Mealey's Antitrust/Unfair Competition - 9th Circuit Revives Certain Claims In Libor-Manipulation Case

Mealey's Antitrust/Unfair Competition - 9th Circuit Revives Certain Claims In Libor-Manipulation Case

SAN FRANCISCO - The Ninth Circuit U.S. of Appeals on March 27 reversed parts of a district court's decision that a mortgage borrower lacked standing to bring a suit alleging that Deutsche Bank National Trust and Barclays Bank manipulated London Interbank Offered Rate (Libor) to drive up mortgage rates, holding that the borrower did suffer injury from the alleged manipulation (Helen Galope v. Deutsche Bank National Trust, et al., No. 12-56892, 9th Cir.; 2014 U.S. App. LEXIS 5686).

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