Dow Loses Bid To Halt UK Rubber Cartel Damages Suit

Law360, New York (July 27, 2010, 4:55 PM EDT) -- A U.K. appeals court has ruled that a group of tire manufacturers' damages suit against The Dow Chemical Co. and other chemical companies over an alleged synthetic rubber cartel can go forward in Great Britain, despite an earlier declaratory action filed in Italy.

The U.K. Court of Appeal upheld on Friday a lower court's ruling refusing to stay Cooper Tire & Rubber Co. Europe Ltd.'s suit over losses stemming from an alleged cartel that drew €519 million ($674 million) in fines from the European Commission in...
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