Court of Appeals Provides Essential Reading for Donnelly Act Counsel
New York Law Journal
April 27, 2012
The article reviews the Global Reinsurance Corp v. Equitas Ltd. decision. It set forth the case facts, which involved reinsurance for reinsurers and explains the plaintiff's antitrust claim under the Donnelly Act, General Business Law section 340. The author reviews the procedural history and analyzes the substantive arguments involving allegations of the anticompetitive effect on the market and the extraterritorial application of the Act. The article concludes with how the case may affect plaintiffs and defendants in evaluating Donnelly Act pleadings.