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Governance & Regulations US Settled
Section 1782 Proceedings in the US: Privacy Warning
Many institutional clients value anonymity about their participation in non-US group (opt-in) recovery efforts, particularly sovereign...
Case Spotlight
Case Update: PG&E Bankruptcy, A Non-Standard Recovery Effort
We are pleased to see FRT’s unique service model for the PG&E bankruptcy starting to bear fruit for clients. After 26 rounds of...
Global Recovery Governance & Regulations
Impact of PACCAR on UK Securities Claimants
On July 26, 2023, the UK Supreme Court issued a decision in the PACCAR case[1] holding that Litigation Funding Agreements (LFAs) that...
Global Recovery Governance & Regulations
Ensuring Your Non-US Recovery Program Harvests Low-Hanging Fruit
The below is an excerpt from the full report that includes recent examples of ‘low-hanging fruit’ opportunities and is only...
Global Recovery US Settled
The Overlooked Importance of US Securities Class Actions for Non-US Investors
Each year, more than 200 securities class actions are filed in US federal courts. About 20% of these are against companies domiciled...
Case Spotlight US Settled
Case Spotlight: Wells Fargo – The Importance of Case Pace on Settlements
On May 16, 2023, the court granted preliminary approval for a $1B settlement of the securities class action against Wells Fargo. If...
Case Spotlight US Settled
Case Spotlight: Will the proposed Kraft Heinz settlement ‘cut the mustard’ with investors?
Hot dog! On May 11, 2023, the court granted preliminary approval of a $450 million cash settlement of the securities class action...
Case Spotlight Global Recovery
Non-Standard Case Spotlight: Credit Suisse Bondholder Administrative Appeal
Following the March 19, 2023, decision by the Swiss Financial Market Supervisory Authority (FINMA) fully writing down their value (the...
Case Spotlight
Case Update: PG&E Bankruptcy, A Non-Standard Recovery Effort
PG&E Bankruptcy recovery efforts continues to drag through the bankruptcy court. Since our last update, debtors started making...
SEC Fair Funds
Securities Class Actions Settlements and SEC Fair Funds: What’s the Difference?
Securities class action settlements and Securities and Exchange Commission (SEC) Fair Funds look similar. Both involve compensation to...