Ninth Circuit upheld judgment in favor of Optronic Technologies, Inc., finding sufficient evidence that Chinese telescope manufacturer, Ningbo Sunny Electronic conspired with a competitor in U.S. consumer telescope market to allocate customers, fix prices, and monopolize the telescope market in violation of federal antitrust laws
This week, the Ninth Circuit takes a close look at a sizable antitrust jury award, and explains what constitutes a tax "return" for purposes of bankruptcy law.
This week, the Ninth Circuit takes a close look at a sizable antitrust jury award, and explains what constitutes a tax “return” for purposes of bankruptcy law. OPTRONIC.
The Ninth Circuit on Monday mostly left intact a $50 million judgment in favor of Orion Telescopes & Binoculars in its antitrust beef with Ningbo Sunny Electronic Co. Ltd., finding that the California federal court erred only in excluding a declaration Ningbo Sunny filed supporting its bid to change the judgment.