Sentences with phrase «claims against the investors»

The firm's litigation team aimed to help its client gain control of the investment by pursuing twin civil and criminal claims against the investors, enlisting the help of forensic accountants and court - appointed experts to provide evidence of the fraud.

Not exact matches

Ackman, who runs hedge fund Pershing Square Capital Management LP, has been betting against Herbalife shares since 2012, claiming the company is a pyramid scheme — where new investors unwittingly fund the profits of older investors.

«Requiring the banks to pay treble damages to every plaintiff who ended up on the wrong side of an independent Libor ‐ denominated derivative swap would, if appellants» allegations were proved at trial, not only bankrupt 16 of the world's most important financial institutions, but also vastly extend the potential scope of antitrust liability in myriad markets where derivative instruments have proliferated,» the U.S. Court of Appeals in New York said in the ruling.A U.S. appeals court on Monday revived private antitrust litigation accusing major banks of conspiring to manipulate the Libor benchmark interest rate, in a big setback for their defense against investors» claims of market - rigging.

The 2nd U.S. Circuit Court of Appeals in Manhattan reversed a lower court judge's dismissal of investors» antitrust claims against 16 banks, including Deutsche Bank AG, UBS AG, Bank of America (bac) and J.P. Morgan because she found no showing of anticompetitive harm.

Last March, Sprout's investors filed a lawsuit against Valeant claiming it overcharged consumers for the pill and failed to successfully commercialize it.

On June 25, 2014, Retrophin's Board approved a settlement with the noteholders whereby Retrophin agreed to issue 401,047 restricted shares of Retrophin common stock to the investors in exchange for a release of any claims against Retrophin.

Other legal fights related to Uber include its battle with self - driving car company Waymo, which is suing Uber for allegedly stealing trade secrets, and a lawsuit filed by investor Benchmark against former chief executive officer Travis Kalanick claiming breach of contract.

While the Bank of Portugal said the Banco Espirito Santo can avoid «contagion risks,» investors facing losses on the notes may try to make a claim against the bank, according to a Bank of America Corp. report.

He successfully argued against forum non conveniens dismissal, obtaining the first ruling after the Supreme Court's decision in Morrison v. Nat» l Australia Bank Ltd., 130 S. Ct. 2869 (2010) to permit foreign investors pursuing foreign law claims to seek recovery for losses on a foreign stock exchange in a U.S. court.

Partner Matthew Tuccillo successfully argues against dismissal of foreign investor claims in U.S. court

On May 2, 2014, the United States District Court for the Eastern District of New York gave preliminary approval to a settlement of $ 280 million to resolve claims against JPMC that it misled investors in billions of dollars» worth of mortgage backed securities.

An «investor» can be any citizen (corporate or individual) of any of the three Party countries (Canada, Mexico, U.S.), who has an investment in one of the three Party countries, but can not bring a claim against his / her own country.

NAFTA Chapter 11 allows investors, whether corporate or individual, to bring a claim against one of the three Parties» governments.

Investors claimed it involved insider information, giving the company's internal staff an advantage over them and leading to class - action lawsuits against the exchange.

Investors need to be compensated for taking a risk and one of the mechanisms the Canadian tax structure has in place to do that is to claim capital losses against capital gains.

WFI has been a proactive advocate by informing, educating and facilitating individual investor participation in the Stichting Volkswagen Investors Claim, a nonprofit foundation established in the Netherlands to represent the interests of victims in seeking a resolution of investor claims against VW.

This book inoculates investors against perverse risk - taking, and makes them more skeptical about the claims of hot investors.

«By providing a systematic approach to addressing these mortgages, lenders actually protect themselves against claims by investors or others who feel that they are arbitrarily changing or modifying the loans,» Bernanke said.

Investors began a lawsuit against EA claiming that they had been misled about the product.

One of Wall Street's biggest investors, Steven Tananbaum, has filed a lawsuit against artist Jeff Koons and the New York Gagosian Gallery, claiming that they have failed to deliver three Koons sculptures, despite taking hefty deposits and payments from collectors.

Please do not continue to accept stakeholders» perspectives without balancing their claims, which are based on projections of huge financial gains for the renewable energy entrepreneurs and investors or on idealistic environmentalists, against solid scientific research (governmental, academic and independent consultants in Ontario, Canada and internationally).

Many are against the project, claiming that it is really much more global; it is apparently owned by a Boston based hedge fund, the Baupost Group, run by value investor Seth Klarman.

On the one hand, foreign investors can bring a claim before a domestic court against the host - state, invoking domestic standards of protection.

First, with regard to the judicial avenues foreign investors have against host - states, three come to mind: (a) bringing a claim before an investor - state tribunal; (b) bringing a claim before a domestic court, based on domestic and / or international standards of protection; and (c) private commercial arbitration based on a contract between the investor and the host ‑ State.

