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January 23, 2018 | New York Law Journal

Buchwald Signals Defeat for Objections in LIBOR Class Suits

At a fairness hearing Tuesday, U.S. District Judge Naomi Reice Buchwald indicated she has no issue with the fairness of the proposed settlements in a leading LIBOR class action.
3 minute read
January 22, 2018 | New York Law Journal

Where's the Damages? Proposed LIBOR Class Settlements Leave One Objector Wondering

Arent Fox's Les Jacobowitz asked but no one—not class counsel, the judge, and certainly not the banks—had an answer. So he tried to answer the question himself, and in doing so hopes to convince Judge Naomi Reice Buchwald to blow up proposed settlements with the banks.
5 minute read
June 01, 2017 | New York Law Journal

Consideration of Pre-Judgment Interest in Evaluating the Risk of Litigation

Alan D. Zuckerbrod and Eric B. LaMons write: As demonstrated in a recent First Department decision, pre-judgment interest, whether statutory or contractual, could significantly add to the amount at stake, especially in a complex commercial matter that may take many years to resolve. With statutory interest rates varying greatly among jurisdictions, choice of forum also becomes significant.
23 minute read

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