Akanthos Capital Mgmt., et al. v. Atlanticus Holdings Corp.

Atlanticus brought an antitrust counterclaim against Akanthos and other hedge funds. Atlanticus' counterclaim was identical to the complaint that Atlanticus brought in another antitrust lawsuit between the same parties. The district court dismissed the complaint in the other lawsuit and the court affirmed. The court concluded that res judicata barred Atlanticus from pursuing the present appeal and denied the noteholders' motion for fees and costs under Federal Rule of Appellate Procedure 38. Accordingly, the court affirmed the dismissal of the antitrust counterclaim, denied the noteholders' motion to dismiss the appeal as moot, and denied the noteholders' motion for fees and costs. View "Akanthos Capital Mgmt., et al. v. Atlanticus Holdings Corp." on Justia Law