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
Today the Judicial Panel on Multidistrict Litigation ordered centralization of cases relating to the oil spill into the Gulf of Mexico from the offshore rig Deepwater Horizon to the Eastern District of Louisiana in New Orleans. U.S. District Judge Carl J. Barbier will oversee the sprawling MDL proceedings.
The Panel's order provides:
IN RE: