Los Angeles partners Dan Woods and Adam Weg obtain big win for client J.G. Boswell Company in a $300 million antitrust case brought by Quinn Emanuel. On October 16, 2015, Tradeline Enterprises Pvt. Ltd. filed a lawsuit against J.G. Boswell Company for alleged violations of Section 1 of the Sherman Act allegedly resulting in approximately $300 million in damages in United States District Court, Central District of California, Case Number 2:15-CV-8048. The Quinn Emanuel firm represented Tradeline.
After the District Court granted Boswell’s motion to compel arbitration in July 2016, the case proceeded to international arbitration before the ICDR, the international arm of the American Arbitration Association. Over the course of more than one year, the parties exchanged thousands of pages of briefing, witness statements, experts reports, and evidence before a three-panel Tribunal.
The arbitration hearing was then held in Toronto, Canada from February 26, 2018 to March 3, 2018. On April 10, 2018, the Tribunal issued a comprehensive, 150-page, final award, which summarily dismissed Tradeline’s $300 million antitrust claim and found entirely in favor of Boswell, including an award for all of its attorney's fees and costs incurred, totaling over $2.1 million and to be paid by Tradeline.
On May 23, 2018, Boswell filed a motion to confirm the arbitration award, and enter judgment against Tradeline in conformity with the arbitration award. On August 2, 2018, the District Court granted the motion by Boswell and entered judgment in conformity with the award.