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- Title
LIBOR Claims: a Silver Bullet or a Nuclear Assault?
- Authors
Twigden, Simon; Marino, Pietro; Manek, Anjali
- Abstract
The article explores issues related to claims concerning the manipulation of London Interbank Offering Rate (LIBOR). Some steps to be taken in order to identify potential claims related to LIBOR manipulation are detailed which include establishing a Special Committee, using mathematical tools for loss calculation and preserving documents. The possibility of making claims within the context of competition law is explained. Potential claimants are advised to consider their litigation strategy.
- Subjects
DAMAGE claims; MARKET manipulation; LIBOR; COMMITTEES; UNFAIR competition; ACTIONS &; defenses (Law)
- Publication
Dispute Resolution International, 2013, Vol 7, Issue 1, p55
- ISSN
2075-5333
- Publication type
Article