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Bondholders at Credit Suisse sue Swiss regulator after $5 billion write-off

This is the first major lawsuit in the public domain over the regulator’s decision to render around $18 billion worth of Credit Suisse’s Additional Tier 1 (AT1) debt worthless during the rescue deal
Quinn Emanuel Urquhart Sullivan Thomas Werlen Switzerland Financial Market Supervisory Authority Credit Suisse Additional Tier Financial Market Supervisory Authority

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