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2012 was the year of billion-dollar wins in patent cases, but the largest award so far this year has come in an antitrust case against Dow Chemical. On Wednesday, a judge trebled a $400 million jury verdict in a class action in which the company was accused of fixing prices for the chemical urethane.
For a beverage that pretty much symbolizes wholesome innocence, milk is a messy business, at least according to an antitrust class action that has (mostly) survived defense motions to dismiss.
When most people think of dairy farming, they probably imagine cows grazing contentedly amid rolling pastureland. But for plaintiffs lawyers facing rejected class antitrust claims against dairy cooperatives in Vermont and struggling to salvage a $140 million settlement with Dean Foods in Tennessee, the scene isn't nearly so bucolic.
But the most interesting thing about Monday's amended class action complaint may be its attempt to head off BP counsel Sullivan & Cromwell's arguments based on--wait for it--Morrison v. NAB.
Four years after regulators began investigating alleged collusion by the banks controlling the CDS market, private antitrust litigation is finally starting to take shape.
Prius plaintiffs attorney ask Ninth Circuit to rescue their fee award
Five plaintiffs firms that obtained a class action settlement over alleged headlight defects in the Toyota Prius have petitioned a federal appeals court to overturn a trial judge's rejection of $4.7 million in attorney fees as "highly unreasonable."First Circuit affirms order giving leftover settlement money to cancer center
The ruling was the first time the First Circuit addressed "the procedural and substantive standards for distribution" of such funds under what is known as the cy pres doctrine. But the court expressed some unease over the propriety of federal judges making such distribution decisions.A lawyer for the historic class--the largest in employment class action history--told us the plaintiffs may have dodged a constitutional bullet in the Court's reformulation of a question in Gibson Dunn's cert petition. But we're not so sure about that.
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