'Fly' Wins Stay Of Financial Publishing Restrictions

Law360, New York (May 20, 2010, 10:52 AM EDT) -- With an appeals court stay in hand, financial news website theflyonthewall.com will be able to provide its newsfeed to subscribers free from the restraints imposed by a district judge in March at the request of Barclays Capital Inc., Merrill Lynch & Co. Inc. and Morgan Stanley & Co. Inc.

The U.S. Court of Appeals for the Second Circuit on Wednesday issued two orders granting the stay and expediting a hearing on the dispute between the website and the banks, which accused Fly of immediately republishing their...
To view the full article, register now.