Morgan Lewis & Bockius is leading Deutsche Boerse’s appeal into the European Commission’s (EC) decision to block its proposed merger with NYSE Euronext.
Frankfurt head Christian Zschocke, a specialist in public takeovers and European and German antitrust law, is heading the Morgan Lewis team.
The EC’s in-house legal team will handle the matter, while NYSE Euronext, which operates the New York Stock Exchange, is being represented by Wachtell Lipton Rosen & Katz. The firm’s team is headed by New York corporate partner David Karp.
Cleary Gottlieb Steen & Hamilton is advising NYSE on competition issues, led by partners Nick Levy and Brian Byrne.
The EC ruling blocked the proposed $7.4bn (£6.2bn) deal under antitrust legislation, stating that the combined body would unfairly dominate the market for European derivatives.
During the proposed merger negotiations, a Düsseldorf-based Linklaters team, led by capital markets partner Ralph Wollburg, with Brussels competition head Alec Burnside on the antitrust side, acted for Deutsche Boerse.