May 15 2013 | 1:51pm ET
A New York court threw out a collateralized debt obligation lawsuit against Goldman Sachs, leaving Paulson & Co. to defend the allegations alone—for now.
The New York State Supreme Court's Appellate Decision dismissed ACA Financial Guaranty's lawsuit, which accused Goldman and Paulson of misleading it about the hedge fund's role in the CDO. The court ruled that ACA should have known what was going on, calling the firm a "highly sophisticated commercial entity."
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…