US: Prominent Antitrust Lawyer to Join Weil Gotshal

Years ago, Kevin J. Arquit and Steven A. Newborn worked side by side as top practitioners of antitrust law.

Now the two men are reuniting — at Mr. Newborn’s current law firm, Weil, Gotshal & Manges.

Weil is expected to announce late Tuesday that it has hired Mr. Arquit, currently employed by Simpson Thacher & Bartlett, to serve as co-head of Weil’s antitrust practice alongside Mr. Newborn.

“We believe we’ll have the No. 1 destination antitrust practice in the US,” Barry M. Wolf, Weil’s executive partner, said in a telephone interview.

Mr. Arquit, who has led Simpson Thacher’s antitrust practice, is among the notable business competition lawyers in the country. He worked at the Federal Trade Commission from 1986 to 1992, serving as general counsel and then director of the antitrust regulator’s bureau of competition.

The transactions he worked at Simpson Thacher include DirecTV’s $48.5 billion sale to AT&T, Lorillard’s $27 billion sale to Reynolds American and Sirius’s merger with XM Radio.

“Kevin is one of the leading lights in antitrust,” said Robert A. Kindler, the global head of mergers and acquisitions at Morgan Stanley. “He has a unique combination of business judgment and technical skills. He is a great addition to Weil’s already strong antitrust franchise.”

Full Content: New York Times

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