Judge Exits $1.2B 'Pink Slime' Defamation Case

Law360, New York (November 20, 2012, 7:01 PM EST) -- A South Dakota federal judge recused himself Monday from a $1.2 billion defamation suit against American Broadcasting Cos. Inc. and journalist Diane Sawyer over news coverage of the beef trimmings product referred to by critics as “pink slime,” citing an undisclosed potential conflict of interest.

U.S. District Judge Lawrence L. Piersol stepped aside from his duties overseeing the case after at least one of the parties involved in the litigation refused to agree to waive the potential conflict, according to court documents. The case was transferred...
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.