Tag Archives: liquidation

The Top Three Activist Plays

StockPickr.com – Wexford Capital is opposing the proposed acquisition of Bronco Drilling (BRNC) by Allis-Chalmers (ALY). Wexford Capital believes the deal “is not in the best interest of Bronco shareholders.” Bronco Drilling provides contract land drilling and workover services to […]

E&Y wins Caymans hedge fund row

The US Supreme Court has thrown out negligent audit claims made against Ernst & Young in the wake of a hedge fund collapsing. Liquidators sued the firm’s Cayman Islands unit, accusing E&Y of performing a below-par audit of the Beacon […]

More on Goldman’s Toronto hedge-fund office

Globe and Mail- Friday, the Ontario government put out a release announcing that the government is "thrilled’ to welcome to Toronto a new arm of Goldman Sachs Administration Services, the part of Goldman Sachs Group Inc. that helps hedge funds […]

Harneys announces merger with Cayman Islands firm

Legal Business Online- Offshore law firm Harney Westwood & Riegels has announced a merger with Cayman Islands firm CS Gill & Co. The merged firm, trading under the Harneys banner, will open in CS Gill’s existing premises in the Genesis […]

Hedge funds lobbying with stealth

Politico.com- Sometimes in Washington, stealth is more important than strength. In recent years, hedge fund managers, who oversee those secretive and lightly regulated pools of billions of dollars of investment capital, have gotten increasingly worried about whether Washington will change […]