Over at the Antitrust Attorney Blog, Jarod Bona analyzes the U.S. Supreme Court’s recent decision in Gelboim v. Bank of America. The skinny version: when a case is caught up in multi-district litigation, it retains its identity as an individual case. Meaning that a final judgment as to that case is no less final or appealable because of the MDL.
This holding is not surprising. To me, what’s surprising is that the U.S. Second Circuit saw it differently.