Simon Property Must Face Antitrust Suit Over Mall Leases

Law360, New York (August 10, 2012, 5:10 PM EDT) -- Indianapolis-based Simon Property Group Inc.'s attempt to dismiss competitor Gumwood HP Shopping Partners LP's suit alleging interference with key retailers' lease agreements hit a roadblock Wednesday, when a federal judge found that Gumwood had sufficiently pled antitrust claims.

In November, Simon sought to dismiss Gumwood's allegations that the mall giant had monopolized a particular market by convincing two tenants to break their leases at Gumwood's Heritage Square shopping center in Mishawaka, Ind.

Simon had argued that Gumwood failed to allege violations meriting monopolization or restraint of...
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