Louis Dreyfus Rips Ruling In Cotton Futures Antitrust Case

Law360, New York (January 6, 2014, 2:23 PM EST) -- Louis Dreyfus Commodities BV on Friday again sought to escape a class action accusing it of inflating cotton prices and manipulating the cotton futures market, arguing that a New York federal court's order keeping the suit alive was based on faulty reasoning.

The company flagged a number of deficiencies in the Dec. 20 ruling from U.S. District Judge Andrew L. Carter Jr., including that he had wrongly shifted the pleading burden with regard to the business structure of Louis Dreyfus to the company itself as opposed...
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