Tuesday, 2 September 2014
Last updated 7 hours ago
Oct 23 2013 | 11:32am ET
Argentina has a new lawyer in its battle against hedge fund creditors.
The country has hired former U.S. Solicitor General Paul Clement to represent it. The country is appealing rulings ordering it to pay holdouts from its 2001 debt default, led by Elliott Management. If its appeals fail, it could push the country into a second default.
Clement served as solicitor general, who represents the U.S. government before the Supreme Court, during President George W. Bush's second administration. The high court earlier this month denied Argentina's bid for a hearing, but is likely to consider the case again following a ruling by a lower appeals court.
Should the case reach the Supreme Court, Clement would likely face off against his predecessor as solicitor general, Ted Olson, who held the office during Bush's first term. Olson serves as Elliott's lead lawyer in the case.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...