Four key areas of LIBOR dispute litigation

  • There are several key factors shaping disputes over LIBOR cessation. There is no single legislative approach across asset classes and therefore plenty of room for disputes. The article highlights the four key areas of disputes in the LIBOR cessation process:
    • Contract litigation between counterparties to legacy LIBOR contracts
    • Shareholder and investor actions against companies with LIBOR-based portfolios
    • Consumer class actions against lenders of LIBOR-linked financing
    • Regulatory enforcement actions