Dismissed ferrosilicon lawsuit over price fixing gets a new life
Nov 30, 2010 | 12:35 PM
| Thorsten Schier
A previously dismissed lawsuit involving a price-fixing scandal in the ferrosilicon industry has regained momentum, with the two sides clashing since the plaintiffs filed an appeal
U.S. District Judge Rosemary M. Collyer had dismissed the case in March, ruling that the defendants—Applied Industrial Materials Corp., Elkem Metals Inc., Elkem AS, CC Metals & Alloys LLC and Evonik Degussa GmbH—couldn't be prosecuted in the District of Columbia as none of them had significant operations there.
The case was brought by Brazilian ferrosilicon companies Cia. Brasileira Carbureto de Calcio (CBCC), Cia. Ferroligas Minas Gerais-Minasligas and Cia. de Ferro Ligas da Bahia (Ferbasa).
However, the plaintiffs claim that the involvement of the U.S. International Trade Commission (ITC) in Washington, D.C.—a central player in the lawsuit— made it the only court for the trial. Alternatively, the plaintiffs have requested the trial be moved to a more appropriate venue.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.