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...“My female colleagues also found it impossible to continue to work without full support from their parents or in-laws for childcare,” she says....
...Under fund manager Bill Hwang, Archegos made tens of billions of dollars of bets on US and Chinese stocks by borrowing heavily from banks, which had to be rapidly unwound when the value of the companies...
...Mike Ashley gets Hwanged At first glance, Mike Ashley and Bill Hwang don’t appear to have much in common....
...The US has led the way, with state-led transparency laws rolled out in New York last November....
...Credit Suisse commissioned its own investigation into its failings over Archegos, which was carried out by law firm Paul Weiss....
...Smart reads Out of office Rebecca Maslen-Stannage has broken through law’s male-dominated top ranks to become the first female chair of law firm Herbert Smith Freehills....
...the law”....
...Archegos and Hwang are being advised by US law firms King & Spalding, Kellogg Hansen and Gibbons, as well as PR veteran Michael Sitrick. Additional reporting by Eric Platt in New York...
..., former directors Severin Schwan and Andreas Gottschling, and a host of others could potentially be liable to shareholders if they are found to have made misleading or incorrect statements under Swiss law...
...John Coffee, professor at Columbia Law School, said the tough forfeiture penalties linked to US racketeering laws may be “the number one reason” authorities included this charge....
...The ultimate check on bad behaviour is, first, the risk of losing a fortune — Hwang is likely to have been wiped out financially. The second is law enforcement holding you accountable....
...Prosecutors allege that Hwang and Halligan operated two interrelated criminal schemes....
...However, a 2021 report from the law firm Paul Weiss into Credit Suisse’s $5.4bn in Archegos losses said its Wall Street counterparties knew Archegos had tended to make concentrated bets....
...Netflix paid me according to the original contract”, Hwang Dong-hyuk, the creator of the show, said last year....
...Under the law, only loans to shareholders with at least 10 per cent of the equity need to satisfy special conditions....
...Almost 200 hedge fund firms can trace their origins back to Tiger Management, including Bill Hwang’s Archegos Capital Management, which blew up spectacularly in 2021....
...Switzerland has a long history of the rule of law. The Swiss Franc is very stable. Switzerland has its historic bank secrecy laws. Clients can be guaranteed a huge amount of discretion....
...The report from Paul Weiss atones for the feebleness of a previous brief report into spying allegations by another law firm that sought to limit blame....
...Four months after the Archegos loss, Credit Suisse published a report into its own failings, which it had commissioned from law firm Paul, Weiss....
...Bill Hwang negotiates with some of Wall Street’s biggest banks Just how much money does Archegos Capital Management, the family office run by former hedge fund trader Bill Hwang, have to repay the group...
...“Clearly, it is a failure to make a proper filing,” said Brian Quinn, an associate professor of law at Boston College....
...“We quickly set up a team of eight people to study the economic sanctions and US export laws,” James Hwang, chair of Taiwan’s Getac Holdings, told Nikkei Asia....
...A handful of global banks that had Archegos as a prime broking client lost a total of $10bn when the family office, run by former Tiger Global hedge fund manager Bill Hwang, collapsed in March....
...Business: A battle with insurers looms after Moscow signed a law allowing jets owned by leasing groups to be re-registered in Russia despite sanctions....
...“It’s perceived as a neutral venue,” Gaby Smeenk, an Amsterdam-based partner at the law firm De Brauw Blackstone Westbroek, tells DD....
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