Wednesday, June 14, 2017

2nd Circ. Won’t Revive RBS Libor Claims For Second Time
A budget hotel operator can’t sue the Royal Bank of Scotland for alleged rate-rigging because it never mentioned those fraud claims during a since-concluded bankruptcy case, the Second Circuit affirmed on Tuesday, essentially laying down a “list it or lose it” ultimatum for post-petition claims.

June 14, 2017 at 03:52AM