Law360, New York (August 20, 2015, 3:11 PM ET) — The Manhattan federal judge overseeing sprawling civil antitrust multidistrict litigation tied to banks’ gaming of the London Interbank Offered Rate was on the hunt for weak cases on Thursday, thinning the herd by throwing one plaintiff and her woefully unprepared lawyer out of court and leaving other claims on life support.
U.S. District Judge Naomi Reice Buchwald’s questions during more than two hours of oral argument related to various banks’ dismissal bids put pressure on plaintiffs to justify remaining in the MDL triggered by criminal probes…
Source: Law360
Case Information
Case Title
In Re: Libor-Based Financial Instruments Antitrust Litigation
Case Number
Court
New York Southern
Nature of Suit
Anti-Trust
Judge
Date Filed
August 12, 2011
Law Firms
- Cahill Gordon
- Covington & Burling
- Davis Polk
- Gibson Dunn
- Hogan Lovells
- Hughes Hubbard
- Locke Lord
- Paul Weiss
- Sidley Austin
- Sullivan & Cromwell
- WilmerHale
Companies
- Bank of America Corporation
- JPMorgan Chase & Co
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