News Focus
News Focus
icon url

Large Green

07/30/25 6:53 PM

#745510 RE: BBANBOB #745508

b]Hero’s it is. Appears Libor MAY be over pending payment.

The following from ChatGPT with case number that it references below

Yes — case number 14-1757 is included in the Dunn/FDIC-Receiver litigation you asked about.

That docket, No. 14-cv-01757, is part of the master case In re LIBOR-Based Financial Instruments Antitrust Litigation (MDL 11-md-2262). In particular, FDIC–Receiver, acting for approximately 20 failed banks, filed claims in that action (No. 14-cv-1757) against Deutsche Bank AG and other LIBOR panel banks .

The key fact: the FDIC and Deutsche Bank have entered into a settlement agreement, which includes a stipulation of dismissal with prejudice for case No. 14-cv-01757 once payment is made .

🧾 Summary

• Case 14-1757 refers to the FDIC-Receiver’s civil action (within MDL 11-md-2262) against Deutsche Bank and similar defendants.
• This case is being settled, and the terms include a voluntary dismissal with prejudice of all claims in that particular case.
• Therefore, yes — dismissals for case No. 14-1757 are included in the overall settlement/dismissal package.

457807/30/2025NOTICE OF VOLUNTARY DISMISSAL WITH PREJUDICE: PLEASE TAKE NOTICE that, pursuant to Federal Rule of Civil Procedure 41(a)(1)(A)(i), Plaintiff the Federal Deposit Insurance Corporation, as Receiver ("FDIC-R") for Amcore Bank, N.A.; AmTrust Bank; California National Bank; Colonial Bank; Corus Bank, N.A.; Guaranty Bank; Imperial Capital Bank; IndyMac Bank, F.S.B.; Integra Bank, N.A.; Lydian Private Bank; Pacific National Bank; Park National Bank; R-G Premier Bank of Puerto Rico; San Diego National Bank; Silverton Bank, N.A.; Superior Bank; United Commercial Bank; United Western Bank; Washington Mutual Bank; and Westernbank Puerto Rico, by and through its undersigned attorneys, hereby withdraws and dismisses with prejudice all of FDIC-R's claims in the above-captioned multi-district litigation against the British Bankers' Association, BBA Trent Ltd. (formerly known as BBA LIBOR Ltd.), and BBA Enterprises Ltd. SO ORDERED. (Signed by Judge Naomi Reice Buchwald on 7/30/2025)