Unanimous Court orders review of key district court ruling
The Second Circuit made a mistake when it refused to hear an appeal, the Supreme Court held 9-0 today in Gelboim v. Bank of Am. Corp., No. 13-1174 (U.S. Jan. 21, 2015); see Supreme Court Takes LIBOR Case, Blawgletter®, July 1, 2014.
The Court's ruling will
A Question of Efficiency
Will quick review of a final judgment in just one of many cases that make up a large multi-district litigation bog the MDL process down — or make it work better?
Defense lawyers insist that consolidation of cases before a single district judge (by the U.S. Judicial Panel on Multidistrict Litigation) changes