Alerts8.25.20
Notes from the Fifth Circuit: Is Light Shining More Favorably on Big Antitrust Judgments?
Highlights
According to a recent decision out of the U.S. Court of Appeals for the Fifth Circuit, U.S. antitrust law reaches conduct taking place abroad
Large damages awards based on expert testimony may stand, as this case concluded
A company unable to pay a large judgment may have to turn itself over to the prevailing party
After the mid-1990s, there was a growing sense amongst the antitrust bar that the Texas Supreme Court and the U.S. Court of Appeals for the Fifth Circuit had become hostile to antitrust cases. Accordingly, many plaintiffs and their counsel with options to sue elsewhere did exactly that.
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