Deutsche Bank AG lost another battle in a long-running fight to recoup hundreds of millions of dollars it says it is owed by interests of Norwegian billionaire investor Alexander Vik when the Third Circuit upheld a lower-court ruling in favor of what the bank alleges is a Vik-controlled shell company.
Deutsche Bank AG lost another battle in a long-running fight to recoup hundreds of millions of dollars it says it is owed by interests of Norwegian billionaire investor Alexander Vik when the Third Circuit upheld a lower-court ruling in favor of what the bank alleges is a Vik-controlled shell company.
Insurance matters figure largely in the Third Circuit's October argument lineup, which will find panels examining Young Conaway Stargatt & Taylor LLP's involvement in future asbestos litigation claims and delving into Blue Cross's denial of heart monitor coverage.
Insurance matters figure largely in the Third Circuit's October argument lineup, which will find panels examining Young Conaway Stargatt & Taylor LLP's involvement in future asbestos litigation claims and delving into Blue Cross's denial of heart monitor coverage.
Archegos and the $10trn world of family offices
As wealth becomes ever more concentrated, private fortunes are being managed in family offices. But people inside this rarefied world are realising the boom times of light oversight are behind them.
The super-rich face challenges that the rest of us do not have to consider.
Robin Wigglesworth, Laurence Fletcher and Katie Martin
Apr 6, 2021 – 12.15pm
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The super-rich face challenges that the rest of us do not have to consider: yacht maintenance, selecting the right fleet of private jets, finding boarding schools for their offspring. Thanks to their roughly $US6 trillion ($9.8 trillion) in combined family wealth, they have to worry about Bill Hwang, too.