Law360, New York (September 20, 2016, 6:38 PM EDT) -- The Second Circuit on Tuesday vacated a $147 million district court judgment against two Chinese companies some 10 years after they were accused of fixing the price of vitamin C, a decision that one expert called the most important ruling in the area of international comity in decades.
The Second Circuit's decision provides much-needed guidance and a 21st century framework for district courts to decide when to wade in when the laws of two nations are in conflict, according to one attorney. (Law360) The three-judge panel heard an unprecedented appeal from the Chinese Ministry of Commerce, one of the Chinese agencies...
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