Russell McVeagh has another large competition practice. The firm boasts 18 practitioners specialised in the area. Who's Who nominee Andrew Peterson heads the practice, and is considered one of the "leading lights" of the competition bar. Partner Sarah Keene is also "particularly impressive", say contributors. Peterson says the department offers a "unique focus" non-contentious advisory services, as well as handling investigations and prosecutions. He says the integrated litigation strategy avoids double handling of a case.
The firm acted for two banks in the interchange fees litigation, which was settled without any admissions from the banks. Russell McVeagh also acted for Andrew Poynter in the Koppers Arch case, with Keene as lead partner, in which the Supreme Court overruled the Commerce Commission's pursuit of three individuals in the wood chemicals cartel case who were not resident in New Zealand at the time the cartel was operating. The firm is also acting for
Qantas in the air cargo cartel proceedings, and it is acting for a client in the freight forwarding cartel case. It also represented Genesis Energy in relation to an investigation into alleged anti-competitive conduct in the electricity market and other competition matters, including an asset swap and access issues.
The firm has also been active on the merger front. It is representing Cargill in its proposed acquisition of assets from food company Goodman Fielder, a deal that has was opposed by the Australian Competition and Consumer Commission in April. Russell McVeagh has also been acting for National Australia Bank in its proposed acquisition of AXA's Asian business, and cinema company Hoyts on its proposed acquisition of rival Berkeley. The firm has several new cases in the e-books, beverages, building, tourism and printing sectors.
Russell McVeagh's Competition Team is regarded as pre-eminent in the field of competition and regulatory law. We are involved in New Zealand's leading competition law transactions and proceedings.
The team has expertise in all elements of competition and regulatory law, including advice, clearances and authorisations of mergers and conduct (non contentious matters) and investigations, prosecutions and appeals of New Zealand's Commerce Commission decisions (contentious matters). The Competition Team acts for clients across a wide variety of industry sectors including: financial services, aviation, electricity, gas, telecommunications, dairy, retail, food, manufacturing, forestry, and pharmaceuticals, among others. In regular contact with New Zealand's Commerce Commission, the team also works with many of the most respected economic advisors in New Zealand and globally.
The team also has significant experience preparing merger filings and responding to behavioural, including cartel, investigations on behalf of international clients, working with counsel based in Australia, the US and the EU. Familiarity with the points of similarity and difference between the New Zealand and major international regimes, allows the team to work effectively and efficiently in a cross-border legal team environment.
Combined with our team's own qualifications, this provides us with the ability to resource projects in a targeted way to achieve the optimal outcome for clients.
Visit our website at www.russellmcveagh.com.