Libor Antitrust Risks Remain Despite Early Settlements

UBS has won conditional leniency not only from the DOJ, but also from the Swiss Competition Commission, which is also investigating possible benchmark rate-fixing...But because of their Swiss and U.S. successes, Robins, Kaplan, Miller & Ciresi L.L.P partner Stacey Slaughter said, "It's likely that they will also pursue [it] with the EC."

December 20, 2012

Law360, New York (December 20, 2012, 7:32 PM ET) -- Despite the coordinated deals UBS AG reached with four international regulators over allegations it had manipulated the London Interbank Offered Rate, comments from the European Union's antitrust chief Thursday offered a stark reminder that the banks settling fraud claims over the benchmark rate may be far from done.

All Content © 2003-2012, Portfolio Media, Inc.

 

Stacey Slaughter

Partner

Member of Executive Board;
Co-Chair, Antitrust and Trade Regulation Group

Related Publications

December 21, 2021
Is This the End of Mandatory Arbitration?
David Rochelson - Antitrust, Vol. 36, No. 1, Fall 2021
December 2021
The Evolution and Practical Application of Genetic Testing
Teresa Fariss McClain - The Robins Kaplan Justice Report
Winter 2021
Avoiding Guilt by Association
Denise Rahne - The Robins Kaplan Spotlight, Vol. 6, No. 4
Winter 2021
Can You Keep a Secret? And Should You?
Anne Lockner - The Robins Kaplan Spotlight, Vol. 6, No. 4
Winter 2021
Quiet Trusts: The Benefits of Privacy in Estate Planning
Myleah Wiedmann, Tim Billion - The Robins Kaplan Spotlight, Vol. 6, No. 4
Back to Top