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Sonterra Capital Master Fund Ltd. v. Credit Suisse Group AG et al
Case Number:
1:15-cv-00871
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Akin Gump
- Berman Tabacco
- Cahill Gordon
- Crowell & Moring
- Gibson Dunn
- King & Spalding
- Lovell Stewart
- Lowey Dannenberg
- McDermott Will & Emery
- Miller & Chevalier
- Paul Weiss
- Perkins Coie
- Simpson Thacher & Bartlett LLP
- WilmerHale
- Zarin & Steinmetz
Companies
- Credit Suisse Group AG
- Deutsche Bank AG
- ICAP
- JPMorgan Chase & Co.
- National Westminster Bank PLC
- NatWest Markets PLC
- TP ICAP PLC
- UBS Group AG
Sectors & Industries:
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August 17, 2017
JPMorgan's $22M Swiss Franc Libor Deal Gets Preliminary OK
A New York federal judge on Wednesday approved a $22 million "ice-breaker" settlement between JPMorgan Chase & Co. and a class of investors who accuse banks of rigging the market for derivatives tied to the Swiss franc London Interbank Offered Rate, a deal that the plaintiffs hope will strengthen their case against other defendants.
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August 14, 2017
Banks Look To Deep-Six Swiss Franc Libor Class Action
A group of European banks including Royal Bank of Scotland PLC and Credit Suisse Group AG accused by investors of rigging the market for derivatives tied to the Swiss franc London Interbank Offered Rate on Monday urged a Manhattan federal judge to nix the proposed class action, saying the case doesn't belong in the U.S.
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July 28, 2017
Banks Say New Precedent Dooms Swiss Franc Libor Suit
European financial firms accused of rigging a benchmark interest rate for interbank borrowing of Swiss franc-denominated funds have told a New York federal judge that a recent U.S. Supreme Court ruling on jurisdiction strengthens their argument for dismissing investors' class allegations against the banks.
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