Ex-Trader Cuts Insurance Argument From Libor Costs Suit

Law360, London (June 24, 2020, 6:16 PM BST) -- A former Rabobank trader has dropped his argument that the lender should have covered him under its directors and officers liability insurance policy for the costs he ran up during U.S. and British investigations that accused him of rigging Libor.

Anthony Conti, a former senior derivatives trader at Rabobank, filed a claim against the Dutch lender for the £285,000 ($352,000) that he forked out during proceedings brought by authorities from across the Atlantic, which alleged he rigged the London interbank offered rate. He brought the High Court case against the bank after a U.S. appeals court reversed his conviction and dismissed...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!