The result of Sunday’s (5 July 2015) referendum which rejected the latest proposed bailout by the European authorities was unequivocal. The next steps in this crisis are far less clear, ranging from a swift renegotiation of...more
7/8/2015
/ Bailout ,
Bank Recovery and Resolution Directive (BRRD) ,
Banks ,
Capital Controls ,
Capital Markets ,
Continuing Resolution ,
European Central Bank ,
European Stability Mechanism ,
Eurozone ,
Greece ,
Liquidation ,
Referendums ,
Restructuring
On July 6, 2014, Judge Jed S. Rakoff, United States District Judge for the Southern District of New York, declined to extend the reaches of section 550(a) of the Bankruptcy Code abroad to permit the recovery of funds that...more
7/23/2014
/ Asset Transfer ,
Bankruptcy Code ,
Bernie Madoff ,
Clawbacks ,
Extraterritoriality Rules ,
Feeder Funds ,
Foreign ,
Foreign Investment ,
Fraud ,
Judge Rakoff ,
Liquidation ,
Ponzi Scheme ,
SIPA