Marine Link
Tuesday, December 6, 2016

Stolt-Nielsen Seeks Supreme Court Review

July 14, 2006

The AP has reported that Stolt-Nielsen will seek a Supreme Court review of a federal appeals court reversal of a decision that would allow the company to be prosecuted for antitrust activity. Previously, Stolt-Nielsen cooperated with the government in criminal antitrust prosecutions of the international carrier industry. The Department of Justice kicked Stolt-Nielsen out of the government's corporate leniency program for allegedly continuing illegal anticompetitive activity longer than it acknowledged. In January 2005, a district court judge issued an injunction stopping the Department of Justice from prosecuting Stolt-Nielsen. However, in March, a federal appeals court reversed the injunction. Earlier this month, the U.S. Court of Appeals for the Third Circuit let the reversal stand, allowing the Justice Department to prosecute the company. Stolt-Nielsen is now seeking a Supreme Court review of the March decision. Source: AP


 
Maritime Reporter Magazine Cover Nov 2016 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News