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CORDOVA & SIMONPIETRI INS. AGENCY INC. v. CHASE MANHATTAN BANK N.A.

No. 80-1350.

649 F.2d 36 (1981)

CORDOVA & SIMONPIETRI INSURANCE AGENCY INC., et al., Plaintiffs, Appellants, v. CHASE MANHATTAN BANK N.A., et al., Defendants, Appellees.

United States Court of Appeals, First Circuit.

Decided May 19, 1981.

Attorney(s) appearing for the Case

Gilberto Mayo Aguayo, Hato Rey, P. R., with whom Cancio, Cuevas & Mayo, Hato Rey, P. R., was on brief, for plaintiffs, appellants.

Jay A. Garcia Gregory, San Juan, P. R., with whom Fiddler, Gonzalez & Rodriguez, San Juan, P. R., was on brief, for defendants, appellees.

Before CAMPBELL, BOWNES and BREYER, Circuit Judges.

BREYER, Circuit Judge.

Plaintiffs brought an antitrust action alleging that defendants entered into an agreement violating sections 1 and 3 of the Sherman Act.1 Section 1 forbids agreements "in restraint of trade or commerce among the several States"; section 3 forbids agreements "in restraint of trade or commerce in any Territory of the United States." The district court dismissed the complaint, holding that plaintiffs did not make sufficient...

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