Boy howdy.  This Supreme Court just can't get enough antitrust.  Yesterday, it granted review of yet another Sherman Act decision — one that Blawgletter deemed "silly". 

As we summarized at the time, the Seventh Circuit "held that a professional sports organization enjoys antitrust immunity when its members jointly strive to exploit intellectual property that the league's very existence

 Champagne Region
The Champagne wine region, en rouge.

Champagne, Blawgletter hears, comes only from France.  Nor may it hail from just any old spot within the domain of MarianneNon!  Absolument pas!  It must originate from — certainement! – either of two splotches in the northeast.

Which may help explain why the Gallic maker of

The Judicial Panel on Multidistrict Litigation has issued 24 25 Transfer Orders from its two-day session last month in Louisville, Kentucky. 

District courts with "Southern" in their names triumphed, getting 10 of the 24 25 MDL matters.

By transferee district, here you go:

Northern District of California

MDL No. 2040, In re ConocoPhillips Co. Service

Richard Scrushy 
Richard Marin Scrushy, before the fall.

In March 2003, HealthSouth Corporation admitted that it overstated its assets and inflated its profits.  Securities fraud cases ensued.  In 2006, HealthSouth and its insurers settled for $445 million.  The district court okayed the deal, which not only released the settling defendants but also barred ex-CEO Richard Scrushy

The Washington Post today posted a "near-final" draft of a white paper on how to "build a new foundation for financial regulation and supervision".  The 85-page summary suggests:

  • A new Financial Services Oversight Council
  • A new National Bank Supervisor
  • A new Consumer Financial Protection Agency
  • New powers for the Federal Reserve and Securities and Exchange

The arbitration clause applied to "any controversy or claim arising out of or relating to payments" by Medco Health Solutions to Chelsea Family Pharmacy.  

Chelsea sued Medco under a state statute, for breach of contract, and for unfair business practices. 

Chelsea alleged harm from Medco's failure to reimburse Chelsea enough for its services and from Medco's enforcement of a contract provision that limits