Legal Complaint Filed Over Swiss Delay in CS AT1 Case
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Legal Complaint Filed Over Swiss Delay in CS AT1 Case
A law firm has filed a complaint over the long time taken by the Swiss court in addressing claims on the write-down of Credit Suisse’s Additional Tier 1 bonds. A law firm has filed a complaint with the Swiss Federal Supreme Court over a delay by a tribunal in dealing with investor claims on the write-down of 16 billion Swiss francs ($20 billion) of Credit Suisse AT1 bonds during the government-brokered UBS rescue, according to a «Reuters» report…
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