Credit Suisse AT1 Case
Arbitrator finds Credit Suisse write-down trigger never fired
An ICC arbitrator found that Credit Suisse’s contracts did not permit the write-down of former foreign-exchange chief Matthew Mitchell’s three Contingent Capital Awards. UBS is now asking a New York federal court to vacate the $1.06m ruling while confirming the $557,498 award it won in the same dispute.
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Credit Suisse AT1 Arbitration moves behind closed doors as Switzerland’s paper trail stays hidden
A newly published ICSID order shows that the Credit Suisse AT1 arbitration will largely unfold behind closed doors. Hearings, evidence and key Swiss and FINMA files may remain hidden, even as Bern seeks security for costs.
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Credit Suisse answers AT1 fraud suit — but offers investors little beyond denials
Credit Suisse, Ulrich Körner and Axel Lehmann have filed their formal answer to the AT1 fraud complaint brought by Palomino, Azteca and Appaloosa. The defence denies wrongdoing, leans on standing, reliance and causation arguments, and says the challenged statements speak for themselves. For investors, the issue remains stark: what did the bank know before its March 2023 rescue?
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Credit Suisse AT1 fraud claims survive in New York, extending UBS legacy exposure
A U.S. judge has allowed investors suing over Credit Suisse’s 2023 AT1 wipeout to pursue securities-fraud claims in New York, keeping alive a case centred on what the bank told the market before its rescue by UBS.
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Credit Suisse AT1 Case: The Last-Minute Professors
When scholars with regulatory pedigrees attack a non-final court ruling in a live AT1 appeal—and...
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Switzerland’s AT1 Shock: Court Says Credit Suisse Bond Wipeout Was Unlawful
The Swiss Federal Administrative Court has ruled that the forced write‑off of Credit Suisse’s...
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Credit Suisse Case: Minister Mauer’s statements were not wrongful, Swiss Supreme Federal Court says
Statement of reasons released for the ruling rejecting a liability action against the Swiss...
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New York AT1 Lawsuit: Credit Suisse and FINMA Claim Privilege, again
Another Wall of Secrecy: the Collapsed Bank and the Swiss Financial Regulator Stretch “Legal...
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Credit Suisse AT1 Bondholder Lawsuit Moves to Discovery
The legal battle over Credit Suisse’s dramatic collapse just took a sharp turn. A U.S. federal...
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Credit Suisse AT1 Case: Investors Call, Swiss Supreme Court Responds
The Swiss Supreme Court has ordered the Swiss Federal Administrative Court to explain the delays...
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Credit Suisse AT1 Case: Quousque tandem, Swiss Federal Administrative Court?
The first appeals to the Swiss Federal Supreme Court for delayed justice are on their way On March...
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Report of the Swiss Parliamentary Commission of Inquiry into the Credit Suisse affair: the mountain gave birth to a mouse
You can now listen to Antigua News articles! By Dario Item It was a unique opportunity to identify...
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