Time, Others Warn Supreme Court Of Twiqbal Threat

Law360, New York (October 12, 2012, 4:00 PM EDT) -- Magazine publishers including Time Inc. asked the U.S. Supreme Court on Tuesday to overturn an appeals court ruling that kept alive a bankrupt wholesaler’s antitrust suit, arguing the decision threatens to unravel tougher pleading standards in the landmark Twombly and Iqbal cases.

The publishing companies said in a petition that the Supreme Court should hear the case, which alleges they hatched an illegal plan to drive Anderson News LLC out of business. The suit was dismissed by a New York federal judge in 2010, but the...
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