Supplemental Comments on Digital Asset Markets (Joint Trades)
SIFMA and joint associations provided additional comments to the President’s Working Group (PWG) on Digital Asset Markets Chair in support…
Court:
U.S. Supreme Court
(petition for writ of cert.)
Amicus Issue:
Whether (i) the avoidance/recovery provisions of the Bankruptcy Code permit a debtor to clawback transfers made from a foreign fund to foreign investors, or whether such claims are barred by the presumption of extraterritoriality, and (ii) the doctrine of international comity warrants the dismissal of the Trustee’s claims because of the conflict those claims pose with the liquidation proceedings of the feeder funds, which are pending in the BVI, the Cayman Islands, and other offshore jurisdictions.
Counsel of Record:
Walden Macht & Haran LLP
Jeffrey A. Udell
George W. Kroup
Devon Little
Richard A. Fox
Other Amici:
U.S. Chamber of Commerce
Institute of International Bankers
SIFMA and joint associations provided additional comments to the President’s Working Group (PWG) on Digital Asset Markets Chair in support…
SIFMA AMG provided comments to the Treasury Markets Practices Group (TMPG) on the Consultative White Paper and Proposed Best Practice…
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on the Invitation to Comment - Financial Key Performance Indicators…