Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Fund manager enters Chapter 11 to halt award enforcement

By Douglas Thomson

17 October 2019

Fund manager enters Chapter 11 to halt award enforcement istock.com/matthewleesdixon

An alternative investment manager advised by Pachulski Stang Ziehl & Jones has filed for bankruptcy, seeking shelter from an arbitration award in favour of the creditors of one of its hedge funds, which collapsed during the global financial crisis.