The approach followed by the Commission, according to which the private investor test could not be applied to the conversion into capital of a tax claim, since a private investor could never hold a tax claim against an undertaking, was rejected by the General Court in first instance.

If a third state investor brings a claim against a member state, it may well be that the tribunal will have to interpret (or even apply) EU law in similar ways as tribunals established under intra-EU BITs.

Contrary to the Stockholm District Court, the Svea Court of Appeal found that the arbitral tribunal lacked jurisdiction to adjudicate the claim made by Spanish investors against the Russian Federation originating from the alleged expropriation of the Spanish investor's investments in Yukos Oil Company.

Following a successful claim against a fund manager, the High Court made a non-party costs order against five investors in the fund who had met the costs of the defence, had an interest in the outcome of the claim (which need not be financial), and had control over the litigation by making major decisions.

He is also advising foreign investors with potential claims against several African governments, and arbitrating a multi-million UNCITRAL dispute against an African state over a failed power infrastructure project.

An investor - State tribunal, chaired by Neil Kaplan QC, has ruled that it has no jurisdiction to hear Turkcell's claims against the Islamic Republic of Iran under the Turkey - Iran bilateral investment treaty.

Q. Opponents of the investor - state dispute provisions of the TPP (and other free trade agreements) say that the US has never lost a claim — presumably meaning against it, not claims brought by it or its investors that did not succeed.

Opponents of the investor - state dispute provisions of the TPP (and other free trade agreements) say that the US has never lost a claim — presumably meaning against it, not claims brought by it or its investors that did not succeed.

This case follows on from the recent judgment in Sanum Investments Ltd v Government of the Lao People's Democratic Republic [2016] SGCA 57, in which the Singapore Court of Appeal found that an investor - State arbitral tribunal did have jurisdiction to hear claims against the Government of Laos.

The lawsuit claims that the company misled investors about their financial situation and inflating the stock value by misrepresenting how BlackBerry 10 would fare on the market against competitors.

However, the agreement is discriminatory, in that only investors from the home state and their subsidiaries may bring a claim against the host state before an ISDS tribunal.

Represented receiver in claim brought in the U.S. District Court for the Northern District of Illinois against the directors and officers of AA Capital Partners, Inc., an SEC - registered investment advisor, in a $ 60 million claim for violations of ERISA, breach of fiduciary duty, fraud, and conversion arising out of alleged misappropriation and misuse of investor funds.

Counsel to a major Russian group on an investor - state claim against a CIS state relating to a debt arising out of energy investments.

Representing the French investor in an ICSID arbitration against Hungary over claims in connection with the state's take - over of the prepaid meal and services vouchers sector under the France - Hungary Bilateral Investment Treaty

a Malaysian - based investor in successfully obtaining a NZ$ 3m judgment against a former joint venture partner, involving breach of fiduciary duty and dishonest assistance claims

Represented a US investor in a claim against a Caribbean state concerning the redevelopment of an offshore oil field.

In Colombia, a series of significant claims against the State for an alleged breach of its obligations under free trade agreements or investment protection agreements has shown that arbitration is one of the most important tools at the disposal of independent investors to protect them against the possible breach of these agreements.

We routinely handle cross-border commercial disputes in connection with joint ventures, corporate transactions or IP rights, suitability claims against brokerage firms, as well as investor - state disputes, including claims of expropriations.

Former partner of a firm of solicitors — representing a former partner of an established firm of solicitors against claims of negligence, breach of FSMA and dishonest assistance brought by over 500 investors in technology schemes which were designed to be tax efficient and valued at about # 90m.

Private investors — High Court proceedings against a Russian bank in claims exceeding # 25m under bonds on which the debtors have defaulted.

ISDS provisions allows investors from the signatory states (whether individuals or corporations) to bring a claim for compensation or other relief directly against another signatory state where an investment in the host state has been subject to treatment that breaches the investment protections set out in the TPP.

Representation of investor in expropriation claim against the Russian Federation in BIT arbitration in Stockholm that secured the first award holding that the Russian measures taken against Yukos Oil Company amounted to expropriation

The prominent Aussie firm has secured backing from Litigation Funding Partners (LFP) to pursue a shareholder claim against wealth management giant AMP, which is accused of a slew of misdeeds, including a breach of its continuous disclosure obligations to investors....

At Foley Hoag, he will be defending sovereign State clients against claims by investors before the International Centre for the Settlement of Investment Disputes (ICSID) and other arbitral tribunals.

The team recently represented a Yorkshire - based property investor in a lease renewal dispute, and defended Yorkshire - based farming clients against a damages claim related to trespassing.

Represented Barbados investor in ICSID arbitration against the Venezuelan government involving claims, under the Barbados - Venezuela bilateral investment treaty, with respect to automotive industry investment and restrictions on foreign exchange and importation