15 Jones Day
Over the past 12 months Jones Day has opened two new offices, in Detroit and Brisbane. The firm has recently completed its successful representation of the City of Detroit in its chapter 9 reorganisation, and sees the city as one of much promise in the future. The Brisbane office, Jones Day’s third in Australia, will have a strong focus on M&A, major projects and project-related disputes within the natural resources, construction, transport and agricultural sectors.
As Jones Day continues to expand its network, it maintains a single, true partnership. The firm believes this approach is vital to its success, as it ensures all partners work together to fulfil collective duties thereby ensuring the highest level of client service.
PEOPLE AND PRACTICES
Jones Day’s competition practice encompasses more than 150 lawyers located in 27 business hubs across Asia, Europe and the Americas. One of the practice’s highlights last year saw the firm represent California-based satellite TV provider DirecTV on the antitrust aspects of its $67 billion acquisition by AT&T. Investigations lasted for more than a year before it was cleared by the US Department of Justice and the Federal Communications Commission with limited conditions.
Practice leader David Wales brings unique experience of serving as a senior official in both US antitrust agencies. He is a “seasoned expert” whose practice encompasses all aspects of antitrust. Also in DC, Joe Sims enjoys a “formidable reputation” for his work in antitrust counselling and litigation. Brussels-based Bernard Amory oversees the European antitrust and competition law practice and is “very active” in the market advising on merger cases and article 101 and 102 matters. He is known for his “unsurpassed experience in the telecoms sector” and is our Telecoms and Media Lawyer of the Year for 2016. Alongside him, Thomas Jestaedt garners praise for his involvement in some of the largest European cartel cases in recent years including Austrian Banks, Cartonboard and Preisolated Pipes. Johannes Zöttl in Düsseldorf advises on merger reviews and antitrust enforcement actions, and has particular experience in the chemical, pharmaceutical and automotive industries.
The firm’s business restructuring and reorganisation practice was founded over 30 years ago by David Heiman, a renowned figure in the market, who recently represented the City of Detroit in its historic chapter 9 bankruptcy and plan of adjustment. The case is the largest and most complex municipal bankruptcy in US history, and involved $18 billion in debt. The matter was resolved 16 months after filing – an unprecedented speed. Paul Leake is the current practice leader and based out of New York he advises on US and transnational business reorganisations. Some of the companies he has represented in out-of-court and chapter 11 debtor matters include Fresh & Easy, Georgia Gulf, Globalstar, Independence Air and ProQuest.
The firm is also home to a strong group of investigations and white-collar defence specialists. In the past year, Jones Day has advised on the UK’s first deferred prosecution agreement; conducted internal investigations on behalf of the French subsidiary of a US company in the transportation sector, pertaining to alleged moral and sexual harassment committed by a French director; and obtained affirmance on behalf of client Woodward from the Seventh Circuit of summary judgment ruling in its favour, in a qui tam lawsuit alleging Flase Claims Act violations.
Brian Sun is partner-in-charge of the Los Angeles office and enjoys a “prestigious reputation” for his experience in business crime defence work. He has represented companies and individuals, most recently representing Michael Carona who was acquitted on five of six counts of indictment charging him with corruption and witness tampering. Peter Romatowski leads the securities litigation and SEC enforcement practice handling regulatory and criminal investigations. He also represents corporates and individuals before grand juries, courts, and committees of Congress. He is “great on his feet” and considered “in a class of his own”.
With a long history of undertaking pro bono work at the firm, Jones Day remains active in its communities worldwide. In 2015, the firm published an online guide to same-sex relationship laws throughout the world which will be maintained as new court decisions and statutes change the laws, and continued to provide pro bono representation to detained families in the Texas detention facilities in the aftermath of the 2014 border surge.
Jones Day believes that a “strong team is a diverse and inclusive one”, and aims to provide an environment in which all can flourish and develop their full potential. The firm is committed to offering a variety of flexible and part-time arrangements on a case-by-case basis. These arrangements have proven a great success, with associates being promoted to partner while on part-time schedules, and partners in senior management positions in the firm who have worked part-time during periods of their careers.