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Williams v. Citigroup Inc.

United States Court of Appeals for the Second Circuit
659 F.3d 208 (2011)


Linda Williams (plaintiff) developed a new structure for issuing Airline Special Facility (ASF) bonds. Citigroup Inc. (defendant) was an underwriter of ASF bonds. Citigroup declined to use Williams’s new structure. Williams brought suit in the United States District Court for the Southern District of New York, alleging that Citigroup and others conspired to block the use of Williams’s new structure in violation of antitrust laws. The district court granted Citigroup’s motion to dismiss on the ground that Williams did not state a plausible claim that Citigroup had violated any federal law. The court entered judgment for Citigroup. Williams filed a post-judgment motion for reargument and reconsideration. Specifically, Williams sought leave to amend her complaint. The district court denied her motion in a brief order stating that a motion for leave to amend a pleading must be filed “in the first instance.” Williams appealed.

Rule of Law


Holding and Reasoning (Per curiam)

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