Amendment in the Nature of a Substitute – American Privacy Rights Act (Joint Trades)
SIFMA, American Bankers Association (ABA), America’s Credit Unions (ACU), Bank Policy Institute (BPI), Consumer Bankers Association (CBA), and the Independent…
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, American Bankers Association (ABA), America’s Credit Unions (ACU), Bank Policy Institute (BPI), Consumer Bankers Association (CBA), and the Independent…
SIFMA provided comments to the Internal Revenue Service (IRS) on the 2024 proposed required minimum distribution regulations.
Court: Ohio Supreme Court Amicus Issue: Whether a broker-dealer or banker may be held liable under Ohio’s aiding and abetting…