Federal Court Dismisses Antitrust Suit Targeting Catskills Racing and Gaming
The United States District Court for the Southern District of New York dismissed with prejudice antitrust claims against Entertainment Properties Trust, EPT Concord, LLC, and EPT Concord II, LLC (collectively, “EPR”) and other defendants. In Concord Associates, L.P. v. Entertainment Properties Trust, 12 Civ. 1667 (S.D.N.Y.), plaintiffs Concord Associates, L.P. and affiliates alleged, among other things, that EPR and others had conspired to monopolize the racing and gaming market in the Catskills, and sought $500 million in damages (trebled to $1.5 billion under antitrust law), punitive damages, and injunctive relief. Morrison Cohen represented EPR.
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