Steel Co. Seeks High Court Review Of Nucor Antitrust Suit

Law360, Washington (December 20, 2013, 7:25 PM ET) -- Gulf States Reorganization Group Inc. on Dec. 12 asked the U.S. Supreme Court to revive its antitrust case accusing Nucor Corp. of violating antitrust laws by arranging the purchase of a GSRG acquisition target in a bankruptcy auction, saying the lower courts had used the wrong standard in siding with Nucor.

GSRG says the lower courts erred in finding that its case depended on rebutting the business justification defense put forth by steel mill broker Casey Equipment Co., which had agreed to form a limited liability...
To view the full article, register now.