DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Joshua Naftalis - 2 It's - 1 — - 1 Russia's - 1 I've - 1 Julia Simpson - 1 Thompson of Monaco - 1 it's - 1
Top related locs:
Russia Ukraine Russian San Diego Antigua Barbuda Maldives Montenegro
Top related orgs:
Pallas Partners - 2 Service - 1 Russia's - 1 Palm - 1 SuperYacht - 1 Thompson - 1 SuperYacht Times - 1 Alameda Research - 1

Search resuls for: "Pallas Partners"


5 mentions found


☆ Insiders still have no idea what's going to happen to Russian oligarchs' seized superyachts
  + stars: | 2024-03-26 | by ( Madeline Berg | ) www.businessinsider.com   time to read: +6 min
Many of their superyachts were seized or frozen, leading industry insiders to question their fate. The war prompted many governments to enact sanctions against Russia's richest, including seizing their superyachts worth hundreds of millions of dollars. At least a dozen superyachts — worth well over $1 billion combined — have been affected. Russia's sanctioned superyachts are hard to buy and sellThe first problem is that many of the yachts are "frozen" — not seized. "How does it look if you bought a Russian boat?"
Persons: It's, —, Russia's, I've, Julia Simpson, Thompson of Monaco, it's, Joshua Naftalis, Ralph Dazert, Alfa Nero, Eric Schmidt, Simpson Organizations: Service, Russia's, Palm, SuperYacht, Thompson, Pallas Partners, SuperYacht Times Locations: Russia, Ukraine, Russian, San Diego, Antigua, Barbuda, Maldives, Montenegro, Dubai
☆ Sam Bankman-Fried Plans to Testify at His New York Fraud Trial, His Lawyer Says
  + stars: | 2023-10-25 | by ( Associated Press | Oct. | At A.M. | ) www.usnews.com   time to read: +3 min
NEW YORK (AP) — FTX founder Sam Bankman-Fried plans to testify at his fraud trial, his lawyer told a federal judge on Wednesday, a day before the defense is set to counter testimony from former executives who say the cryptocurrency executive stole billions of dollars from his customers and investors over several years. Attorney Mark Cohen told Judge Lewis A. Kaplan that he planned to call three witnesses “and then our client is also going to be testifying” after prosecutors rest early Thursday. Even so, prosecutors and the judge later discussed the possibility that closing arguments could occur early next week if Bankman-Fried changes his mind and doesn't take the stand. That means only Bankman-Fried or other character witnesses can tell his side of the story, former prosecutors said. ___For more AP coverage of Sam Bankman-Fried and FTX: https://apnews.com/hub/sam-bankman-fried
Persons: — FTX, Sam Bankman, Fried, Mark Cohen, Judge Lewis A, Kaplan, “, ”, Cohen, Rachel Maimin, Lowenstein Sandler, Caroline Ellison, Gary Wang, Joshua Naftalis, “ It’s, Mary Organizations: Alameda Research, Pallas Partners Locations: Manhattan, Palo Alto , California, Bahamas
☆ Factbox: Lawsuits lodged over state-backed Credit Suisse takeover
  + stars: | 2023-04-21 | by ( ) www.reuters.com   time to read: +2 min
April 21 (Reuters) - Several lawsuits have been filed over the terms of last month's emergency deal to save Swiss lender Credit Suisse (CSGN.S) by selling it to its bigger rival UBS (UBSG.S). Around 16 billion Swiss francs of Additional Tier 1 (AT1) Credit Suisse debt was written down to zero, in a shock to markets. But it has declined to name claimants or provide an ongoing tally of those lodged by bondholders or their lawyers. UNITED STATESOne of the first proposed U.S. class action s against Credit Suisse over alleged false or misleading statements pre-dates the rescue. Credit Suisse declined to comment.
☆ BlackRock sells asset-backed bonds from Credit Suisse's books, Bloomberg reports
  + stars: | 2023-04-13 | by ( ) www.reuters.com   time to read: +1 min
April 13 (Reuters) - Credit Suisse Group AG (CSGN.S) has hired BlackRock Inc (BLK.N) to help sell a portfolio of structured bonds for the Swiss bank, Bloomberg News reported on Thursday. BlackRock's Financial Markets Advisory group has been selling off securities over the last two weeks, including pieces of collateralized loan obligations, commercial mortgage bonds and niche asset-backed debt, Bloomberg reported, citing people with knowledge of the matter. BlackRock declined to comment, while Credit Suisse did not immediately respond to a Reuters request for comment. The move comes after the Swiss lender was acquired by UBS Group AG (UBSG.S) in a state-brokered deal. Reporting by Shivani Tanna in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.
☆ Explainer: Credit Suisse bondholders seek legal advice on AT1 wipe-out
  + stars: | 2023-03-23 | by ( Naomi Rovnick Chiara Elisei Kirstin Ridley | Naomi Rovnick | Chiara Elisei | ) www.reuters.com   time to read: +5 min
LONDON, March 23 (Reuters) - Credit Suisse (CSGN.S) bondholders are seeking legal advice after the Swiss regulator ordered 16 billion Swiss francs ($17.5 billion) of Additional Tier-1 (AT1) debt to be wiped out under its rescue takeover by UBS (UBSG.S). Not only did bondholders expect protection, but UBS is paying $3.23 billion to Credit Suisse shareholders. One Paris-based manager of a debt fund that held Credit Suisse AT1s said he had been "spammed" with emails from lawyers. Facing any challenge could be Credit Suisse, its new owner UBS, Swiss regulator FINMA or the Swiss government. It also cited an emergency March 19 ordinance which it said authorised FINMA to instruct Credit Suisse to write off the bonds.
0 next >>
Total: 5