O'Melveny Wins "Competition Team of the Year" Award
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O'MELVENY WINS "COMPETITION TEAM OF THE YEAR" AWARD
BRUSSELS, February 11, 2008 - O'Melveny & Myers LLP has been recognized as "Competition Team of the Year" by Legal Business Awards 2008. O'Melveny was recognized for its innovative representation of TUI AG in its acquisition of First Choice Holidays PLC, forming the leading travel group worldwide. John Cook, of counsel in the Brussels and London office, led the O’Melveny & Myers LLP winning team.
"We are very honored to receive this award," said John Cook. "This recognition is a tangible example of the strength of our European Antitrust and Competition Practice and confirms our position amongst the best competition practices in Europe."
According to Legal Business, this case was particularly unique because “Contrary to market perception and the beliefs of many involved in the deal, Cook succeeded in convincing the European Commission that only a Phase I investigation was necessary to clear the First Choice/TUI merger, rather than a lengthy and costly Phase II inquiry.”
The other firms short-listed for Competition Team of the Year were: Cleary Gottlieb Steen & Hamilton and Slaughter and May, Denton Wilde Sapte, Freshfields Bruckhaus Deringer and Peters & Peters.
“This award is a well-deserved recognition of John's exceptional work which has characterized his entire career,” said Riccardo Celli, head of the European Antitrust and Competition Practice. “It represents the pinnacle of a tremendously successful year for our competition practice.”
About O’Melveny & Myers LLP’s Antitrust/Competition Practice:
Co-chaired by Timothy Muris and Richard Parker in Washington, DC, alongside Riccardo Celli, chair of the European Antitrust/Competition Practice in Brussels, O'Melveny & Myers' Antitrust/Competition practice has more than 70 experienced lawyers around the world. Combining its US, European, and Asian antitrust knowledge, we are well situated to advise on the transnational implications of deals. Our team of lawyers includes former high-ranking regulatory officials who maintain close contact with the enforcement agencies, providing clients with invaluable insights into governmental decision-making processes. The Brussels office, home to the European Antitrust/Competition Practice, focuses on all aspects of EU and national competition law. Established in 2004, its recent track record testifies to the Firm's strength in dedication and skill in using competition laws to achieve success for its clients in their chosen business strategies.
About O’Melveny & Myers LLP
With more than 1,000 lawyers in 13 offices worldwide, O’Melveny & Myers LLP is one of the top 20 law firms worldwide, able to help industry leaders across a broad array of sectors manage the complex challenges of succeeding in the global economy. We are a values-driven law firm, guided by the principles of excellence, leadership, and citizenship. Our commitment to these values is reflected in our dedication to improving access to justice through pro bono work and championing initiatives that increase the diversity of the legal profession. For more information, please visit www.omm.com.
For more information on the Legal Business Awards, see http://awards.legalbusiness.co.uk.
February 11, 2008