Our Founder and Managing Partner Natasha Harrison provided invaluable insights into the Credit Suisse takeover at the recent Global Restructuring Review Live: Contentious Insolvency & Restructuring Conference.
Natasha highlighted how emergency powers were “abused” when the Swiss Financial Market Supervisory Authority (FINMA) allowed UBS to take control of Credit Suisse in 2023.
Pallas Partners is currently representing two groups of Credit Suisse’s AT1 bondholders in litigation against FINMA over the decision.
“Watch this space, litigation to follow, or continue,” highlighted Natasha.
