Handing a win to appellate specialist (and SCOTUSblog founder) Thomas Goldstein of Goldstein & Russell, the U.S. Supreme Court ruled Wednesday that a group of bond purchasers can’t be forced to wait to appeal a ruling dismissing antitrust claims over alleged manipulation of the Libor interest rate.
The justices sided unanimously with Goldstein and his clients, overturning a decision that had favored Barclays PLC, Bank of America Corp., The Royal Bank of Scotland Group PLC and a dozen other banks facing Libor claims.
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