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Federal Trade Commission and Department of Justice Seek Public Comment on the Premerger Notification and Report Form
Granting of Requests for Early Termination of the Waiting Period Under the Premerger Notification Rules
Granting of Requests for Early Termination of the Waiting Period Under the Premerger Notification Rules
XCL Resources Holdings, LLC et al, USA v.
The Federal Trade Commission announced that crude oil producers XCL Resources Holdings, LLC (XCL), Verdun Oil Company II LLC (Verdun), and EP Energy LLC (EP) will pay a record $5.6 million civil penalty to settle allegations they engaged in illegal pre-merger coordination, known as gun jumping, in violation of the Hart-Scott-Rodino Act (HSR Act).