Bankrupt Domfoam Settles Claims In Foam Antitrust MDL

Law360, New York (March 7, 2012, 7:26 PM EST) -- Direct purchasers accusing Domfoam International Inc. of participating in a price-fixing conspiracy agreed Wednesday to drop their claims against the bankrupt company in exchange for its cooperation against the remaining defendants in multidistrict litigation targeting polyurethane foam makers.

Representatives for a proposed class of direct purchasers filed a motion urging an Ohio federal judge to preliminarily approve a voluntary dismissal and settlement agreement that requires Domfoam and its affiliates A-Z Sponge and Foam Products Ltd. and Valle Foam Industries to provide cooperation that will assist the...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

In re: Polyurethane Foam Antitrust Litigation


Case Number

1:10-md-02196

Court

Ohio Northern

Nature of Suit

Anti-Trust

Judge

Jack Zouhary (MDL2196)

Date Filed

December 2, 2010

Law Firms

Government Agencies

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.