The London Silver Plaintiffs And Defendants Dispute The Scope Of The Second Circuit’s Schwab II Decision

The London Silver Plaintiffs And Defendants Dispute The Scope Of The Second Circuit’s Schwab II Decision

The parties’ dispute in the London Silver Fixing antitrust litigation comes down to whether antitrust standing requires the plaintiff’s injury to have been directly caused by the defendant’s conduct or whether the injury must have directly benefited the defendant. Continue reading The London Silver Plaintiffs And Defendants Dispute The Scope Of The Second Circuit’s Schwab II Decision

Aluminum Warehousing Antitrust Litigation Update

Aluminum Warehousing Antitrust Litigation Update

WWhen we last wrote about In re Aluminum Warehousing Antitrust Litigation (Direct Purchaser Plaintiffs), Index No. No. 14-cv-3116-PAE (S.D.N.Y.), United States District Judge Paul A. Engelmayer had recently denied class certification. (See post here.) In this post, we will be doing a quick catch-up on last years’ decision on Defendants’ motion for summary judgment against claims brought by the Individual Purchaser (“IPs”) and First Level Purchaser Plaintiffs (“FLPs” and the subsequent briefing of the still-pending appeal. Continue reading Aluminum Warehousing Antitrust Litigation Update

Class Cert Denied in In Re Aluminum Warehousing Antitrust Litigation

Class Cert Denied in In Re Aluminum Warehousing Antitrust Litigation

Well, dear readers, this post is going to be a bit outside the usual realm for the Manipulation Monitor. But, in light of my colleague John Whelan’s recent post on the class action settlement in In Re: Libor-Based Financial Instruments Antitrust Litigation, 11-MD-02262 (“In re Libor“), I thought it might be fun to provide a bit of color (or colour) on a related LIBOR action currently proceeding in the Chancery Division of the High Court of Justice of England and Wales. Continue reading Class Cert Denied in In Re Aluminum Warehousing Antitrust Litigation