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Nicholas Cheolas
Senior Associate
Washington, DC
1775 Pennsylvania Avenue, NW
Suite 375
Washington DC 20006
TEL: (202) 899-4105
{ mail } ncheolas@zelle.com
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Practice Areas
Bar and Court Admissions
Education

Nicholas S. Cheolas

Nick has a wide range of experience in business litigation matters with a particular focus on antitrust litigation.  He has represented clients on both sides of the docket in complex, multidistrict litigation in federal courts and in more straightforward business disputes in state courts.  Nick has counseled and litigated disputes on behalf of ERISA pension and health and welfare trust fund clients and has advised clients on export regulations promulgated by the Department of State and Department of Commerce. 

Nick’s current practice involves general business and antitrust litigation on behalf of plaintiffs and defendants, competition compliance counseling, and premerger notification advice and assistance with the requirements of the Hart-Scott-Rodino Act.  He currently represents quasi-government agency plaintiffs in litigation against numerous banks related to the manipulation of LIBOR, a benchmark interest rate.  Nick has recently focused on the nexus between antitrust laws and financial products, markets, and benchmarks.

As a law student at the University of Michigan, Nick was a member of the Federalist Society, the ACLU, and the Michigan Law hockey team: the Ambulance Chasers.  In law school, he was also a member of the Michigan Innocence Clinic, the nation’s first clinic to focus on non-DNA innocence cases.  In 2009, he helped exonerate a man wrongfully convicted of murder. 

Nick served as a legal intern for Judge Nancy G. Edmunds of the U.S. District Court for the Eastern District of Michigan during the summer of 2008.

Representative Matters

Antitrust

Defended optical disk drive manufacturer in multidistrict class action in the Northern District of California alleging Sherman Act claims involving price fixing and bid-rigging.  Nick managed extensive third party discovery and depositions and worked with industry experts. 

Member of damages trial team in ZF Meritor LLC, et al. v. Eaton Corporation, representing plaintiff transmission manufacturer alleging exclusive dealing claims.  Nick handled trial preparation and pretrial motions.  The case settled on the eve of trial for $500 million. 

Represented defendant jukebox manufacturer against group boycott and refusal to deal claims and drafted briefs in support of motion to dismiss focusing on antitrust injury and standing requirements. 

Provided advice and counseling regarding premerger notification requirements to beverage distributor seeking to form joint venture. 

Business Litigation

Involved in a three-week International Chamber of Commerce arbitration on behalf of plaintiff pharmaceutical manufacturer alleging breach of contract claims.  Nick was responsible for briefing and preparing trial witnesses on pharmacological and FDA regulatory issues.

Defended U.S. government contractor in a contractual dispute related to construction work in Afghanistan.

Represented electric utility company in administrative proceedings in front of the New Jersey Board of Public Utilities.  Nick oversaw merits briefing and witness preparation during a two-week administrative hearing. 

Articles & Presentations

"The Latest Trends in Drug Monopolies," Competition Law360, November 29, 2017, co-author

"Google, NASA, Planes and a Stronger Legal Team," Law360, March 24, 2017, author

Professional Affiliations

Pro Bono Activities

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