“In Libor MDL, Need For Appellate Certainty May Carry The Day”

Schnader Appellate Chair Carl A. Solano and Christian Sheehan authored “In Libor MDL, Need For Appellate Certainty May Carry The Day” for the December 10, 2014 edition of Law360. The article offers analysis of the U.S. Supreme Court’s argument in the Libor litigation on Dec. 9, 2014, which may lead to a decision favoring a bright-line rule that permits appeals of dismissed cases that have been consolidated during multidistrict litigation proceedings. The question in the case, Gelboim v. Bank of America Corp., No. 13-1174, is whether a district court’s order dismissing all claims in an action that was consolidated with several others for pretrial purposes under the MDL statute is a final and immediately appealable order.