Mealey's Antitrust/Unfair Competition - Supreme Court Will Decide Whether Dismissal Is Appealable In Libor Suit

WASHINGTON, D.C. - The U.S. Supreme Court on June 30 agreed to determine whether a dismissal in a consolidated action can be immediately appealed, regardless of whether claims remain in the consolidated action, in granting a petition for a writ of certiorari filed by plaintiffs in multidistrict litigation who alleged that several banks rigged the London Interbank Offered Rate (Libor) (Ellen Gelboim, et al. v. Credit Suisse Group AG, et al., No. 13-1174, U.S. Sup.).

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