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Sunday, 11 April 2021 09:51 | Written by Katharina Bart
Lawyers Settle Into Credit Suisse Wreckage
Amid reported interest for Credit Suisse s troubled asset management arm, a coterie of securities lawyers are settling in on various sides.
The blow-up of Credit Suisse s $10.1 billion range of supply chain funds is quickly becoming a legal matter:
George Kintis of Britain s Alcimos said he is preparing a grouped claim for damages against Credit Suisse, «Sonntagsblick»
(in German) reported.
Alcimos, which describes itself as exploiting opportunities created by dislocations in the financial services space,» is working together with Quinn Emanuel Urquhart & Sullivan s
Volker Rosengarten in Zurich,
as well as Genevan firm Chabrier and Strelia in Luxembourg. Swiss law doesn t provide for class-action lawsuits akin to U.S. securities law.