IN A DECISION that at least one lawyer said could affect the $512 million dollar class action settlement in the Christie’s and Sotheby’s price fixing case, the U.S. Court of Appeals for the Second Circuit yesterday reinstated claims by customers involved in auctions overseas.
The Second Circuit vacated the decision of Southern District Judge Lewis A. Kaplan, who had dismissed the so-called foreign claims for a lack of subject matter jurisdiction just weeks before he conditionally approved the $512 million settlement on the domestic claims in 2001.
This content has been archived.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]
