O’Melveny Lauded at Global Competition Review’s 13th Annual GCR Awards CeremonyMarch 29, 2023
FOR IMMEDIATE RELEASE
WASHINGTON, DC—March 29, 2023—O’Melveny received two top recognitions at Global Competition Review’s 2023 GCR awards ceremony, which “honors the world’s leading antitrust lawyers, economists, and the biggest cases from 2022.”
The awards were announced on March 28 in Washington, DC.
In the “Behavioral Matter of the Year” category, Global Competition Review recognized O’Melveny for successfully defending former Pilgrim's Pride CEO Jayson Penn in three criminal antitrust trials following accusations of a scheme to rig bids for broiler chicken products from 2012-2019. O’Melveny’s defense of Penn in the first two trials resulted in hung juries, and after an unprecedented third trial, O’Melveny secured an acquittal for Penn in July 2022.
In the “Merger Control of the Year – Asia-Pacific, Middle East, and Africa Region” category, Global Competition Review recognized O’Melveny for advising Asiana Airlines on its US$1.4 billion proposed acquisition by Korean Air. With the implementation of various remedies to resolve competition concerns, the deal has been cleared by authorities in China, Malaysia, Vietnam, Singapore, South Korea, and Taiwan, as well as Australia, Turkey, and the United Kingdom; review is ongoing in Japan, the United States, and the European Union.
The 2023 GCR Awards are based on a nomination process followed by a readers’ vote of the cases, law firms, lawyers, economists, and enforcers they believe excelled in 2022. Additional details are available here.
O’Melveny’s Antitrust & Competition Practice is consistently ranked among the top global antitrust practices, with a team that includes veterans of the U.S. Department of Justice’s Antitrust Division and the Federal Trade Commission. O’Melveny’s antitrust abilities range from extricating clients early and efficiently from litigation and government investigations, to achieving groundbreaking results in high-exposure cases. The O’Melveny team also routinely handles complex international mergers and obtains clearance in challenging multijurisdictional situations.
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O’Melveny & Myers LLP
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