Banks fail to hand over core discovery documents

A number of banks accused of Libor manipulation have been scolded by a New York federal judge for late turnovers of core discovery documents to investigators. The banks concerned include Bank of America, Citigroup, Credit Suisse, HSBC, Rabobank, JPMorgan Chase, Lloyds, Charles Schwab, Portigon, Royal Bank of Canada, RBS, UBS and Societe Generale. 

By John Kennedy (June 20, 2016, 2:58 PM EDT) -- A New York federal judge on Friday scolded a number of foreign banks accused of Libor manipulation for not having turned over "core discovery" documents to groups of investors who are seeking to compel their production, saying that she's displeased that this hasn't yet happened....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

Access to case data within articles (numbers, filings, courts, nature of suit, and more.)

Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.

Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS