Korean Air Lines Co.Ltd. Antitrust Litigation


85,252

Class Members

$65,000,000

Settlement Fund

01-01-1970

Date

Case Description


Class Plaintiffs allege that Korean Air and Asiana Airlines participated in an unlawful conspiracy to fix, raise, maintain, and stabilize the prices of passenger air transportation services purchased in the United States for flights originating in the United States and ending in the Republic of Korea or flights originating from the Republic of Korea and ending in the United States. In exchange for the release of claims, Korean Air settled with $39 million in cash and $26 million in travel coupons for future travel. Asiana settled with $11 million in cash and $10 million in coupons.


As the coupon administrator and designated market maker in the settlement, CCC will facilitate the transfer and redemption of coupon codes. CCC will also create a secondary market in which people can sell and buy coupon codes using its propriety programs.


Counsel for Plaintiffs:

Jeff S. Westerman (Milberg L.L.P)

Marc M. Seltzer (Susman Godfrey L.L.P)

Susan G. Kupfer (Glancy Prongay & Murray L.L.P)

 

Counsel for Defendant:

Donald Morrow (Paul Hastings L.L.P)

 

Legal Documents

Korean Air

Settlement Agreement

Notice

Judge's Order

 

Asiana

Settlement Agreement

Notice

Judge's Order

 

 

Court Information


Case #
CV 07-5107 SJO (AGRx)
Case Type
Antitrust
Court Type
District Court
Jurisdiction
Central District of California Western Division
Judge
Hon S. James Otero
Industry
Services

CCC Performance


Please visit the official Korean Air Passenger Antitrust Litigation and CCC's Korean Air Coupon Code website for more information. See also the Korean Air case study on our Commentary page.

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