CRA’s financial markets experts consulted a defendant who was clearing trades for a hedge fund that was conducting a Ponzi scheme. Our experts quantified the effects of improper reporting of trades to investors as a result of the Ponzi schemer moving trading losses into an unmonitored account and reporting only the results of profitable investments.
Project finance basics for International Arbitration practitioners
Lenders often depend exclusively on project revenues for repayment, so any operational or regulatory disruption can quickly jeopardize covenant compliance and...