Tag Archives: legal challenge
SRM Global loses Northern Rock compensation appeal
Times Online – SRM Global, the hedge fund that became the largest shareholder in Northern Rock, said yesterday that it would continue its fight for government compensation after losing its second legal challenge. The fund, which owned 11.5% of Northern […]
Northern Rock: ex-shareholders lose compensation challenge
Independent – Former shareholders in nationalised bank Northern Rock failed today in a renewed legal challenge to the Government’s "zero return" compensation scheme. The Court of Appeal in London dismissed an appeal by individual shareholders – including current and retired […]
New Group of Creditors Tries to Block Chrysler
Washington Post – The government-orchestrated sale of Chrysler to Italian carmaker Fiat is facing a fresh legal challenge from some of the American carmaker’s lenders, which are trying to take the fight to federal district court. Pension funds representing Indiana […]
