A South Korean University's lawsuit claiming Yale University damaged its reputation and cost it tens of millions of dollars by wrongly confirming that an art history professor it hired had earned a doctorate at the Ivy League school was rejected Thursday by a unanimous federal appeals court.

A panel of the U.S. Court of Appeals for the Second Circuit said there was no actual malice in mistaken statements made to Dongguk University by former Yale deputy general counsel Susan Carney (See Profile), who is now a judge on the court, about Shin Jeong-ah's bogus claim.