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Squire Patton Boggs | United Kingdom | 4 Oct 2011

Takeover Panel: Takeover Code: amendments to various practice statements effective 19 September 2011

As reported in the last edition of this publication6 , a number of changes to the Takeover Code (‘the Code’) came into effect on 19 September 2011


Squire Patton Boggs | USA | 26 Aug 2009

Non-insider lender equitably subordinated for predatory lending

Although courts are generally reluctant to equitably subordinate claims of non-insiders, the United States Bankruptcy Court for the District of Montana recently did just that to the claims of a non-insider lender based on overreaching and self-serving conduct in Credit Suisse v. Official Committee of Unsecured Creditors (In Re Yellowstone Mt. Club, LLC), Case No. 08-61570-11, Adv. No. 09-00014 (Bankr. D. Mont. May 13, 2009).

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