Korean Co.'s Antitrust Suit Against Flexsys Tossed

Law360, New York (December 8, 2008, 12:00 AM EST) -- Korea Kumho Petrochemical Co. Ltd. has lost its bid to pursue antitrust claims that Solutia Inc. subsidiary Flexsys America LP tried to keep the company out of the U.S. market for rubber and plastics, with a district judge dismissing the suit for the third time.

In an order issued Thursday, Judge Maxine M. Chesney of the U.S. District Court for the Northern District of California shot down Korea Kumho's fifth attempt to allege a “cognizable” antitrust claim, and declined supplemental jurisdiction over the suit's state law...
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