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Jay Modrall


Jay Modrall


T:+32 2 237 61 47

James R. Modrall is an antitrust and competition lawyer based in Brussels. He joined Norton Rose Fulbright LLP in September 2013 as partner, having been a resident partner in a major US law firm since 1986. A US-qualified lawyer by background, he is a member of the bar in New York, Washington, D.C. and Belgium.

With 27 years of experience, he is a leading advisor for EU and international competition work, in particular the review and clearance of international mergers and acquisitions. Mr Modrall also has extensive experience with EU financial regulatory reform, advising the world’s leading private equity groups in connection with the new EU directive on alternative investment fund managers and leading banks and investment firms on EU initiatives including EU regulation of derivatives, EU reforms in financial market regulation and the creation of a new EU framework for crisis management, among others.

Mr. Modrall’s native language is English, and he is fluent in Italian and proficient in Dutch and French.

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  • Admissions
    • Attorney at Law, admitted in New York
  • Publications

    Mr Modrall’s recent publications include: “Third-Country Funds and Fund Managers” (Private Equity Compliance Guide), “More Work Needed: The Independent Commission on Banking’s Findings Require More Rigorous Analysis” (competition-driven reforms of the UK retail banking sector), “EU Antitrust: In the Crosshairs” (EU investigations in the financial sector), “Breaking up is Hard to Do” (EU law on withdrawal from the Eurozone), “EU Competition Law Issues in the M&A Deal Process”, “Non-Compete Clauses in M&A Agreements – The European Union and the United States”, “Gun Jumping and EU Merger Control”, “The Allocation of Antitrust Approval Risk in M&A Agreements”.

  • Memberships and activities

    Mr Modrall is a member of the American Bar Association and is active in its Antitrust Section, serving as Vice Chairman of several committees, and the International Bar Association, serving on the editorial board of its journal, Competition Law International.

  • Videos

    Let’s talk antitrust

    January 2019

    Let's talk antitrust

    January 2019

  • Publications

    The EU gets tough on gun jumping

    Like many international merger control statutes, the EU Merger Regulation (EUMR) prohibits the closing of a notifiable transaction until the European Commission (the Commission) grants or is deemed to have granted antitrust approval..

    November 06, 2017

    Foreign Investment screening: the other merger review

    As the other articles in this issue make clear, there are a myriad of antitrust issues that merging parties must consider when planning their transactions and evaluating the potential regulatory risks. In cross-border transactions, another important consideration is securing clearance under foreign investment screening laws. .

    November 06, 2017

  • News

    Norton Rose Fulbright advises ROFIN-SINAR on major transaction

    Global law firm Norton Rose Fulbright has advised ROFIN-SINAR Technologies, Inc. on an agreement with Coherent, Inc. under which Coherent will acquire ROFN-SINAR for $32.50 per share. The transaction is valued at approx. $942 million and is expected to close within six to nine months, subject to the approval of ROFIN-SINAR stockholders as well as regulatory approvals in the US and other countries..

    March 23, 2016