Appeals Court Revives Antitrust Case V. Quixtar

Law360, New York (March 17, 2009, 12:00 AM EDT) -- A Texas state court judge erred when he dismissed a lawsuit Signature Management Team LLC brought alleging Alticor Inc. unit Quixtar Inc. used its power over the individual contractors that sell its products to stifle the plaintiff's business, an appeals court has ruled.

The Court of Appeals for Texas' Fifth District in Dallas handed down an opinion on Friday reversing the trial court's judgment dismissing the lawsuit and remanded that case for further proceedings.

Signature Management Team (d/b/a Team) originally sued Michigan-based Quixtar, identified in the...
To view the full article, register now.

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.