Rabobank Seeks To Nix Traders' Suit Over Libor Probe Costs

Law360, London (July 13, 2020, 9:24 PM BST) -- Rabobank urged a London judge on Monday to toss lawsuits brought by two former traders alleging the Dutch lender failed to cover them for costs they racked up fighting interest rate benchmark rigging investigations in the U.S. and U.K after leaving the bank.

Anthony Allen, former Rabobank global head of liquidity and finance, and former derivatives trader Anthony Conti claim the lender did not meet its obligations under exit packages to cover the costs of facing criminal charges into their conduct while they worked at the bank.

Rabobank is seeking to knock out the breach of contract suits before trial, arguing...

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!