Comparing the EU’s Representative Actions Directive to US class action procedures
This fifth blog in our series examining the EU Representative Actions Directive ("the Directive") considers how lawsuits proceeding...
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Comparing the EU’s Representative Actions Directive to US class action procedures
This fifth blog in our series examining the EU Representative Actions Directive ("the Directive") considers how lawsuits proceeding...
Liability management corner: observations from restructuring and leveraged finance
The demand by asset managers, CLOs and other investors for leveraged loans continues to fuel the market for cov-lite loans that include...
Second Circuit Decision Reiterates That US Securities Laws Do Not Apply To “Predominantly Foreign” Transactions
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...
Crediting Freshfields’ arguments, the Second Circuit holds that standard priority provisions in Lehman Brothers’ CDOs are enforceable
The Second Circuit recently affirmed that provisions setting priority of payments in CDOs marketed by Lehman Brothers Special Finance,...
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