Tagged: retroactive application

The LIBOR Trials: An Example of Prosecution Overreach?

From our most recent guest contributor, Julie Pabon, Esq., a 2006 Graduate of Elisabeth Haub School of Law at Pace University and currently serving as Senior Counsel of an Am Law 100 Firm focusing on environmental law, read the author’s review of a three month long trial in the United Kingdom, in which three men, all former low-level employees of Barclays Bank, were sentenced for activities that the U.K. Serious Fraud Office alleged to constitute  “manipulation” of the London Interbank Offered Rate (“LIBOR”), a global interest rate benchmark.

Read the full article entitled The LIBOR Trials: An Example of Prosecution Overreach?