Bush-nominated judge to hear US fight to stop Aon-Willis
Reprints
(Reuters) — Senior Judge Reggie Walton, who joined the U.S. District Court for the District of Columbia in 2001, will hear the Justice Department’s lawsuit aimed at stopping insurance broker Aon PLC’s $30 billion acquisition of Willis Towers Watson PLC.
The U.S. Justice Department filed a lawsuit on Wednesday in hopes of blocking the deal, arguing it would combine the second and third largest of the “Big Three” global insurance brokers and lead to higher prices.
The case was initially assigned to Judge Carl Nichols but reassigned hours later.
Judge Walton, who was nominated to the court by President George W. Bush, had previously served as a judge on the Superior Court of the District of Columbia from 1981 to 1989 and 1991 to 2001.
Judge Walton is also a former member of the U.S. Foreign Intelligence Surveillance Court, a secretive U.S. court that considers applications for electronic surveillance. He was the presiding judge for one of the seven years he spent on the court.
Read Next
-
US sues to stop Aon’s purchase of Willis Towers Watson
(Reuters) – The Justice Department said on Wednesday it would sue to stop insurance broker Aon PLC’s $30 billion acquisition of Willis Towers Watson PLC.
