Court Sticks To Ruling In Real Estate Listing Suit

Law360, New York (October 10, 2007, 12:00 AM EDT) -- The judge in database system BrokersNYC’s suit against the Real Estate Board of New York and member brokerages on Tuesday shot down the bid for reconsideration that the defendants had made in their effort to get the suit’s last Sherman Act claim jettisoned.

The suit accused the board and dozens of its members of tying membership to the use of a certain listing system, defendant RealPlus' ROLEX, which offered services similar to the plaintiff's. In making the use of ROLEX a prerequisite for membership, the Real...
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.