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Market Manipulation Foreign Banks Libor

Cadwalader, Wickersham & Taft LLP

United States Courts Possess Personal Jurisdiction over Foreign Banks in Ongoing LIBOR Case

The United States Supreme Court denied a petition for certiorari filed by six foreign banks that argued that U.S. courts lacked personal jurisdiction over them. (Lloyd’s Banking Group. PLC  v. Schwab Short-Term Bond Market...more

McDermott Will & Emery

Section 1 Claims Dismissed in LIBOR, TIBOR Class Action

McDermott Will & Emery on

On March 28, 2014, Judge Daniels of the Southern District of New York dismissed antitrust and unjust enrichment claims against over 20 banks accused of manipulating prices in the Euroyen interbank lending market by submitting...more

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