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What Is Your Position? Swaps, Groups and Equity Ownership After CSX Corporation v. The Children's Investment Fund |
July 17, 2008
Previously published on July 2008
On June 11, 2008, CSX Corporation v. The Children's Investment Fund held that two hedge funds had violated Section 13(d) of the Securities Exchange Act by failing timely to disclose cash-settled total return swaps (TRSs) in CSX's common stock.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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