Drew & Napier, Withers to collaborate on claims against Switzerland over Credit Suisse AT1 losses

Drew & Napier, Withers to collaborate on claims against Switzerland over Credit Suisse AT1 losses

The Singapore firm has filed arbitration for Japanese claimants; expects to file for Singapore, Hong Kong groups by Q1 2026 [SINGAPORE] Drew & Napier, one of Singapore’s largest law firms, and international law firm Withers are collaborating on their claims against Switzerland for its forced write-down of Credit Suisse’s Additional Tier-1 (AT1) bonds. The two…

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Drew & Napier to sue Switzerland over Asia losses on AT1s

Drew & Napier to sue Switzerland over Asia losses on AT1s

ONE of Singapore’s biggest law firms is set to file claims against the Swiss government by the end of the year, seeking compensation for hundreds of Asian bondholders of Credit Suisse Additional Tier-1 (AT1) debt that was wiped out in 2023. Drew & Napier plans to go ahead with so-called investment treaty claims for Japanese…

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Drew & Napier engages litigation funder Omni Bridgeway for suit on Credit Suisse AT1 write-down 

Drew & Napier engages litigation funder Omni Bridgeway for suit on Credit Suisse AT1 write-down 

LAW firm Drew & Napier has engaged litigation financing company, Omni Bridgeway, to fund its claims against Switzerland related to the forced write-down of Additional Tier-1 (AT1) bonds in March 2023. The firm is leading an action against the Swiss government, to recover investors’ losses from the write-down arising from UBS’ takeover of Credit Suisse.…

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