The Appellate Division, First Department, has denied another attempt by several Wall Street banks to challenge an antitrust lawsuit by a former law firm partner. In March, a First Department panel reinstated Linda Grant Williams' lawsuit against Citigroup, JPMorgan Chase and Goldman Sachs. Grant, who previously practiced at Pillsbury Winthrop Shaw Pittman and Greenberg Traurig, alleges the banks conspired to block a form of airport financing she devised, and the banks' threats led the two firms to fire her.
In Williams v. Citigroup, 650481/10, the appeals court in March reversed the trial court's conclusion that plaintiff had failed to allege antitrust injuries. After the ruling, the defendants moved for reargument, or for leave to appeal to the Court of Appeals. "Reargument should be granted in this action because, in reversing the trial court's dismissal of plaintiff's Donnelly Act claim, this Court overlooked or misapprehended critical issues of law and fact," the banks' lawyers said (See Opposition to Motion).
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
