Damages Actions

Retailers drop UK MasterCard case

Six retailers have chosen not to appeal against a trial court ruling earlier this year that rejected their pursuit of damages from MasterCard over its multilateral interchange fees.

Law firm and funder seek interchange claimants

Deutsche Bahn suffers setback in MasterCard interchange claim

Qualcomm: Apple is no victim

Libor judge bashes plaintiffs’ “rather extraordinary motions”

A Manhattan federal judge last week dismissed several requests made by plaintiffs pursuing damages for Libor manipulation, but did allow them to add new allegations to support their claim of a relationship between the benchmark and a derivative.

Midway between New York and DC: The Tipline for 24 April 2017

We’re reporting from the Delaware federal courthouse in downtown Wilmington this morning, as the Department of Justice faces off against the top-flight litigators hired to defend the merger of two companies that dispose of radioactive waste. Watch for coverage of opening statements in the GCR briefing this afternoon. In other news, Libor plaintiffs have been grudgingly granted one point on which to re-plead; Becton Dickinson is buying Bard but could have an old opponent reviewing the deal; and third-party presidential candidates are still arguing that their exclusion from debates is an antitrust problem.

Can follow-on claims survive without litigation finance?

Craig Arnott is a managing director of Burford Capital, a publicly traded litigation funding firm. Here, he considers the role of litigation funding on the European follow-on damages scene.

Courts may dodge binding enforcement decisions

Two antitrust litigators said yesterday that EU member state judges could find ways to avoid provisions in the EU’s Damages Directive that are designed to make competition agencies’ decisions binding on courts. Tom Webb at GCR Live Cartels

Hausfeld gets a GRIP on Google lawsuits

Plaintiff’s side law firm Hausfeld has teamed up with a public affairs consultancy to set up the Google Redress & Integrity Platform (GRIP), which aims to attract potential clients seeking redress against the technology company over its allegedly anti-competitive practices.


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