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States Back La. Real Estate Board's Appeal In FTC Action

Law360 (July 12, 2018, 9:27 PM EDT) -- The states of Mississippi, Idaho, Iowa, Rhode Island and Utah urged the Fifth Circuit on Wednesday to allow the Louisiana Real Estate Appraisers Board to appeal the denial of its state-action immunity by the Federal Trade Commission in an antitrust action.

The states said they are not attempting to weigh in directly on either the immunity claim or the underlying issue of whether a board regulation controlling appraisal fees constitutes an unlawful restraint on trade, but instead are seeking to ensure that the state of Louisiana’s...
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