July 21, 2017
Mr. Schachter recognized for his role in winning reversal and complete dismissal of all charges against the first defendants charged with LIBOR manipulation in a cornerstone case before the Second Circuit.
On July 21, The Am Law Litigation Daily named partner Michael Schachter “Litigator of the Week” for his role in winning reversal and complete dismissal of all charges against the first defendants charged with LIBOR manipulation in a cornerstone case before the United States Court of Appeals for the Second Circuit.
In a decision dated July 19, 2017, the Court reversed the judgments of conviction and dismissed the indictment of Willkie client Anthony Allen and Anthony Conti, former Rabobank traders, in the first London Interbank Offered Rate LIBOR manipulation case to reach the Second Circuit (or any court of appeals). Mr. Schachter argued the appeal on behalf of both defendants. Read Willkie’s July 20 announcement.
Mr. Schachter told Am Law “I think that there is no greater achievement for a criminal defense lawyer than to remove the stress that a government investigation and charges places on the shoulders of a client and his family,” he said. “It’s hard to imagine, for me, ever having a greater professional experience than to be able to deliver that news.”
The case was handled by Mr. Schachter and associate Casey Donnelly. The Willkie team also included associates Maxwell Bryer and Cole Mathews.
