Supply Chain Council of European Union | Scceu.org
Distribution

Pork Antitrust Attorneys Get $34 Million From Price-Fixing Deals

July 25, 2022, 4:31 PM

Counsel for the pork wholesalers leading antitrust litigation over an alleged industrywide price-fixing scheme took home $34 million in legal fees after winning the approval of a federal judge in Minneapolis for settlements worth $102 million with JBS SA and Smithfield Foods Inc.

Judge John R. Tunheim granted the fee award July 22, noting that the $77 million agreement with Smithfield and $24.5 million deal with JBS “are coupled with meaningful cooperation” against the meatpackers still facing the case in the US District Court for the District of Minnesota.

In addition to Smithfield and JBS, the consolidated lawsuit targets affiliates …

Related posts

The Book Wholesaling World Is Consolidating Too

scceu

DC Distribution Networks Market in China to record USD 1.13 Bn growth | Telecom segment to generate maximum revenue

scceu

Interregional Distribution Grid Company of South (MCX:MRKY) Seems To Be Using An Awful Lot Of Debt – Simply Wall St News

scceu