Royal Dutch Shell Plc  .com Rotating Header Image

Shell Says Traders’ Antitrust Claims Not Aided By Rulings

screen-shot-2016-11-03-at-12-29-06

screen-shot-2016-10-20-at-23-00-27Shell Says Traders’ Antitrust Claims Not Aided By Rulings

By Christine Powell: 2 November 2016

Law360, New York (November 2, 2016, 8:35 PM EDT) —

Two Royal Dutch Shell PLC affiliates accused of market manipulation told a New York federal court on Tuesday that rulings recently cited by derivatives traders do not actually aid them in defending their antitrust claims against dismissal.

Two Royal Dutch Shell PLC affiliates accused of market manipulation told a New York federal court on Tuesday that rulings recently cited by derivatives traders do not actually aid them in defending their antitrust claims against dismissal.

The Shell companies — two defendants in multidistrict litigation alleging various oil companies manipulated the price of North Sea Brent crude oil and Brent crude oil futures — responded to a letter filed last month by the derivatives traders that pointed to two decisions by U.S. District Judge Valerie…

FULL ARTICLE (SUBJECT TO SUBSCRIPTION)

Comments are closed.

%d bloggers like this: