Recent Developments
Argentina, Cyprus, France, United Kingdom, USA, Banking, Insolvency & Restructuring, Litigation, Tax, Jones Day, Bond (finance), Hedge funds, Debt, Default (finance), UNCITRAL, Second Circuit
Recent Developments
Argentina, Germany, Global, Spain, Banking, Insolvency & Restructuring, Litigation, Jones Day, Bond (finance), Debt, Default (finance), Second Circuit
Recent Developments
Argentina, European Union, USA, New York, Banking, Insolvency & Restructuring, Litigation, Public, Jones Day, Bond (finance), Bankruptcy, Hedge funds, Debt, Default (finance), Debt restructuring, ECB, Second Circuit
The U.K. Supreme Court has handed down its judgment in the joined cases of Rubin and another v Eurofinance SA and others and New Cap Reinsurance Corporation (in liquidation) and another v A E Grant and others [2012] UKSC 46. (24 October 2012)
Key points:
Global—On 26 October 2012, the U.S. Court of Appeals for the Second Circuit, in a ruling that may impact sovereign debt restructurings, upheld a lower court order enjoining Argentina from making payments on restructured defaulted debt without making comparable payments to bondholders who did not participate in the restructuring.
Spain, United Kingdom, USA, Insolvency & Restructuring, Litigation, Jones Day, Bond (finance), Injunction, Security (finance), Debt, Default (finance), Second Circuit
Recent Developments
European Union, Germany, Italy, United Kingdom, Banking, Insolvency & Restructuring, Litigation, Jones Day, Debtor, Board of directors, European Commission, European Banking Authority, ECB
Recent Developments
Belgium, Italy, Spain, United Kingdom, Banking, Competition & Antitrust, Insolvency & Restructuring, Litigation, Tax, Jones Day