2nd Circ. Says Ex-SocGen Exec Is No Fugitive, Can Fight Case

By Stewart Bishop (August 5, 2021, 7:31 PM EDT) -- The Second Circuit on Thursday held that a lower court abused its discretion by deeming a former Societe Generale SA executive accused of Libor-rigging to be a fugitive and barring a challenge to her indictment from abroad, splitting from sister circuit rulings that found a lack of jurisdiction to hear such appeals.

The nearly 4-year-old case accuses French citizen Muriel Bescond — former head of SocGen's Paris treasury desk — along with her former colleague Danielle Sindzingre of lowballing the Paris-based lender's Libor submissions to avoid reputational harm for the bank.

Bescond and Sindzingre, who reside in France, have not appeared...

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!