Prime Brokers, Take Note

A recent decision issued by the Bankruptcy Court for the Southern District of New York (the 'Bankruptcy Court') in <i>Gredd v. Bear, Stearns Securities Corp. (In re Manhattan Inv. Fund Ltd.)</i>, 2007 WL 60843 (Bankr. S.D.N.Y. Jan. 9, 2007) represents a significant event for securities firms, with potentially far-reaching implications for prime brokers.

22 minute readJune 27, 2007 at 10:15 AM
By
Robert W. Dremluk
Prime Brokers, Take Note

A recent decision issued by the Bankruptcy Court for the Southern District of New York (the 'Bankruptcy Court') inGredd v. Bear, Stearns Securities Corp. (In re Manhattan Inv.

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