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Class Action Against AWB Dismissed

On March 25, 2008, the United States District Court for the Southern District of New York granted Cravath’s motion to dismiss a consolidated putative class action filed by a group of U.S. wheat farmers against AWB Limited and AWB (U.S.A.) Limited, corporate successors to the Australian Wheat Board. Plaintiffs claimed to have been damaged as a result of alleged unlawful monopolization by AWB of the sale of wheat to Iraq through an alleged bribery and money laundering conspiracy in connection with the U.N.-Iraq Oil-for-Food Programme. Judge Gerard Lynch dismissed plaintiffs’ claims under the Sherman and Clayton Acts for lack of subject matter jurisdiction, their Robinson-Patman Act claim for lack of antitrust standing and their RICO claims for lack of subject matter jurisdiction.

The AWB team includes partners Robert H. Baron and Timothy G. Cameron and associates Daniel P. Roeser, Katherine A. Deringer, Natasha S. Guinan, Michael N. Kennedy and Martin J. Crisp. The case is Boyd v. AWB Limited, et al., No. 1:07-cv-03007-GEL, 2008 WL 793633 (S.D.N.Y., Mar. 25, 2008).