Anheuser-Busch Sues Ill. Regulator Over Blocked Deal

Law360, New York (March 11, 2010, 7:14 PM EST) -- Anheuser-Busch Cos. Inc. has slapped the Illinois Liquor Control Commission with a suit accusing the regulator of hindering its ability to compete with in-state beer producers by enforcing an act that prohibits the brewer from buying a local alcoholic beverage distributor.

The beer giant claims that the Illinois Liquor Control Act of 1934 — which blocks Anheuser-Busch from executing a proposed deal to acquire City Beverage LLC by making it illegal for a “nonresident dealer” to also operate as a distributor in the state — unconstitutionally...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.