Jan 28, 2022 US Securities Fraud Liability for Non-US Issuers of Securities Subject to Unsponsored ADRs: New Ruling Opens Up Additional Defense Strategies By Linda Martin David Livshiz Doru Gavril Henry Hutten +1 more... Show less Non-US issuers of securities with unsponsored ADRs in US capital markets may have gained a new defense strategy, a federal court in Los...
Apr 14, 2021 Comparing the EU’s Representative Actions Directive to US class action procedures By Linda Martin Henry Hutten This fifth blog in our series examining the EU Representative Actions Directive ("the Directive") considers how lawsuits proceeding...
Mar 09, 2021 Liability management corner: observations from restructuring and leveraged finance By Madlyn Primoff Kyle Lakin David Almroth Henry Hutten +1 more... Show less The demand by asset managers, CLOs and other investors for leveraged loans continues to fuel the market for cov-lite loans that include...
Feb 05, 2021 Second Circuit Decision Reiterates That US Securities Laws Do Not Apply To “Predominantly Foreign” Transactions By Timothy Harkness Linda Martin Mary Eaton David Livshiz Scott Eisman Henry Hutten +3 more... Show less Cavello Bay Reinsurance Ltd. v. Stein, 2021 WL 232551(2d Cir. Jan. 25, 2021)On January 25, 2021, the United States Court of Appeals for...
Aug 20, 2020 Crediting Freshfields’ arguments, the Second Circuit holds that standard priority provisions in Lehman Brothers’ CDOs are enforceable By Madlyn Primoff Timothy Harkness David Livshiz Henry Hutten +1 more... Show less The Second Circuit recently affirmed that provisions setting priority of payments in CDOs marketed by Lehman Brothers Special Finance,...