March 10, 2020
A California federal judge has hit a Chinese telescope maker with sanctions, finding that the company acted in bad faith by declaring that it would not transfer its U.S. assets to China to avoid a $50.4 million judgment after losing an antitrust jury trial.
March 06, 2020
Counsel for an American telescope maker who won an antitrust suit against its Chinese rival told a California federal judge Friday it's "disturbing" that Sheppard Mullin entered a securities agreement with the rival's subsidiary before representing it in the trial, arguing that the bankrupt unit will pay the firm before his client's $50 million award.
February 21, 2020
A Chinese telescope maker should be required to keep dealing with its rivals on good terms after it was hit with nearly $50 million in damages for conspiring against them to divvy up the U.S. market, one of those competitors told a California federal court.
January 31, 2020
A Chinese telescope maker fighting a rival's $50.4 million antitrust win urged a California federal judge Thursday to reject a bid for nearly $5 million in attorney fees and legal costs, decrying allegations of "dilatory tactics" as smoke and mirrors.
January 03, 2020
A Chinese telescope maker that was ordered to pay $50.4 million to a rival in an antitrust case is gunning to slash the penalty by a quarter, as the manufacturer insisted that a California federal court take into account the rival's previous deal with the telescope maker's co-conspirators worth $12.8 million.
November 26, 2019
A California federal jury on Tuesday found that Chinese telescope seller Ningbo Sunny Electronic Co. Ltd. suppressed competition and conspired to fix the price of consumer telescopes in the U.S. in violation of federal antitrust laws, concluding that it owes $16.8 million in damages to rival Orion Telescopes & Binoculars.
November 21, 2019
A Chinese telescope seller should pay $40.3 million for suppressing competition and for its "complete and total domination" of the telescope market, a California company told a federal jury during closings of an antitrust trial Thursday, while the Chinese seller said there's no evidence it engaged in a price-fixing conspiracy.
September 30, 2019
A federal judge denied a California telescope maker's bid for summary judgment in a $180 million antitrust suit against a Chinese rival, while also tossing two claims accusing the Chinese company of below-cost pricing practices and refusing to do business with it.
April 01, 2019
A Chinese telescope maker wasn't able to escape a California rival's retooled set of antitrust allegations, as a federal judge found in a pun-packed order that new evidence of conspiracy gave the $180 million suit "the fuel that it needed to achieve lift off."