Less than a month after the U.S. Supreme Court reignited sprawling antitrust litigation accusing major banks of conspiring to fix the London Interbank Offered Rate, the stage is quickly being set for the next big Libor battle at the U.S. Court of Appeals for the Second Circuit.
U.S. District Judge Naomi Reice Buchwald agreed last week to allow appeals by several groups in the consolidated Libor case who are contesting her 2013 decision dismissing the antitrust claims at the heart of the litigation. Those plaintiffs had argued that they shouldn’t be sidelined after the Supreme Court held Jan. 21 that a smaller group of bond purchaser plaintiffs could appeal Buchwald’s 2013 ruling.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
