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| Marsulex Corp. v. Trelleborg AB, et al. |
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Marsulex, Inc.
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| The firm represented Marsulex Corp. in its April 2007 arbitration hearing in New York in which our client claimed damages of $40 million arising out of its 1998 acquisition of assets from Swedish company Trelleborg AB. Immediately following the acquisition, our attorneys discovered certain documents that had not been disclosed during due diligence that raised significant antitrust issues regarding the operation of the business by Trelleborg, and our client was subsequently admitted to the Department of Justice Antitrust Amnesty program. Marsulex initially brought this arbitration in 2000, but the DOJ intervened and stayed the arbitral proceedings pending its criminal investigation into the sulfuric acid industry. When the government investigation concluded in 2006, the arbitral stay was lifted. The matter concluded earlier this year. |
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