Reddy, Arctic Fail To Melt Packaged Ice Antitrust MDL

Law360, New York (July 6, 2010, 12:18 PM EDT) -- A federal judge has refused to toss a putative class action brought by direct purchasers in a multidistrict litigation accusing Reddy Ice Corp. and Arctic Glacier Inc. of dividing the packaged ice market, saying the claims pass muster even under the heightened pleading standards of Iqbal and Twombly.

Judge Paul D. Borman of the U.S. District Court for the Eastern District of Michigan denied dismissal motions from both defendants Thursday, rejecting their contention that evidence introduced by the plaintiffs fell short of demonstrating a nationwide scheme...
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.