BPP Illinois, LLC v. The Royal Bank of Scotland

  1. June 28, 2017

    2nd Circ. Told It Erred In Tossing Libor Claims Against RBS

    A budget hotel operator told the Second Circuit on Tuesday that it created a "fundamentally unworkable rule of law" in bankruptcy cases when ruling earlier this month that the operator is precluded from asserting rate-rigging claims against the Royal Bank of Scotland because it never mentioned them during a since-concluded bankruptcy case.

  2. October 20, 2016

    'Hasty' Judge Botched RBS Libor Claim Again, 2nd Circ. Told

    Hotel developer Budget Portfolio Properties LLC urged the Second Circuit on Thursday to again reverse a Manhattan trial judge who twice has dismissed its claims that Royal Bank of Scotland's rate-rigging drove it into bankruptcy in Texas, leaving a three-judge panel with questions about which federal circuit law to apply.