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Newsletters
Antitrust and Financial Services
HSBC v Commission: EU General Court gives leeway to the Commission in application of fundamental rights of defence
Oct 14, 2019
In December 2016, HSBC was fined €33.6 million by the European Commission for its role in the Euro Interest Rates Derivatives (EIRD) cartel – an off-shoot of the regulatory scrutiny of LIBOR manipulation.
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Claimants Bring UK Class Action Against Investment Banks for FX Manipulation
Aug 09, 2019
On 29 July 2019, claimants brought a class action in the UK Competition Appeal Tribunal (CAT) against five investment banks, alleging potentially billions of pounds in damages from cartel conduct in the foreign exchange markets.
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Mass Claim Against MasterCard in UK is Given a Second Chance at Certification
Apr 29, 2019
On 16 April 2019, the Court of Appeal issued a ruling that gives a second chance at certification to the £14 billion mass consumer claim brought against MasterCard by Walter Merricks. The ruling breathes new life into the claim and into the UK’s nascent opt-out class action regime.
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Brass TaxCadwalader CabinetFund Finance FridayMiami MemoriesFeb 21, 2020 FFA Miami Conference in Full SwingFeb 14, 2020 Miami, Here We Come!Feb 07, 2020 REF News and ViewsThe LIBOR Transition Challenge and MoreJan 28, 2020 Looking AheadDec 19, 2019 A Focus on FinanceNov 22, 2019 State Attorney General Insider |
