Allen & Overy has appointed John Terzaken, the director of criminal enforcement for the US Justice Department’s (DOJ) antitrust division, as head of its cartel defense practice in America.
Terzaken, who spent eight years at the DOJ having joined in June 2004, will be based in the UK firm’s Washington DC antitrust practice, where he will advise both domestic and international clients on antitrust criminal investigations and litigation, the firm said.
He handled many high-profile global cartel investigations during his tenure at the Justice Department including investigations relating to the LIBOR banking scandal; LCD televisions and air cargo.
The magic circle firm, which recently revealed a near 6 per cent increase in turnover for the 2011-12 financial year (3 July 2012), opened a Washington DC office in June last year (29 June 2011) with the hire of three lawyers from O’Melveny & Myers.
While the office initially focused on regulatory work, the firm made plans to expand into areas including securities enforcement, project finance, international arbitration, antitrust and intellectual property. Now focused on growing its US antitrust practice, A&O announced that Brussels-based antitrust partner Michael Reynolds will be spending a “significant part of his time” in its DC office.
A&O senior partner David Morley said last year: “As the hub of US government, Washington DC is an incredibly important location for us.”