Paramount Assembles Legal Team to Defend Warner Bros. Deal
Paramount has enlisted a prominent legal team to defend its $110 billion acquisition of Warner Bros. Discovery. Jeffrey Kessler, known for his antitrust litigation successes, will lead the defense against potential legal challenges. The studio is confident that the deal will not face significant opposition from regulators.
- ▪Jeffrey Kessler will defend Paramount's acquisition of Warner Bros. Discovery.
- ▪The studio does not anticipate legal challenges from the Justice Department or state prosecutors.
- ▪Kessler described the consumer lawsuit against the merger as 'baseless' and lacking credible antitrust claims.
Opening excerpt (first ~120 words) tap to expand
Photo by Justin Sullivan/Getty Images Share on Facebook Share on X Google Preferred Share to Flipboard Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Send an Email Print the Article Post a Comment Logo text Jeffrey Kessler, a heavyweight in antitrust litigation who most recently secured a landmark win for states suing Live Nation, will defend Paramount‘s $110 billion megadeal for Warner Bros. Discovery. The studio doesn’t expect legal challenges from the Justice Department, state prosecutors or foreign regulators, though Kessler would lead the studio’s defense if any are filed, according to a person familiar with the situation.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hollywood Reporter.