A federal judge in Chicago has ruled that food distribution giant Sysco can transfer its claims in a significant chicken price-fixing lawsuit to Burford Capital, the outside funder that financed the litigation. This decision allows Sysco to withdraw as the plaintiff, enabling a Burford subsidiary to continue the antitrust litigation. The ruling came after chicken producers challenged the move to block Burford Capital from being named as the plaintiff. In a related development, the Supreme Court has declined to hear McDonald's appeal of a lower court ruling, requiring the fast food company to face a class action alleging antitrust law violations.
Litigation funder Burford wins bid to take over Sysco chicken antitrust cases https://t.co/wukjKCnPti https://t.co/7cdLK1nGUk
The Supreme Court’s refusal this week to take up #McDonald’s appeal of a lower court ruling means the fast food giant will have to face a class action that alleges the company violated #antitrust laws. https://t.co/CbLfecIcdx
A federal judge in an order granted a request from food distribution giant Sysco and Burford, which had financed the company’s antitrust claims, to let Sysco withdraw as the plaintiff and allow a Burford subsidiary carry on an antitrust litigation https://t.co/xGppM7SffS https://t.co/JCPdPZhwBa
Litigation funder Burford Capital can be named as the plaintiff in lawsuits brought by its financing client Sysco, a federal judge in Chicago has ruled, rejecting a challenge from chicken producers to block the move https://t.co/xGppM7RHqk https://t.co/ftPGWLi1Ob
Sysco can hand off its claims in a massive chicken price-fixing lawsuit to the outside funder that staked the litigation, a federal judge ruled. https://t.co/cqd4vcgjSt