A cloud of pessimism hung over some holders of Credit Suisse's additional tier one (AT1) paper last week, even after a Swiss ...
Omni Bridgeway is funding the case, with Drew & Napier confident after the Swiss court decision that bondholders’ rights were ...
A Swiss court has ripped open a case many thought was buried. The Federal Administrative Court just overturned the 2023 order ...
Singapore law firm Drew & Napier plans to sue the Swiss government for compensation on behalf of Asian bondholders who lost ...
A Swiss court revoked the Credit Suisse AT1 bond writedown, offering hope to investors seeking damages after the UBS takeover ...
The Capital Adequacy Ordinance strictly regulates AT1 practices. Reimbursement is therefore not guaranteed, even if the ...
Switzerland’s Federal Administrative Court said that it revoked a 2023 decree by the country’s financial regulator in which Credit Suisse was ordered to write off so-called Additional Tier 1 bonds.
To the average person, the word annul may have the same meaning as null and void. But in Swiss law, there is a crucial ...
We see no reason to change our strategy due to the write-down of a security, which we also believe was carried out illegally, ...
A group of investors that hold claims tied to about $17 billion of bonds wiped out in the rescue of Credit Suisse are ...
Writing off 16.5 billion Swiss francs ($20.53 billion) in Credit Suisse bonds was unlawful, a Swiss court ruled on Tuesday, ...
Traders are homing in on a single exchange-traded fund in their bid to qualify for potential compensation from the wiped-out ...