Where's the Damages? Proposed LIBOR Class Settlements Leave One Objector Wondering
The New York Law Journal reported last year that Arent Fox’s Les Jacobowitz asked but no one—not class counsel, the judge, and certainly not the banks—had an answer.
Jacobowitz tried to answer the question himself, and in doing so hoped to convince Judge Naomi Reice Buchwald to blow up proposed settlements with the banks.
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