CBOT moves to dismiss Eurex lawsuit
05 Nov 2003, Solomon Teague, Risk magazine
The original lawsuit, details of which were covered in RiskNews
' sister publication Trading Technology Week
on October 20, specifically claimed shareholders of The Clearing Corp (TCC) were offered money to vote against a reorganisation sought by Eurex. This reorganisation would have facilitated a greater cooperation and degree of control of the TCC by Eurex.
CBOT’s filing claims that Eurex has failed to state an adequate cause or provide factual support for its allegations.