Barry Barnett, who either attended the Third Circuit's en banc oral argument on Feb. 23 or listened to the recording (large .wma file), provides a detailed report on his blog, Blawgletter.
This case involves a nationwide settlement of price-fixing claims against the diamond industry. Sullivan v. DB Investments, Inc., no. 08-2784 (3d Cir.). The original three-judge panel reversed the final approval order. Barry prognosticates that the en banc panel will affirm the final approval order, but may remand for some modifications to the plan of allocation.
Thank you for the reference to the detailed report, which I did read on Blawgletter. Price fixing in the diamond industry is finally getting the full attention it deserves, whether you agree with the oral argument or not.
Posted by: Kim | Wednesday, March 09, 2011 at 05:50 PM