We are pleased to share a significant win for our clients in the Hunkemöller case – as the New York State Supreme Court allowed key breach of contract claims to proceed over the company’s motion to dismiss.
This is a closely watched case with significant implications for the capital markets, both in the US and Europe, and the Court’s ruling upholds critical protections for minority creditors in liability management exercises.
The case is proof of concept for our cross-border restructuring litigation practice. The Pallas team is led by partner Duane Loft in New York and partners Natasha Harrison, Fiona Huntriss and Neil Pigott in London.
Congratulations to the team on this important early victory!
Read more here.