HEDGE FUNDS LOSE SUIT AGAINST BRAZIL UNDER IMMUNITIES LAW
Croesus EMTR Master Fund v. Federal Republic of Brazil
Three hedge funds have lost their bond default suit against the Brazilian government to a dismissal motion based on the Foreign Sovereign Immunities Act. The funds say they are out $146 million due to the court's ruling. Croesus EMTR Master Fund LP...
HEDGE FUNDS LOSE SUIT AGAINST BRAZIL UNDER IMMUNITIES LAW
Croesus EMTR Master Fund v. Federal Republic of Brazil