Cases & Deals

Deutsche Bank defends lawsuit alleging boycott against CDS exchange

Clients Deutsche Bank AG, New York Branch

Jones Day is defending Deutsche Bank AG, New York Branch in litigation brought by Tera Group, Inc., a swap execution facility (SEF) operator, which alleges that the defendants boycotted it to prevent it from gaining traction as an exchange for credit default swap (CDS) exchanges.

Tera Group, Inc. v. Citgroup, No. 17-cv-04302 (S.D.N.Y.)