KeySpan Pact Highlights DOJ's Creative Thinking

Law360, New York (February 4, 2011, 8:01 PM EST) -- The $12 million profit disgorgement settlement between KeySpan Corp. and the U.S. Department of Justice is unlikely to trigger a rash of similar agreements, but it does demonstrate the agency's increasing willingness to employ creative methods to punish companies who violate federal antitrust laws, attorneys say.

Judge William H. Pauley III of the U.S. District Court for the Southern District of New York on Wednesday gave the green light to the antitrust settlement, which marks the DOJ's first-ever pursuit of disgorgement as a remedy for a...
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