It seems that defrocked sightholder W.B. David’s 7-year-old case against De Beers may not yet be over.
On Oct. 31, Angela Tese-Milner, trustee of the estate of now-bankrupt W.B. David & Co., filed an appeal to the ruling by a federal court judge tossing the case out of court [2].
On Sept. 29, judge Kimba Wood ruled the case’s anti-trust issues were covered in the $300 million class action settlement against De Beers, while some of the original allegations fall outside the statute of limitations. (Update on the De Beers antitrust settlement [3].)
The appeal asks the court to reconsider whether the court erred in those judgments, as well as its decision to vacate De Beers’ original default in the case.
Links:
[1] http://www.jckonline.com/2011/11/21/wb-david-case-against-de-beers-appealed#disqus_thread
[2] http://www.jckonline.com/2011/10/06/axed-sightholder-wb-davids-suit-against-de-beers-dismissed
[3] http://www.jckonline.com/blogs/cutting-remarks/2011/09/09/update-on-de-beers-class-action-settlement
[4] http://jckonline.disqus.com/?url=http%3A%2F%2Fwww.jckonline.com%2Fnode%2F26786