Majority Finds Broker Has Established Antitrust Standing In Partial Reversal
(September 24, 2015, 2:24 PM EDT) -- NEW ORLEANS — A majority of the Fifth Circuit U.S. Court of Appeals held Sept. 23 that an insurance broker that wanted to sell professional liability insurance to veterinarians has established antitrust standing and therefore its state antitrust and tortious interference claims were wrongfully reversed (Sanger Insurance Agency v. HUB International, Limited, et al., No. 14-40854, 5th Cir.; 2015 U.S. App. LEXIS 16863).
(Opinion available. Document #13-151001-001Z.)
The majority, however, affirmed the lower court’s finding that the defendant’s alleged anticompetitive conduct is immune from federal antitrust...