Robert J. O'Loughlin III Paul, Weiss, Rifkind, Wharton & Garrison LLP
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Seventh Circuit dismisses Clayton Act Section 8 derivative case *
USA - June 20 2012
In a recent decision, the Seventh Circuit sharply limited the ability of shareholders to bring derivative suits for possible violations of section 8 of the Clayton Act, 15 U.S.C. § 19 (2006), which prohibits interlocking directors and officers between competitors.
Co-authors: Andrew C. Finch, Aidan Synnott, Jill M. Silverman, Joseph J. Simons.
Co-authors of Robert J. O'Loughlin III
Other Paul, Weiss, Rifkind, Wharton & Garrison LLP authors
- Adam M. Givertz ,
- Andrew J. Foley,
- Ariel J. Deckelbaum,
- Brad Goldberg,
- Brian S. Hermann,
- Christopher J. Cummings ,
- Darren W. Johnson,
- Edwin S. Maynard,
- Frances F. Mi,
- Jay Cohen,
- Justin G. Hamill,
- Leslie Gordon Fagen ,
- Lewis R. Clayton ,
- Lynn B. Bayard,
- Manuel S. Frey,
- Patrick S. Campbell,
- Paul D. Ginsberg,
- Robert B. Schumer,
- Stephen C. Centa,
- Stephen P. Lamb