ASM Hudson River Fund
Re Grande (0186)
HK Court of Appeal, 24-Nov-2015
ASM Hudson River Fund wins its appeal, reversing the ruling of Judge Jonathan Harris. The court of appeal rules that the debt purchased from Deutsche Bank, relating to interest rate swaps, is neither contingent nor unliquidated, and therefore ASM had voting rights at the meeting of creditors. The fund is run by Argyle Street Management Ltd.
HK Court of Appeal, 24-Nov-2015
ASM Hudson River Fund wins its appeal, reversing the ruling of Judge Jonathan Harris. The court of appeal rules that the debt purchased from Deutsche Bank, relating to interest rate swaps, is neither contingent nor unliquidated, and therefore ASM had voting rights at the meeting of creditors. The fund is run by Argyle Street Management Ltd.
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