Jessica Delbaum
Advises on the antitrust aspects of M&A transactions. Defends transactions before DOJ and the FTC and coordinates multi-jurisdictional antitrust defense.
Jessica defends mergers and acquisitions before the Department of Justice and the Federal Trade Commission and coordinates the multijurisdictional antitrust defense of transactions. Clients also look to Jessica for counsel on a wide range of antitrust issues, such as competitor collaborations, joint ventures, distribution arrangements, business practices and Hart-Scott-Rodino Act compliance. Jessica’s experience spans multiple industries, including agriculture, life sciences, media, aviation, technology and finance.
Jessica previously served as an Attorney General’s Honors Program Attorney in the Department of Justice’s Antitrust Division, where she investigated possible violations of the antitrust laws involving mergers and acquisitions, the reporting and waiting requirements of the Hart-Scott-Rodino Act, and civil price-fixing.
A Chambers-ranked practitioner, Jessica is described by clients as “a really strong and trusted thought partner” who is “intelligent and pragmatic.”
Experience
Jessica’ representations prior to joining Davis Polk include:
- A global healthcare company in its $2.2 billion acquisition of RAPT Therapeutics and $5.1 billion acquisition of TESARO
- Genmab in its $8 billion acquisition of Merus
- STMicroelectronics in its $950 million acquisition of NXP Semiconductors’ MEMS sensors business
- SGS on its $1.3 billion acquisition of Applied Technical Services
- Oakley Capital in the sale of vLex to Clio in a transaction valuing vLex at $1 billion
- SERB Pharmaceuticals on its $412 million acquisition of Y‑mAbs Therapeutics
- TELUS Corporation on its acquisition of Workplace Options for approximately $500 million
- Despegar.com on its $1.7 billion sale to Prosus
- Exscientia on its $688 million combination with Recursion
- Atrion on its $800 million merger with Nordson
- JetBlue on its proposed $3.8 billion acquisition of Spirit Airlines and in its terminated Northeast Alliance with American Airlines
- Paramount in its $1.62 billion sale of Simon & Schuster to KKR (as well as its proposed sale to Penguin Random House)
- Carbon Engineering in its sale to Occidental Petroleum
- Dover Corporation in its acquisitions of FW Murphy Production Controls and Belanger
- Sun Pharmaceutical in multiple acquisitions, including of Checkpoint Therapeutics, Concert Pharmaceuticals, Ranbaxy Laboratories, Pharmalucence and Taro Pharmaceutical, and its licensing agreements with Cassiopea and Merck
- Glatfelter in its acquisitions of the Jacob Holm Group and Georgia-Pacific’s U.S. and European nonwovens businesses, and its sale of its Specialty Paper Business to Lindsey Goldberg
- Bunge in its sale of certain grain elevators to Zen-Noh Corporation, acquisition of a refinery from Fuji Oil and acquisition of Loders
- Lanxess on its acquisition of Emerald Kalama Chemical
- Virbac sale of Sentinel veterinary products to MSD Animal Health
- Brentwood/Credentials Solutions in the acquisition of Parchment
- Vice Media in its acquisition of Refinery 29
- Salesforce in its acquisitions of MapAnything and Click Software
- LyondellBasell in its acquisition of A. Schulman
- Bojangles in its merger with Walker Parent
- SS&C in its acquisition of Eze Software
- Hoya in its acquisition of Performance Optics
- American Axle in its acquisition of Metaldyne Performance Group
- Nokia in its sale of HERE to an automotive consortium
Recognition
Chambers USA – Antitrust, New York
Legal 500 U.S. – Antitrust: Merger Control
Lexology Index (formerly Who’s Who Legal) – Competition
BTI Consulting Group – “Client Service All-Star,” 2021
Education
- cum laude
- Articles Editor, Harvard International Law Journal
- magna cum laude
Prior experience
- Partner, A&O Shearman, 2024-2026
- Partner, Shearman & Sterling, 2012-2024
- Counsel, Shearman & Sterling, 2011
- Associate, Shearman & Sterling, 2004-2010
- Attorney General’s Honors Program Attorney, U.S. Department of Justice, Antitrust Division, 2001-2004
Qualifications and admissions
- State of New York
- U.S. District Court, E.D. New York
- U.S. District Court, S.D. New York
- U.S. Supreme Court