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Corporate & Securities Law

: Antitrust Commentary

Three Former Marsh Executives Acquitted of Donnelly Act Violations

By Matthew S. Wild

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Joseph Peiser, Greg Doherty and Kathleen Drake, former Marsh executives, were acquitted after an 11-month bench trial before Justice James Yates of violating New York’s antitrust law — the Donnelly Act.  They were acquitted of bid-rigging in connection with the sale of insurance policies.   As you may recall (and discussed in the February 22, 2008 Post), two Marsh executives were convicted of Donnelly Act violations after a 10-month bench trial.  These cases were brought by then New York Attorney General Elliot Spitzer.  Marsh paid $850 million to settle and another Marsh executive pleaded guilty.

Full post as published by Antitrust Commentary on October 26, 2009 (boomark / email).

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