Photo: Stefan Wermuth/Bloomberg Quinn Emanuel Gets Swiss Regulator to Release Decree in Credit Suisse Bondholder Battle
For the first time, Credit Suisse bondholders have access to the decree by which the value of their investment was slashed.
May 19, 2023 at 05:21 AM
2 minute read
Quinn Emanuel Urquhart & Sullivan has helped a group of investors score an initial victory that might boost their chances in their claim against the Swiss financial regulator, following Credit Suisse's wipeout of $17 billion worth of bonds earlier this year.
In the latest development in the bondholder wrangle, the Swiss financial regulator Finma has been ordered to divulge the decree that allowed the write-down of the AT1 bonds.
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