Top UK Court Clears Up Deadline For Cartel Damages Claims

Law360, New York (October 24, 2012, 7:45 PM EDT) -- The U.K. Supreme Court refused Wednesday to revive a damages suit against BASF PLC over its role in an international vitamins cartel, a ruling attorneys say clarifies how long plaintiffs can wait to seek compensation for antitrust violations.

The justices rejected plaintiff BCL Old Co. Ltd.'s claims that the U.K.'s statute of limitations for follow-on damages actions was unclear, upholding a lower appeals court's decision tossing the case. The court also resolved a key question of when exactly the clock started ticking for BCL to lodge...
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