The Canadian Press - ONLINE EDITION

NY's Schumer recuses from review of $45B Comcast-Time Warner deal; brother a lead lawyer

  • Print

ALBANY, N.Y. - U.S. Sen. Charles Schumer said Tuesday he is recusing himself from any role Congress plays in Comcast Corp.'s planned acquisition of rival Time Warner Cable Inc. after learning his brother was one of the lead lawyers behind the $45 billion deal.

Federal regulators and lawmakers will scrutinize how the acquisition would affect competition and consumers, issues that could have come before the New York Democrat as a member of the Senate's Judiciary Committee's antitrust subcommittee.

Schumer's office said he didn't know his brother Robert represented Time Warner Cable in the talks until The American Lawyer reported Friday he was the publication's "dealmaker of the week." Robert Schumer is co-chair of the mergers and acquisitions practice at Paul, Weiss, Rifkind, Wharton & Garrison.

"Senator Schumer has not discussed this matter with his brother at all," said spokeswoman Meredith Kelly. "He found out that his brother was involved with the deal on Friday, upon being shown The American Lawyer story, and made a decision to recuse himself from all aspects of the deal in order to avoid even an appearance of conflict of interest."

Robert Schumer's role in the deal was first reported by the blog littlesis.org, a project of the non-profit Public Accountability Initiative.

According to Robert Schumer's resume on the law firm's website, he has worked on a number of major deals involving Time Warner, including its spinoff of Time Warner Cable in 2009.

When the cable deal was announced Thursday, Schumer's office issued a statement saying he had gotten a commitment from a top Comcast executive that the company would go ahead with plans announced by Time Warner to open a new call centre that would employ 250 to 300 people in Buffalo.

While the statement focused on the western New York jobs, Schumer also said he urged the company "to maintain the entire TWC workforce in New York and consider adding to their presence."

He added that "while there was no guarantee, my expectation is that Comcast will invest in New York, as they did after the merger with NBC, and the results of the merger will be positive for New York."

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Dustin Byfuglien reflects on season

View more like this

Photo Store Gallery

  • A Canada Goose cools off in a water pond Monday afternoon at Brookside Cemetary- See Bryksa’s Goose a day Challenge– Day 27-June 25, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)
  • Carolyn Kavanagh(10) had this large dragonfly land on her while spending time at Winnetka Lake, Ontario. photo by Andrea Kavanagh (mom0 show us your summer winnipeg free press

View More Gallery Photos

Poll

Do you think Manitoba needs stronger regulations for temporary workers?

View Results

View Related Story

Ads by Google