Dexia in October agreed to split itself when its interbank lending sources dried up amid the Europe's stressed economies. Dexia had come to rely heavily on short-term lending and government support after it was battered by the financial crisis, partl
HgCapital, the mid-market private equity house, is one of two key fund formation clients transferring its mandates to Proskauer, where relationship partner Nigel van Zyl began work earlier this month.
Parabellum will be run by former members of the Credit Suisse Legal Risk Strategies & Finance team, led by Aaron Katz. The spinoff from Credit Suisse will allow Parabellum to grow and broaden its product lineup without operating under the constraints
Two previous IRS programs, in 2009 and 2011, brought in more than $4.4 billion in taxes from tens of thousands of tax evaders, said the tax collection agency.
Negotiations in the case have reached a critical stage, with an indictment possible though the bank is seeking a deferred prosecution agreement, which would be less damaging
If any family offices are still unsure about their exempt status, they need to act soon: Nonexempt family offices have until March 30 to either register with the SEC or restructure to conform with exemption requirements.
Runners-up for the biennial prize, which is based on results in the two-year period ending last July, were Boies, Schiller & Flexner; Mayer Brown; O'Melveny & Myers; Sidley Austin; and Wachtell, Lipton, Rosen & Katz.
US Bank NA wants to force JPMorgan to buy back the mortgage loans because of alleged breaches of representations and warranties regarding the Bear Stearns Asset Backed Securities Trust 2005-4, for which it serves as trustee.
Sir Victor Blank and Eric Daniels, the former chairman and chief executive of Lloyds Banking Group, are to be sued in the US courts by American shareholders unhappy at the bank’s takeover of HBOS at the height of the credit crisis.
More than $3.2 billion involving shell companies and high-risk transactions with foreign financial institutions flowed through the bank’s New York branch, according to court documents filed at the time.