Client Alert
| September 25, 2008
The Assignability of 10b-5 Claims in the Context of the Purchase and Sale of Distressed Securities
This Client Alert may be of interest to anyone touched by the subprime/credit crunch meltdown, and especially purchasers and sellers of distressed securities. As distressed securities trade with greater frequency, some purchasers and sellers are beginning to investigate the feasibility of also including related potential securities law claims as part of the trade. If the proposed federal "Bailout Bill" passes and has its intended effect, one would expect to see markedly increased interest in this topic.
For more information, please contact your Dewey & LeBoeuf relationship partner, or one of the following:
This memorandum is intended only as a general discussion of these issues. It is not considered to be legal advice. We would be pleased to provide additional details or advice about specific situations. For additional information on this important topic, please feel free to call upon your Dewey & LeBoeuf relationship partner. No part of this publication may be reproduced, in whole or in part, in any form, without our prior written consent.
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