UCAR International, Inc. v. Union Carbide Corporation (U.S. District Court for the Southern District of New York)

After pleading guilty and paying over $300 million in criminal fines and civil settlements arising from its role in a worldwide conspiracy to fix the price of graphite electrodes, UCAR International sued its two former corporate owners, including our client, a chemical company, seeking to recover more than $750 million in damages resulting from a purportedly unlawful recapitalization of UCAR stock. The U.S. District Court for the Southern District of New York granted our client's motion to disqualify UCAR’s counsel, who had previously counseled our client, and subsequently granted our client's motion to dismiss the case in its entirety.  The District Court’s orders were upheld on appeal by the Second Circuit.