In re: Aluminum Warehousing: Cats Live for Another Day* On March 26, 2015, U.S. District Judge Katherine Forrest of the Southern District of New York, in a very colorful decision that metaphorically describes the plaintiffs as cats trying to locate a “rat” in the world of aluminum warehousing, denied defendants’ motion to dismiss in In re: Aluminum Warehousing Antitrust Litig. Aluminum is a multi-district litigation in which plaintiffs, a class of direct purchasers of aluminum and a group of other companies that purchase aluminum products, allege that defendants, a group of financial institutions that trade financial instruments tied to metals and operators of warehouses that store metals, conspired to increase their commodities trading profits and warehouse revenues. The defendants
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.