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AstraZeneca Pharmaceuticals LP v. Mosaic Health, Inc. vs. Fairfield Sentry Ltd., et al., Petitioners v. Citibank NA London, et al. vs. Nexstar Media Group, Inc. v. DirecTV, LLC

Business and Regulation cases on the Supreme Court docket, side by side.

No. 25-1070No. 25-1089No. 25-1243

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AstraZeneca Pharmaceuticals LP v. Mosaic Health, Inc. vs. Fairfield Sentry Ltd., et al., Petitioners v. Citibank NA London, et al. vs. Nexstar Media Group, Inc. v. DirecTV, LLC, compared fact by fact
FactAstraZeneca Pharmaceuticals LP v. Mosaic Health, Inc.Fairfield Sentry Ltd., et al., Petitioners v. Citibank NA London, et al.Nexstar Media Group, Inc. v. DirecTV, LLC
DocketAstraZeneca Pharmaceuticals LP v. Mosaic Health, Inc.25-1070Fairfield Sentry Ltd., et al., Petitioners v. Citibank NA London, et al.25-1089Nexstar Media Group, Inc. v. DirecTV, LLC25-1243
StatusAstraZeneca Pharmaceuticals LP v. Mosaic Health, Inc.Before ArgumentsFairfield Sentry Ltd., et al., Petitioners v. Citibank NA London, et al.Before ArgumentsNexstar Media Group, Inc. v. DirecTV, LLCBefore Arguments
DateAstraZeneca Pharmaceuticals LP v. Mosaic Health, Inc.October Term 2025 (2025–2026)Fairfield Sentry Ltd., et al., Petitioners v. Citibank NA London, et al.October Term 2025 (2025–2026)Nexstar Media Group, Inc. v. DirecTV, LLCOctober Term 2025 (2025–2026)
Question presentedAstraZeneca Pharmaceuticals LP v. Mosaic Health, Inc.1. Whether Illinois Brick Co. v. Illinois, 431 U.S. 720 (1977), which bars antitrust claims by indirect purchasers and sellers, applies to a claim of “lost profit” damages based on indirect purchases or sales that were not made due to the alleged conspiracy? 2. Whether the allegation that businesses had an “opportunity to conspire,” such as through joint lobbying and participation in a trade association, plausibly suggests an antitrust conspiracy?Fairfield Sentry Ltd., et al., Petitioners v. Citibank NA London, et al.1. Whether applying 11 U.S.C. 561(d), which instructs that provisions of the Bankruptcy Code relating to securities contracts apply in a Chapter 15 cross-border insolvency case as in a domestic bankruptcy in an American court is consistent with the presumption against extraterritoriality? 2. Whether the safe harbor for securities-related transfers under 11 U.S.C. 546(e), when applied through Section 561(d), bars foreign common-law claims seeking to undo securities-related transfers?Nexstar Media Group, Inc. v. DirecTV, LLCWhether a plaintiff has antitrust standing to recover purported downstream losses flowing from its decision not to purchase an allegedly price-fixed product?
SummaryAstraZeneca Pharmaceuticals LP v. Mosaic Health, Inc.AstraZeneca, Eli Lilly, Novo Nordisk, and Sanofi ask the Supreme Court to review a Second Circuit antitrust case brought by health-care providers. The dispute concerns whether the providers may seek lost-profit damages tied to purchases or sales they say did not occur because of an alleged drug-pricing conspiracy, and whether allegations of joint lobbying and trade-association participation plausibly show an agreement to conspire.Fairfield Sentry Ltd., et al., Petitioners v. Citibank NA London, et al.Foreign liquidators for investment funds affected by Bernard Madoff’s fraud seek to use Chapter 15 bankruptcy proceedings to pursue claims under foreign law against Citibank and other financial institutions. They ask the Court to review the Second Circuit’s ruling that the Bankruptcy Code’s securities-transaction safe harbor bars those claims.Nexstar Media Group, Inc. v. DirecTV, LLCNexstar Media Group asks the Supreme Court to review a Second Circuit ruling that allowed DirecTV to seek antitrust damages for claimed lost downstream revenue after it chose not to buy allegedly price-fixed television programming. The case concerns whether a business that did not purchase the allegedly overpriced product can nevertheless show the direct, non-speculative injury required for antitrust standing.

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