Deutsche Bank

1. SEC, Wall Street Lose Bid To Ease Communication Bars

Thursday, Mar 18, 2010

A federal judge has rejected a bid by a dozen Wall Street firms and the U.S. Securities and Exchange Commission to ease restrictions on some communications between research analysts and investment bankers prohibited by a 2003 settlement.

2. FHLB Seeks $19B ARS Refund From BofA, Others

Wednesday, Mar 17, 2010

The Federal Home Loan Bank of San Francisco has sued several securities dealers — including units of Bank of America Corp., Credit Suisse Group AG and Deutsche Bank AG — in a bid to have $19.1 billion of residential mortgage-backed securities refunded.

3. Fredrikson & Byron Reps Medtronic In $3B Debt Offering

Wednesday, Mar 17, 2010

Medtronic Inc. is planning to offer $3 billion of debt in a three-part sale, a move the medical device giant said would help generate cash for working capital and general corporate purposes, including possibly paying down its indebtedness.

4. Lyondell To Raise $3.25B To Finance Bankruptcy Exit

Friday, Mar 12, 2010

Dutch chemical company LyondellBasell Industries NV has announced that subsidiary Lyondell Chemical Co. will raise $3.25 billion through a first priority debt offering in order to finance its exit from bankruptcy.

5. Lyondell Wins Approval Of $450M Deal

Thursday, Mar 11, 2010

A bankruptcy judge has given the green light to LyondellBasell Industries AF SCA's $450 million deal with its unsecured creditors that resolves their objections to a settlement between the debtor and the lenders that financed the 2007 acquisition of Lyondell Chemical Co. by Basell Polyolefins, clearing the way for the Dutch chemical giant to leave Chapter 11.

6. Lyondell Rejects Reliance Bid

Monday, Mar 08, 2010

Dutch chemical giant LyondellBasell Industries AF SCA has filed a new disclosure statement that reflects a recent settlement with its unsecured creditors, rejecting a buyout bit from India’s Reliance Industries Ltd.

7. BNY Mellon Buys BHF Asset Servicing Arm For $343M

Monday, Mar 08, 2010

Bank of New York Mellon Corp. announced Monday that it would buy BHF Asset Serving GmbH for €253 million ($343 million) from European banks Sal. Oppenheim Jr. & Cie. SCA and BHF-Bank AG.

8. Oppenheimer Can't Make Deutsche Parent Arbitrate ARS

Thursday, Mar 04, 2010

A federal judge has denied Oppenheimer & Co. Inc.'s bid to force Deutsche Bank AG into arbitration before the Financial Industry Regulatory Authority as US Airways seeks to force the investment firm to buy back some $250 million in auction rate securities.

9. Plaintiffs Appeal Dismissal Of ARS Antitrust Class Suits

Tuesday, Mar 02, 2010

Plaintiffs have challenged the dismissal of two putative class actions accusing Citigroup Inc., UBS AG, Bank of America Corp., The Goldman Sachs Group Inc. and several other financial firms of violating antitrust laws in their presentation and marketing of auction rate securities.

10. Oppenheimer Settles With Mass., NY Over ARS

Wednesday, Feb 24, 2010

Investment firm Oppenheimer & Co. has agreed in separate deals with Massachusetts and New York officials to pay about $35 million to reimburse auction rate securities investors who suffered when the market dried up.

11. Insider Trading Takes Another Turn In The Spotlight

Monday, Feb 22, 2010

It has often been said that Hollywood relies on newer and bigger tellings of old stories. With federal officials pursuing a new wave of high-profile insider trading cases, it appears that the government is following a similar pattern, according to a report by Morrison & Foerster LLP.

12. Generali Ends Shareholder Pact Amid Antitrust Scrutiny

Wednesday, Feb 17, 2010

Facing scrutiny from Italy's competition regulator, Assicurazioni Generali SpA has agreed to terminate a shareholder pact with Credit Agricole relating to a merger that created the Italian bank Intesa Sanpaolo SpA.

13. Big Landlords, Tenants Waking Up To Green Leases

Wednesday, Feb 17, 2010

Landlords have traditionally been reluctant to perform energy-efficiency retrofits on buildings because most of the cost savings go to tenants, but environmental advocates and lawyers are finding ways to resolve this so-called split incentive through the green leasing movement.

14. Akamai Hits Deutsche Bank With $217M ARS Suit

Tuesday, Feb 16, 2010

Akamai Technologies Inc. has slapped Deutsche Bank AG with a lawsuit seeking to recover $217 million Akamai says was "wrongfully" invested in auction rate securities by a Deutsche Bank subsidiary.

15. Lyondell Eyes Swift Ch. 11 Exit After Creditor Deal

Tuesday, Feb 16, 2010

LyondellBasell Industries AF SCA has reached a deal with its unsecured creditors that resolves their objections to a settlement between the debtor and the lenders that financed the 2007 acquisition of Lyondell Chemical Co. by Basell Polyolefins, clearing the way for LyondellBasell to leave Chapter 11.

16. E-Trade Attys Snag $5.5M In Fees For Deutsche Feud

Monday, Feb 08, 2010

A federal judge has awarded E-Trade Financial Corp. and E-Trade Bank $5.5 million in attorneys’ fees for their breach of contract claim over their $60 million purchase of a Deutsche Bank AG special purpose entity.

17. Fontainebleau Loses Appeal Attempt In Lender Fight

Friday, Feb 05, 2010

A federal judge has rejected bankrupt Fontainebleau Las Vegas Holdings LLC’s attempts to appeal one ruling moving a dispute with its lenders out of bankruptcy court and another finding that lenders' decisions to cut off financing to the company's casino resort project might have been reasonable.

18. BofA Hits Back BNP, Deutsche Over Portfolio Collapse

Friday, Feb 05, 2010

Bank of America NA has called on a federal judge to toss breach of contract suits filed by Deutsche Bank AG and BNP Paribas Mortgage Corp., which have accused the bank of botching its job to guard more than a billion dollars in collateral that backed a mortgage investment facility.

19. Kraft Sells $9.5B In Notes To Fund Cadbury Deal

Thursday, Feb 04, 2010

Kraft Foods Inc. on Thursday launched a four-part offering of $9.5 billion in notes to help finance its $19 billion acquisition of U.K. confectioner Cadbury PLC.

20. Smurfit-Stone To Strike $650M Exit Financing Deal

Thursday, Feb 04, 2010

Bankrupt packaging company Smurfit-Stone Container Corp. has asked a judge to allow it to enter into a $650 million revolving credit facility deal as part of an exit financing package designed to serve the company’s cash needs as it emerges from Chapter 11 protection.