Madoff fraud - newsflash - 30.07.2014

In the context of the Madoff fraud, an important judgment was handed down by the Luxembourg Court of Appeal on 15 July 2014 in relation to the Sicav LUXALPHA. Read more about the Madoff fraud in the document below

30/07/2014

In the context of the Madoff fraud, an important judgment was handed down by the Luxembourg Court of Appeal on 15 July 2014 in relation to the Sicav LUXALPHA. The appeal judgment largely confirms the legal developments of the first instance judgment of the District Court dated 4 March 2010. It is i.a. confirmed that shareholders of a Luxembourg UCITS have no direct claim against the depositary bank on the basis of Article 36 of the Law of 20 December 2002 on undertakings for collective investment. Read more about the Madoff fraud in the document below

Contacts

François Warken

Partner

Finance & Capital Markets

Clara Mara-Marhuenda

Partner

Restructuring & Insolvency, Litigation & Dispute Resolution

YOU MIGHT ALSO WANT TO DISCOVER

08/02/2024
Arendt appoints four new Partners

These appointments underscore Arendt's commitment to further developing its strategy, aimed at providing clients with comprehensive guidance across all facets of their projects, showcasing the breadth of our expertise and support.

Read More_