DC Circuit OKs Expedited Schedule for AT&T/TW Briefs
The U.S. Court of Appeals for the D.C. Circuit signed off on DOJ's proposed expedited briefing schedule in the appeal of the AT&T/Time Warner deal approval, said a docket 18-5214 clerk's order (in Pacer) Thursday. Appellant DOJ's brief is due…
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Aug. 3, with appellee AT&T's due Sept. 20. The court said the sides will be notified later of the date of oral argument and the makeup of the judges' panel. In a note to investors Thursday, MoffettNathanson analyst Craig Moffett said the basis for the DOJ appeal -- that U.S. District Judge Richard Leon wrongly rejected the idea New AT&T would negotiate deals for Turner programming differently than TW would have by itself -- faces a tough road because it contests a finding of fact, not an error in how the law was applied, and the appeal has a low probability of success.