3rd Circ. Revives Suit Against UPMC, Highmark

Law360, New York (November 30, 2010, 7:11 PM EST) -- A federal appeals court has breathed new life into a lawsuit in which West Penn Allegheny Health System Inc. accused the University of Pittsburgh Medical Center and health insurer Highmark Inc. of violating the Sherman Act by forming a conspiracy to protect one another from competition.

A three-judge panel of the U.S. Court of Appeals for the Third Circuit handed down a 44-page precedential opinion on Monday reversing a district court decision to throw out West Penn's Sherman Act claims.

The appeals court also vacated the...
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.