Magazine Publishers' Antitrust Appeal Declined By High Court

Law360, New York (January 7, 2013, 2:30 PM EST) -- The U.S. Supreme Court refused Monday to hear an appeal over bankrupt magazine wholesaler Anderson News LLC's claims that magazine publishers schemed to drive it out of business, forcing the publishers to face antitrust allegations they said didn't pass muster under Iqbal and Twombly.

The high court denied a petition for writ of certiorari in a one-line order Monday, allowing the case to proceed after the Second Circuit reinstated the case in April.

"Anderson News is pleased that the United States Supreme Court rejected defendants' appeal....
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