Law
Europe
US/EUROPE - US Treasury secretary Timothy Geithner has written to four European finance ministers urging them not to discriminate against foreign players in the alternative investment space as they continue negotiations on the Alternative Investment Fund...
07 April 2010
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Law
The WTL International Retirement Benefits Scheme's claim of breach of contract and negligence against Scottish Widows has been rejected in the courts.
22 March 2010
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US
US - The San Diego County Employees Retirement Association (SDCERA) has said it will appeal against a New York court decision preventing it from recouping its investment in a collapsed hedge fund.
19 March 2010
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Netherlands
NETHERLANDS/BELGIUM - A group of Dutch and Belgian investors is planning to sue ABN Amro and KBC who acted as counterparties in trades with Lehman Brothers and Ernst & Young who audited the bank's accounts.
19 March 2010
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US
NETHERLANDS/US - Dutch asset manager APG has filed a suit against Bank of America (BofA) alleging the firm misled shareholders in the lead-up to its acquisition of Merrill Lynch.
17 March 2010
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Law
US - Former chief investment officer at the office of the New York State comptroller David Loglisci has pleaded guilty in the on-going investigation of pay-to-play kickback schemes at the New York State Common Retirement Fund (CRF).
11 March 2010
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US
US - The International Brotherhood of Electrical Workers Local 98 pension fund (IBEW) has sued Goldman Sachs accusing the firm of excessive bonus payments.
10 March 2010
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Ireland
IRELAND - The Irish government unveiled a set of sweeping reforms to the country's pension system which include raising the state retirement age to 68 and the introduction of a mandatory scheme for all workers in the coming years.
04 March 2010
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United Kingdom
UK/NETHERLANDS - The Enterprise Chamber of the Amsterdam Court of Appeals has rejected a request by Hermes and the Universities Superannuation Scheme to investigate Canon's tender offer worth €730m (US$998.4m) to buy Océ.
04 March 2010
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Europe
EUROPE - The current version of the Alternative Investment Fund Managers (AIFM) directive does not have the qualified majority support in the in the European Council (EC) needed to pass, a document by the EC showed.
02 March 2010
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