[Legal Economics Part 6] Class Action ②

We will deliver antitrust-related content in a series of 6 parts by Attorney Fornaciari (commonly known as Mr. Jack) who also acts as an agent for many Japanese companies focusing on antitrust cases. Part 6 introduces the DOJ investigation, related civil lawsuits with and without fines, and how to reduce their costs.

BakerHostetler

BakerHostetler, one of the nation’s largest law firms, represents clients around the globe. With offices coast to coast, our more than 1916 attorneys litigate cases and resolve disputes that potentially threaten clients’ competitiveness, navigate the laws and regulations that shape the global economy, and help clients develop and close deals that fuel their strategic growth.

We have six core practice groups: Business, Digital Assets and Data Management, Intellectual Property, Labor and Employment, Litigation, and Tax. Within these groups are several large specialty practices, including antitrust, bankruptcy, healthcare, energy, middle market mergers and acquisitions, complex commercial litigation, data privacy and security, patent prosecution and international tax. Our attorneys have broad knowledge and experience in many industries, including energy, media, manufacturing, healthcare, financial services and insurance, consumer products, and hospitality.

John R. Fornaciari, Partner

One of the best lawyers in the United States who has been involved in large-scale commercial proceedings, antitrust cases, and white-collar defense for many years. He has been involved in a number of major cases in the US Department of Justice Antitrust, the Federal Trade Commission (FTC), and corporate M & A, and has been successful. He has defended numerous companies not only in antitrust cases, but also in RICO, fraud, freeze-out mergers, defaults, conspiracies, mail and wire fraud and FCPA cases. He also defends many companies in cartel cases in the US and EU. He has been selected as an excellent lawyer by evaluation agencies such as "Super Lawyer," "Legal 500 United States," and "Martindale-Hubbell."

In an antitrust case involving a Japanese company, he also served as counsel for shipping giant Nippon Yusen Kabushiki Kaisha (NYK). The amount of surcharge the company received from the Japan Fair Trade Commission (approximately 131 billion yen) exceeded the fine imposed in the United States ($5,940 million, approximately 2014 billion yen as of 69), making this the first large-scale case in which the amount of fines in the United States and Japan were reversed. Furthermore, in the civil proceedings of Nippon Yusen following the detective, the court has quickly won a dismissal decision. Attorney Fornaciari has represented NYK and its group companies, as well as Japanese auto parts manufacturers who were frustrated with endless civil litigation, and has successfully resolved numerous class action and opt-out cases for Japanese companies with minimal settlements. He is a "truly talented attorney" who has made great achievements for Japanese companies. .

Related Videos

Joint Venture and Alliance Part 1
Joint Venture and Alliance Part 2
[Legal Economics Part 1] Basics of Antitrust Law
[Legal Economics Part 2] On-site inspection
[Legal Economics Part 3] To Minimize Economic Impact
[Legal Economics Part 4] After a Criminal Case-Beginning of a Civil Litigation
[Legal Economics Part 5] Class Action ①
[Legal Economics Part 6] Class Action ②