Natural Gas Cos. Pay $1M To End Antitrust Suit Over Leases

Law360, New York (April 22, 2013, 7:13 PM EDT) -- After rejecting a previous smaller agreement, a Colorado federal judge on Monday approved a revised $1 million settlement of an antitrust suit accusing Gunnison Energy Corp. and SG Interests Ltd. of conspiring not to compete with one another for natural gas leases.

U.S. District Judge Richard P. Matsch signed off on the agreement that orders each company to pay $275,000 to the U.S. Department of Justice for unfairly agreeing not to bid against one another for natural gas leases on government land, according to the motion....
To view the full article, register now.



Case Information

Case Title

United States of America v. SG Interests I, Ltd. et al

Case Number




Nature of Suit



Richard P. Matsch

Date Filed

February 15, 2012

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.