Was daran interessant ist:
Sussmann Godfrey ist da immer noch mit dabei (da im eMail-Verteiler)
In den US ist es ja eher Usus, dass Anwälte nach erfolg und nicht nach Stunden abgerechnet werden, und das würde bedeuten, das Sussmann Godfrey am Erfolg der Ausschüttung an die ehemaligen Shareholder partizipiert.
Dies ist auch die Vermutung von Alice
My guess is Susman Godfrey isn't just working on an hourly rate. I would be surprised if there isn't a success fee given the enormous scale of likely recovery.
Ich vermute, dass Susman Godfrey nicht nur auf Stundenbasis arbeitet. Es würde mich wundern, wenn es angesichts des enormen Ausmaßes der wahrscheinlichen Erholung keine Erfolgsprämie gäbe.
Na dann: noch mehr zurücklehnen und die Tage/wochen geniessen.
Was hatte zuletzt Jamie gesagt: die Banken benötigen 1,5 Trillionen geliehen - Q4/23-Q1/24
Der Post:
Two additional filings from yesterday, good one to read the chain-email per the attachment but I will highlight some of the important details. SUSMAN GODFREY LLP had asked and completed deposition of the listed names and now another deposition for Mr. Cameron among other depositions.
3860 10/26/2023 ***SELECTED PARTIES***LETTER RESPONSE in Opposition to Motion addressed to Judge Naomi Reice Buchwald from Richard D. Owens dated October 26, 2023 re: [3818] LETTER MOTION for Leave to File Request for International Judicial Assistance (Letter of Request) pursuant to the Hague Convention of 18 March 1970 on the Taking of Evidence Abroad in Civil or Commercial Matters regarding the BBA addressed. Document filed by BBA Enterprises, Ltd., BBA Libor, Ltd, British Bankers' Association. Motion or Order to File Under Seal: [3855]. 3859 10/26/2023 LETTER RESPONSE to Motion addressed to Judge Naomi Reice Buchwald from David S. Lesser dated October 26, 2023 re: [3829] LETTER MOTION for Discovery addressed to Judge Naomi Reice Buchwald from William Christopher Carmody and James R. Martin dated October 23, 2023. Document filed by Royal Bank of Scotland PLC.
From:Jenny PelaezSent:Monday, October 23, 2023 3:18 PM To:Michael Kelso; hscherrer; agregory; Brian Donovan; Chris Meyer; David Lesser; Jamie Dycus; Patrick MontgomeryCc:Lindsey Davis; Alex Buri; Heather T. Rankie; Anjalee Behti; Gary I. Smith, Jr.; Geng Chen; Rodney Polanco; kgheenSubject: RE: In re LIBOR-Based Financial Instruments Antitrust Litigation, 11-MD-2262 (NRB) (S.D.N.Y.) - RBS
Michael,
We are in the process of confirming counsel for Mr. Kulkarni, who we expect will be represented by separate counsel. We will revert with further information.
NatWest is also identifying appropriate deponent(s) and availability for a NatWest 30(b)(6) deposition. NatWest reserves all objections, including on the number and scope of topics, which NatWest intends to assert upon receipt of a formal deposition notice.
Finally, NatWest opposes Plaintiffs' request to depose a seventh witness beyond the numerical limits set forth in the agreed-upon deposition protocol. Without waiving any objections or rights, however, please be advised that Mr. Cameron is represented by Nick Lewin of Krieger Kim & Lewin LLP. Neither we nor Mr. Lewin are currently authorized to accept or waive service on behalf of Mr. Cameron.
Regards, Jenny ––– Jenny Pelaez Counsel-LAXT: +1 213 218 4019 | E: JPelaez@KSLAW.com King & Spalding LLP 633 West Fifth Street Suite 1600 Los Angeles, CA 90071
To: Michael Kelso , "Hilary K. Scherrer" , Amy Gregory , Brian Donovan , Chris Meyer , David Lesser , Jamie Dycus , Patrick Montgomery Cc: Lindsey Davis , Alex Buri , "Heather T. Rankie" , Anjalee Behti , "Gary I. Smith, Jr." , Geng Chen , Rodney Polanco , Kate Gheen Subject: RE: In re LIBOR-Based Financial Instruments Antitrust Litigation, 11-MD-2262 (NRB) (S.D.N.Y.) - RBS
Counsel:
Please provide dates for depositions of the following individuals in the September – October 2023 time period. We intend for these depositions to be videotaped.
Pursuant to ¶ 11(b) of the Stipulation and Order Regarding Non-Expert Depositions (Doc. 3544) (the "Order"), within 14 calendar days, please (i) confirm you will represent the individual in connection with the deposition and whether you are authorized to accept service of a subpoena (or to waive service) on behalf of the individual; and (ii) if you are authorized to accept service or waive service in connection with the deposition, provide the location of the deposition, and offer dates of the witness's availability. If you do not represent the witness, please provide or confirm you have provided the last known address of the individual or the name of the attorney who represents the individual.
Please also confirm whether the witness agrees to proceed with the deposition under the Federal Rules of Civil Procedure.
Deponents: •John Cummins •Scott Nygaard •Neil Smith •Paul Walker
Best Regards, Michael Michael C. Kelso SUSMAN GODFREY LLP mkelso@susmangodfrey.com Office 713 653 7887 Cell 925 872 2345 Quote from: CSNY/Alice Griffin Bankruptcy Attorney - Cameron is former global head of RBS' investment banking unit
https://www.theguardian.com/.../rbs-boss-cameron-never... Quote from: Ady on Yesterday at 11:12:20 AM GM Hold, It's very comforting to see both Susman (our former EC law firm) and Zelle (current FDIC law firm) working together to do most of heavy lifting.
Susman: Michael Kelso , Amy Gregory , Geng Chen , Rodney Polanco , Kate Gheen Zelle Alex Buri , "Heather T. Rankie" , Anjalee Behti , Quote from: CSNY/Alice Griffin Bankruptcy Attorney - My guess is Susman Godfrey isn't just working on an hourly rate. I would be surprised if there isn't a success fee given the enormous scale of likely recovery. |