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Results: 1-10 of 2,192

Distressed debt purchaser makes successful misrepresentation claim against issuer
  • Taylor Wessing
  • United Kingdom
  • May 6 2015

A distressed debt purchaser may be able to rely on misrepresentations made by the borrower to the original lender in published documents to recover


Trade alert - April 2015, issue 16 - Denmark
  • Cadwalader Wickersham & Taft LLP
  • Denmark, Iceland
  • May 1 2015

Following huge trading losses and the discovery of alleged fraud in a Singaporean subsidiary, O.W. Bunker & Trading A.S.filed for bankruptcy on 7


NY AG settles with Ernst & Young over alleged financial statement fraud prior to Lehman collapse
  • Katten Muchin Rosenman LLP
  • USA
  • April 19 2015

The New York State Attorney General settled a lawsuit against Ernst & Young related to its involvement in the financial statement preparation of


The Financial Report April 2, 2015 - news from Europe
  • DLA Piper LLP
  • European Union, United Kingdom
  • April 2 2015

Reuters reported that Latvia, which currently holds the European Union presidency, opposes a proposal that would prohibit European banks from engaging


Sovereign debt update - MarchApril 2015
  • Jones Day
  • Argentina
  • March 31 2015

The long-running dispute over the payment of Argentina's sovereign debt, on which the South American nation defaulted for the second time in July


Tender offer approved to implement classwide debt exchange outside plan of reorganization
  • Jones Day
  • USA
  • March 31 2015

Debt-for-equity swaps and debt exchanges are common features of out-of-court as well as chapter 11 restructurings. For publicly traded securities


Securities law considerations in cross-border restructurings
  • Jones Day
  • USA
  • March 25 2015

Non-U.S. companies in the process of restructuring debt that includes one or more series of U.S. bonds must ensure that their restructuring plan and


Former direct access partners executives plead guilty
  • Jenner & Block
  • USA
  • March 25 2015

The former CEO of U.S. broker-dealer Direct Access Partners (DAP), Benito Chinea, and a former DAP managing director, Joseph Demeneses, each pleaded


SEC temporary asset freeze not barred by automatic stay provisions
  • Duane Morris LLP
  • USA
  • March 20 2015

In an effort to protect the property of a bankruptcy estate, Section 362(a) of the U.S. Bankruptcy Code imposes an automatic stay on most


Doing business in Russia 2015
  • Baker & McKenzie
  • Russia
  • March 12 2015

The Russian Federation stretches across Eurasia from Eastern Europe to the Pacific coast. After the collapse of the Soviet Union, Russia became the