05/13/2020
The complaint charges TCA and TCA-GP with violating the antifraud provisions of the federal securities laws, and seeks permanent injunctions, disgorgement of allegedly ill-gotten gains with prejudgment interest, and financial penalties.
05/13/2020
The Justice Department and SEC have not said publicly why the RBS settlement was deemed ineligible. The SEC declined to comment while the Justice Department did not immediately provide comment
05/12/2020
The SEC suit, filed Monday, contends TCA overstated its funds' values by over $150 million as of last fall. TCA was cited in a January NBC News report.
05/12/2020
Freshfields is also considering optional reduced hours for employees that want that flexibility.
05/11/2020
Rating firms predict that more companies will pursue distressed debt exchanges
05/11/2020
With net debt of almost A$1.9 billion, and global economic uncertainties high, explosives and fertiliser concern Incitec Pivot has decided to take pre-emptive action to strengthen its balance sheet and raise up to $675 million.
05/10/2020
This guidance, however, was quickly retracted by the EEOC when it believed its guidance was being misinterpreted as allowing employers to act against an employee simply because they have one of the conditions listed by the CDC.
05/08/2020
There's a little twist of the knife on these salary cuts.
05/08/2020
Such steps will continue to serve businesses well even after the worst of COVID-19 has passed.
05/06/2020
Filing fees are required when filing a formal notice, i.e., when deal parties either file a formal notice for a transaction subject to mandatory filing requirements
05/05/2020
This goes against gold’s embedded characteristics, but we think that the unique circumstances at the time of that selloff are likely in the rear view.
05/05/2020
As the effects of COVID-19 continue to weigh down the economy, parties may seek to renegotiate their deal.
05/04/2020
The Wall Street Journal reports Elliott Management would get a stake in Eko
05/04/2020
Via America’s Lawyer: RT correspondent Brigida Santos joins Mike Papantonio to outline lawsuits against big banks like Wells Fargo who have been doling out business loans to their wealthier clients rather than smaller businesses who the federal fund
05/03/2020
This Committee’s creation suggests that a number of CARES Act fund recipients may be facing their most visible oversight from a congressional inquiry rather than from an agency enforcement proceeding.
05/03/2020
The Wall Street Journal reports Elliott Management would get a stake in Eko
04/30/2020
Pressure and opportunity combine to bring large banks home
04/30/2020
The deal is structured as an asset purchase agreement that includes both a payment at closing and potential contingent payments.
04/29/2020
PBGC monitors workforce reductions, so plan sponsors must be vigilant.
04/28/2020
Art market participants who are engaged in pending or projected transactions that are otherwise subject to regulatory oversight but that have been interrupted by the health crisis must take care not to run afoul of these regulations in the absence of any