11th Circuit Will Rehear En Banc Antitrust Case Against Hedge Funds

11th Circuit Will Rehear En Banc Antitrust Case Against Hedge Funds

ATLANTA - The 11th Circuit U.S. Court of Appeals on April 16 agreed to rehear en banc its ruling that hedge funds that purchased promissory notes from CompuCredit Holdings Corp. did not violate federal antitrust law by making a collective demand on CompuCredit to pay above-market prices to redeem its notes early (CompuCredit Holdings Corporation v. Akanthos Capital Management, LLC, et al.,  No. 11-13254, 11th Cir.).

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