A Chicago federal appeals panel has upheld a lower court ruling that boarded up a class action antitrust suit against two containerboard companies, which alleged they conspired to fix prices. Judges again found the companies were not colluding, but rather making parallel moves in reaction to the market.
Kadant Johnson LLC, a subsidiary of Kadant Inc., completed the acquisition of certain assets of Ohio-based Steam Systems, Inc., a provider of installation, repair, and technical services to the U.S. paper industry.
Fortress Global Enterprises Inc. has entered, through its wholly owned subsidiary, Fortress Advanced Bioproducts Inc. ("Fortress AB"), into a Technology License and Collaboration Agreement with Mondelēz International, Inc., one of the world's largest snacking companies.
The Supreme Court on Monday declined to hear an appeal from a lower court ruling that allows a customer to sue the manufacture of flushable wipes over false advertising.
