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In a significant decision that reaffirms the extent to which holders of debt may engage in coordinated behavior with respect to a common issuer, the United States Court of Appeals for the Eleventh Circuit recently affirmed a judgment on the pleadings for a group of hedge funds in an antitrust case challenging the funds’ actions under the Sherman Act
On December 3, 2009, the United States Court of Appeals for the Second Circuit issued a significant decision affirming the dismissal of an antitrust lawsuit brought against major financial services firms alleging anticompetitive behavior in prime brokerage services provided to short sellers
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Workarea - Litigation
Workarea - Capital Markets
Workarea - Competition
Jurisdiction - USA
Firm Name - Paul, Weiss, Rifkind, Wharton & Garrison LLP
