A host of City firms are lining up for a $1bn claim being brought against a set of financial institutions accused of co-operatively manipulating the Libor rate.
Quinn Emanuel Urquhart & Sullivan partner Kate Vernon (pictured) is representing the US Federal Deposit Insurance Corporation (FDIC) in the case, with Macfarlanes, Hogan Lovells and Milbank, Tweed, Hadley & McCloy acting for the defendants.
