Baker Botts partner Erik Koons, the Philips counsel who argued the motion on February 9, 2016, said of the decision:
“The Court’s decision establishes, as we have maintained since the inception of the suit, that the Philips entities here were miles away from the alleged conduct with the divestiture of the CRT manufacturing and sales assets in 2001.”
“The plaintiffs’ attempt to straddle these Philips entities with liability based on some other parties’ alleged conduct simply does not hold water. We have asserted this all along and the Court’s careful analysis validates this position.”
“The Court’s decision is based on solid law and common sense. Philips, who was not manufacturing, marketing, or selling CRTs after 2001, was appropriately vindicated by the Court’s decision today. Plaintiffs’ efforts to confuse the withdrawal standard by asserting Philips’ post-withdrawal liability based on other parties’ alleged conduct appropriately failed.”
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