Page 8 - Fund Liquidation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To print this article, all you need is to be registered or login on Mondaq.com. On March 17, 2021, the United States Court of Appeals for the Second Circuit ( Second Circuit ) overturned the decision of the United States District Court for the Southern District of New York ( District Court ) dismissing Fund Liquidation Holdings, LLC v. Bank of America Corporation, et al. In so doing, the Second Circuit revived antitrust class action claims against a number of banks, which alleged that the banks manipulated the Singapore Interbank Offer Rate ( SIBOR ) and the Singapore Swap Offer Rate (SOR) between 2007 and 2011. Two Cayman Island investment funds-FrontPoint Asian Driven Fund, L.P., and

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