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Daily Archives: Wednesday, August 12, 2020

Posted: August 12, 2020

SSA Bond Litigation Update: Remaining Claims Dismissed

This is the latest in a series of posts about In re SSA Bonds Antitrust Litig., 16-cv-3711 (ER). Background As previously reported, the central allegation of the action is that dealers in the secondary market for SSA (“supranational, sub-sovereign, and agency”) bonds colluded to reduce competition and to manipulate bond prices. The defendants include(d) many... Read more »

Posted: August 12, 2020

Plaintiff May Recover in Quasi-Contract From a Stranger to the Contract in the Interest of Justice

On July 30, 2020, Justice Ostrager of the New York County Commercial Division issued a decision in Matthews v. Symbion Power LLC, 2020 NY Slip Op. 20189, holding that a plaintiff may recover in quasi-contract from a stranger to a contract in the interest of justice, explaining: While generally a plaintiff may not recover in... Read more »