Bondholders Seek Dismissal of Antitrust Lawsuit in Selecta Case

A group of bondholders involved with Selecta has requested a judge to dismiss a lawsuit alleging they breached U.S. antitrust laws. Bloomberg posted on X that the lawsuit accuses the bondholders of forming a creditor pact to negotiate a favorable deal with the Swiss vending machine company, potentially disadvantaging other parties. The bondholders argue that their actions were within legal bounds and are seeking to have the case thrown out.