In Lee et al. v Binance, No. 22-972, 2024 U.S. App. LEXIS 5616, 96 F.4th 129 (2d Cir. March 8, 2024), the US Court of Appeals for the Second Circuit reversed the district court’s dismissal of securities fraud class action claims against Binance, an international cryptoasset platform. The Court of Appeals held that purchasers plausibly alleged that transactions on the exchange which disclaimed having any physical location were domestic, thereby potentially subjecting Binance to US securities laws.
30 SEP 2024IMN’s 11th annual Euro CLO Forum took place in London in March 2024. Below is a summary of the event’s key takeaways and industry perspectives from the conference.
28 JUN 2024This In Practice article sets out what a skilled person report is, what a skilled person report can be commissioned for, what the consequences are for an entity in practice and considers how often skilled person reports are commissioned by the regulators.
1 APR 2021With the rise of cryptocurrency, fraud involving cryptocurrency has also grown exponentially. In the first of this series, as a high-level overview, we explore different methodologies and approaches to tracing, freezing and recovering cryptocurrency in Hong Kong, Singapore and other common law jurisdictions.
1 OCT 2021In this In Practice article the authors summarise the key features of the proposed changes to the UK listing regime.
1 JUL 2023Iain Balkwill considers the differences between CRE CLOs and European CMBS and the rationale for their application.
1 OCT 2022