Withers, Reynolds Porter, Quinn Emanuel, Pallas Partners and Clyde & Co are all also acting for investors on their claims in relation to the write-down of Credit Suisse's AT1 bond.
May 20, 2024 at 02:54 PM
4 minute read
Asia Editor
Litigation funding firm Omni Bridgeway is working with Singapore firm Drew & Napier, one of the city-state’s Big Four firms, to fund its claimants’ legal fees in a class action lawsuit against the Swiss Financial Market Supervisory Authority.
Investors are challenging the write-down of $17 billion worth of Additional Tier-1 (AT1) bonds issued by Credit Suisse.
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