March 27, 2007
Credit Suisse First Boston Ltd. v. Billing Case Argued Today
Posted by Christine Hurt

The antitrust IPO case, Credit Suisse First Boston Ltd. v. Billing, was argued in front of the Supreme Court this morning.  The transcript is here.  According to the Houston Chronicle, the justices seemed skeptical that securities laws should not preempt antitrust laws in this arena.  (The district court had held that the securities laws did preempt antitrust laws, but the Second Circuit had reversed.)  I guess we'll have to read and decide for ourselves.

C

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