Bankruptcy – May 23, 2012

by Cadwalader, Wickersham & Taft LLP on 5/4/2012

On April 19, 2012, the U.S. Bankruptcy Court for the Southern District of New York granted in part and denied in part JPMorgan Chase, N.A.’s motion to dismiss an adversary complaint filed by Lehman Brothers Holdings Inc....more

by Katten Muchin Rosenman LLP on 3/26/2012

In this issue; - Senate Passes Revised Version of JOBS Bill - SEC Staff Issues Risk Alert on Municipal Securities Underwriting Practices - ISDA Dodd-Frank Documentation Project - CFTC Issues No-Action...more

by Reed Smith on 3/9/2012

On 29 February 2012 the Supreme Court of England and Wales dismissed the appeal by GLG Investments and ruled that clients whose money had not been properly ring-fenced when Lehman Brothers International (Europe) (“LBIE”) went...more

by Katten Muchin Rosenman LLP on 3/8/2012

On February 29, the UK Supreme Court handed down its decision upholding, in part unanimously and in part by a 3-2 majority, the Court of Appeal’s November 2010 decision in the LBIE client money case - Re Lehman Brothers...more

by McDermott Will & Emery on 2/13/2012

HM Revenue & Customs (HMRC) has limited discretion to make concessions in relation to statutory tax provisions.  Following a recent judicial decision suggesting that this discretion was more limited than had been...more

by Cadwalader, Wickersham & Taft LLP on 2/6/2012

Quoting the great sage Yogi Berra, on January 17, 2012, Judge Jed S. Rakoff of the United States District Court for the Southern District of New York denied the motion of Irving H. Picard, the SIPA trustee for Bernard L....more

by Dechert LLP on 2/2/2012

The Commodity Futures Trading Commission (CFTC) on January 11, 2011 finalized three important rules and proposed one additional rule as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010...more

by Reed Smith on 1/10/2012

The initial meeting of client and creditors of MF Global UK Limited ("MFG UK") took place yesterday, 9 January 2012, at 11 a.m. The meeting was chaired by Richard Heis (the "Chairman"), one of the joint special administrators...more