, Adam Hemlock and Eric Hochstadt for their investigations and “high-stakes” litigation work.
In particular, GCR noted Mr. Reiss and Mr. Hemlock’s continued counsel on behalf of client Bridgestone in its massive civil class action litigation, as well as the practice’s successful representation of Japanese materials and electronics company Taiyo Yuden in a separate follow-on damages action where plaintiffs alleged a conspiracy to fix prices and rig bids for various kinds of capacitors. Additionally, Weil’s victories in securing case dismissals for clients facing group boycott claims – Farmers Insurance, worked on by by Mr. Hochstadt, and United Health, led by Mr. Hemlock – were also highlighted by GCR.
GCR also commended the practice’s class action success, with Mr. Reiss and Mr. Hochstadt representing local commercial television stations that sued the musical performing rights organization SESAC, in securing a settlement with 20 years of relief overseen by neutral arbitrators from unilateral demands for blanket licensing at artificially inflated fees and tens of millions in damages for past harm. Mr. Hochstadt’s counsel, on behalf of the Elite Rodeo Association, in pursuing collusion and monopolization claims against the Professional Rodeo Cowboys Association that survived a motion to dismiss, was also noted among the practice’s plaintiff sports representations.