Standard Fire Will Uniquely Impact Antitrust Class Actions

Law360, New York (April 3, 2013, 12:08 PM EDT) -- On March 19, 2013, the U.S. Supreme Court held in Standard Fire Ins. Co. v. Knowles that named plaintiffs in class actions could not, before class certification, avoid going to federal court by stipulating to a cap on damages. Although Standard Fire was not an antitrust case, the decision will uniquely impact antitrust class action cases because the removal of state law claims to federal court for coordinated proceedings in a single court is critical to an antitrust defendant’s ability to avoid duplicative damage awards and...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.