11th Circ. Says Atlanticus Can't Relitigate Antitrust Claims

Law360, New York (October 28, 2013, 6:43 PM EDT) -- The Eleventh Circuit on Monday ended an attempt by credit provider Atlanticus Holdings Corp. to bring antitrust counterclaims in a suit brought by 21 hedge funds seeking to collect a debt, ruling the issue had been sufficiently litigated in a parallel lawsuit.

In a unanimous opinion, the three-judge panel made clear that the antitrust claims Atlanticus was seeking were identical to its complaint in a separate lawsuit against the same group of hedge funds.

“When the other lawsuit was pending before the en banc court, Atlanticus...
To view the full article, register now.




Case Information

Case Title

Akanthos Capital Mangement, et al v. Atlanticus Holdings Corp

Case Number



Appellate - 11th Circuit

Nature of Suit

4190 Other Contract Actions

Date Filed

June 29, 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.