Law360, New York (May 8, 2013, 12:00 PM EDT) -- In the wake of a recent court ruling, many people have suggested that London Interbank Offered Rate litigations are now nearly over. Although the ruling represents a significant victory for the defendant banks, and a major challenge to the litigation strategy of many of the claimants, it is by no means the end of the Libor litigations. Between the parties affected by this ruling and new strong claimants such as Freddie Mac, and potential other claimants that have not yet filed their claims, there is still a long road ahead. Libor manipulation represents a systemic problem in the financial markets, and it will likely be a part of the legal and financial landscape for the foreseeable future. ...
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