The London Interbank Offered Rate (“LIBOR”) is an international method of calculating interest rates. See In re LIBOR-based Fin. Instruments Antitrust Litig., 935 F. Supp. 2d 666, 677 (S.D.N.Y. 2013). LIBOR is important because it is the rate that...
MULTIDISTRICT LITIGATION
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From 1997 to 2001, Bayer Corporation ("Bayer") manufactured and distributed Baycol, a prescription medicine designed to lower cholesterol. See Smith v. Bayer, 593 F.3d 716, 719 (8th Cir. 2010). Bayer removed Baycol from the market after the medication...