Since January 2020, over 160 fee class actions have been filed. Fee litigation is very expensive and burdensome with potential damages in the 100s of millions of dollars. Pleading standards for these cases have been in flux and have depended on what circuit court and district court the case is filed in.
Explore ACC's selection of global, regional, and country-focused resources to help in-house counsel navigate legal, business and career issues arising from the COVID-19 (coronavirus / 2019-nCov) crisis.
The London Interbank Offered Rate (LIBOR) is being phased out on June 30, 2023, following allegations of manipulation. This has raised questions about what will replace LIBOR. The switch to another rate depends on the country where a company is located. While companies may still use LIBOR until June 2023, that extension is specific to the US dollar. This article discusses the transition.