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Freitag, 23. November 2012

Personally, I don’t think that the Supreme Court will show much interes

Personally, I don’t think that the Supreme Court will show much interest. This is a civil case, different circuits haven’t come to differing decisions on the matter, and, when it comes to matters of finance, the Second Circuit has all the expertise. Still, it’s worth noting that one of the largest holders of exchange bonds, Gramercy Advisors, has hired David Boies to represent it and to fight Griesa’s rulings. Boies is up against his old adversary (and occasional ally) Ted Olson, here: Olson is representing Elliott.

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