New York partner Kay Gordon and counsel Heath Rosenblat published an article in BNA’s Bankruptcy Law Reporter titled, “Offshore May No Longer Mean Out of Reach in Restructuring.” The article was also published in the Securities Regulation & Law Report and featured as the Focus article in the October 2015 issue of World Securities Law Report.

Kay and Heath discuss how the United States’ increasing jurisdictional reach over the actions and assets of a foreign funds and managers is now finding its expression in restructuring, most recently in September 2014 decision issued by the Second Circuit in Fairfield Sentry Ltd. v. Farnum Place, LLC (In re Fairfield Sentry Ltd.) that addressed matters concerning a sale of a claim from a SIPA proceeding.

The article notes the sweeping changes that have impacted the private fund and investment adviser regulatory environment in recent years and delves into relevant case law on the topic.

Read “Offshore May No Longer Mean Out of Reach in Restructuring” here.

Source: BNA’s Bankruptcy Law Reporter, also published in the Securities Regulation & Law Report and then featured as the Focus article in the October 2015 issue of World Securities Law Report
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