Environmental & Energy,
Civil Litigation,
Antitrust & Trade Reg.
Sep. 3, 2021
Judge likely to dismiss South Korean gas firm from antitrust class action
U.S. Magistrate Judge Jacqueline S. Corley indicated she will likely dismiss SK Trading International Co. Ltd. from the class action because it was not sufficiently involved in the operations of its subsidiary that allegedly engaged in the conspiracy.
A federal magistrate on Thursday sharply challenged arguments that a multinational gasoline trading firm based in South Korea must face claims in California that it engaged in a scheme violating U.S. antitrust law to inflate prices at the pump.
U.S. Magistrate Judge Jacqueline S. Corley indicated she will likely dismiss SK Trading International Co. Ltd. from the class action...
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