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Simpson Thacher Achieves Dismissal For The Blackstone Group LP

06.04.13

On May 29, 2013, Judge Lee Smalley Edmon of the Los Angeles Superior Court issued a 22-page decision and order dismissing Blackstone with prejudice from a lawsuit brought by the Los Angeles City Attorney’s Office in the name of the People of the State of California.  The Los Angeles City Attorney’s Office had sought to hold Blackstone liable for the alleged unfair competition and false advertising of HealthMarkets, Inc., a Blackstone portfolio company, and two of its subsidiaries.  The Simpson Thacher team included Chet Kronenberg, Michael Freedman and Colin Rolfs in the Los Angeles office.  Mr. Kronenberg argued the demurrer on behalf of Blackstone.