Litigation
Derivatives litigation has reached a new level in South Korea, where early court rulings on corporate currency options positions went against financial institutions and threatened the legal enforceability...
International law firms are increasing the number of litigation staff they employ in the Asia-Pacific region in the expectation that more disagreements between counterparties will require legal intervention....
London - Insurance companies are bracing themselves for the impending wave of litigation relating to losses due to poor-performing securities such as collateralised debt obligations (CDOs). Cases in the...
Banks are increasingly using their IT infrastructure to increase their competitive advantage. Learn how this can work in practice.
More Litigation articles
LONDON - "Everyone just wants to make sure they are not going to fall to pieces, but regulators will be starting to look at who's to blame and litigation will flow through," warns Chris Warren-Smith, partner and head of international financial services...
NEW YORK - US regulators are continuing to crack down on firms in an attempt to clean up after the implosion of the auction rate security (ARS) market in February. The US Financial Industry Regulatory Authority in New York settled with a number of firms,...
WASHINGTON, DC - Some 607 subprime-related litigation cases have been filed in the US in the 18 months to June 30, 2008, according to the latest figures from Navigant Consulting. This is the highest ever volume of litigation prompted by a financial crisis,...
Emails are increasingly being used (and demanded) as evidence by US courts, and the implications of this are rippling around the globe. Ellen Davis looks at what international firms need to be doing with their email to ensure they can handle the changing,...
Two monolines face lawsuits for not paying out on guarantees made on collateralised debt obligation of asset-backed security tranches. How will these legal actions affect the monoline sector? Radi Khasawneh reports
The subprime crisis is moving from the boardroom to the courtroom and Wall Street is in the dock. The number of class action lawsuits rose sharply last year, and more are expected to follow in the coming months. Are further huge losses around the corner...
Clifford Chance has been ranked number one in the first annual OpRisk & Compliance survey of law firms engaged in risk and compliance activities for financial services firms. But as the results attest, risk and compliance is a hot area for global law...
This handy guide reviews the various steps banks are taking to improve their risk management techniques, looking at the benefits and pitfalls of each one.
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