United States of America v. Novelis Inc. et al

  1. April 29, 2022

    Decision-Makers Stress Markets In Recent Merger Challenges

    The decision-makers who ruled on two government merger challenges recently highlighted the importance market definition plays in deciding cases, in delivering postmortems on the Justice Department's victory in its first arbitrated merger case and a rare Federal Trade Commission loss on a hospital deal. Law360 looks at some takeaways from a panel discussion.

  2. August 21, 2020

    DOJ Wants Trustee To Oversee Arbitrated Merger Deal

    The U.S. Department of Justice has asked an Ohio federal court to appoint a trustee tasked with overseeing the sale of a business that aluminum supplier Novelis agreed to shed as a condition for moving ahead with its $2.6 billion purchase of Aleris following a novel arbitration process.

  3. May 12, 2020

    DOJ Seeks Divestiture After Win In Novelis Merger Arbitration

    The U.S. Department of Justice asked an Ohio federal court on Tuesday to greenlight a proposed judgment forcing Novelis Inc. to accept a divestiture in order to complete its planned $2.6 billion purchase of Aleris Corp., following a first-of-its-kind win for the agency in arbitration over the tie-up.

  4. March 16, 2020

    How DOJ Uncovered Its Power To Arbitrate A Merger And Won

    A pair of aluminum suppliers are expected to settle a Justice Department merger challenge after an arbitrator sided with the agency last week on a dispute over who their competitors are, a critical decision that would have given the government a big advantage in litigation over the deal.

  5. March 09, 2020

    Arbitrator Sides With DOJ In First-Of-Its-Kind Merger Row

    The U.S. Department of Justice's gamble to invoke its never-before-used authority to send a merger challenge to arbitration paid off Monday with a decision forcing Novelis Inc. to accept a divestiture in order to complete its planned $2.6 billion purchase of Aleris Corp.

  6. March 06, 2020

    DOJ Wraps Arbitration For Novelis' $2.6B Aluminum Deal

    The U.S. Department of Justice said Friday that it has concluded its first arbitration of a merger challenge and that the parties are now awaiting a decision that could smooth the way for Novelis Inc.'s planned $2.6 billion purchase of Aleris Corp. or throw it off-track.

  7. October 17, 2019

    Novelis Calls DOJ Antitrust Challenge 'Divorced' From Reality

    Aluminum giant Novelis Inc. sharply criticized the U.S. Department of Justice's challenge to its planned $2.6 billion purchase of rival Aleris Corp., calling the government's antitrust theory "wildly unrealistic" and "completely divorced from commercial reality."

  8. September 09, 2019

    DOJ Details Arbitral Plan In $2.6B Novelis-Aleris Deal Dispute

    The U.S. Department of Justice on Monday laid out an unusual arbitration process that would be used in its suit seeking to block Novelis' planned $2.6 billion purchase of Aleris amid concerns that the deal would reduce competition and hike the price of aluminum auto body sheet.

  9. September 04, 2019

    DOJ Moves To Block Novelis' $2.6B Deal For Aluminum Co.

    The U.S. Department of Justice on Wednesday sued to block aluminum giant Novelis Inc.'s planned $2.6 billion purchase of Aleris Corp. over concerns about aluminum used for automotive applications, saying the companies have agreed to arbitrate certain issues in the case.