On January 7, 2025, the U.S. Department of Justice (DOJ) filed suit against three Texas-based crude oil companies—XCL Resources Holdings, LLC (XCL), Verdun Oil Company II, LLC (Verdun), and EP Energy LLC (EP)—alleging...more
1/14/2025
/ Acquisitions ,
Antitrust Violations ,
Civil Monetary Penalty ,
Contract Terms ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Gun-Jumping ,
Hart-Scott-Rodino Act ,
Mergers ,
Oil & Gas ,
Pre-Merger Filing Requirements ,
Purchase Agreement
On January 10, 2025, the Federal Trade Commission (FTC) announced its annual adjustments to the filing thresholds and fees under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the HSR Act). Because of this year's...more
1/14/2025
/ Acquisitions ,
Antitrust Provisions ,
Competition ,
Department of Justice (DOJ) ,
Federal Trade Commission (FTC) ,
Hart-Scott-Rodino Act ,
Jurisdictional Thresholds ,
Mergers ,
Size of Persons Test ,
Size of Transaction Test ,
Threshold Requirements
On January 22, 2024, the Federal Trade Commission (FTC) announced its annual adjustments to the filing thresholds and fees under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act). Because of this year's...more