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Banks Urge Supreme Court To Reject Libor Appeal

By Allissa Wickham (May 27, 2014, 9:04 PM EDT) -- A slew of major banks asked the U.S. Supreme Court on Tuesday to deny an appeal from bondholder plaintiffs who were part of multidistrict litigation over alleged Libor rigging, arguing that taking up the petition would hamper trial courts' abilities to manage their own schedules in complicated suits....

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