Antitrust Case Against Banco Popular Tossed

Law360, New York (November 4, 2008, 12:00 AM EST) -- Three months before the case was scheduled for trial, a federal judge has dismissed a $45 million lawsuit filed against Banco Popular de Puerto Rico, Puerto Rico's largest banking institution, by a ticketing service company that alleged the bank violated federal banking and antitrust laws by trying to monopolize the entertainment ticket industry.

In a ruling handed down Oct. 31 in the U.S. District Court for the District of Puerto Rico, Judge Bruce McGiverin granted Banco Popular's motion for summary judgment, ruling that Ticket Center Inc....
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