DoubleLine Capital LP et al v. Odebrecht Finance, Ltd et al

  1. August 01, 2022

    Odebrecht To Pay Atty Fees For Disobeying Discovery Order

    A New York federal court has ordered affiliates of Odebrecht to pay attorney fees incurred by investment advisers and funds in trying to enforce a discovery order, which the court noted the units of the Brazilian engineering conglomerate have refused to comply with for more than 20 months.

  2. March 30, 2021

    Odebrecht Units Sanctioned For Willfully Destroying Evidence

    A New York federal judge sanctioned several affiliates of Brazilian engineering conglomerate Odebrecht on Tuesday for intentionally destroying the encryption keys needed to access the "shadow" accounting system used in a $3.3 billion bribery scheme, ruling that Odebrecht should have known the keys would be relevant to future litigation. 

  3. December 20, 2019

    Quinn Emanuel Seeks Out Of Repping Odebrecht In Bribe Suit

    Quinn Emanuel Urquhart & Sullivan LLP requested Friday to withdraw as counsel for Brazilian engineering conglomerate Odebrecht in a bribery lawsuit in New York federal court that ties the plummeting value of its bonds to a $3.3 billion bribery scheme.

  4. September 23, 2019

    Conspiracy Claims Cut From Odebrecht Bribery Suit

    A New York federal court on Monday tossed conspiracy claims against Brazilian engineering conglomerate Odebrecht in a suit that ties the plummeting value of its bonds to a $3.3 billion bribery scheme, finding that alleged financial misrepresentations weren't the result of a formal agreement between the company and its subsidiary.

  5. January 16, 2019

    PE Firm Says Bond Losses Clearly Due To Odebrecht's Bribes

    An investment firm and two of its funds asked a New York federal judge Tuesday to block Brazilian engineering conglomerate Odebrecht SA's bid to escape the firm's lawsuit related to an alleged wide-ranging bribery scheme, saying its complaint clearly demonstrates how the company's false and misleading statements exposed investors to risk.

  6. December 06, 2018

    Odebrecht Says Bond Fraud Suit Can't Continue Further

    Brazilian engineering conglomerate Odebrecht SA and two subsidiaries on Wednesday urged a New York federal judge to toss a fraud suit related to a far-reaching bribery scheme, arguing that the investment firm and funds suing them have not remedied defects that plagued the suit's previous iterations.

  7. March 07, 2018

    Funds Fight To Keep Odebrecht Bond Fraud Suit Alive

    Investment firm DoubleLine Capital LP and its funds have asked a Manhattan federal judge to reject an effort by scandal-wracked Brazilian builder Odebrecht to dismiss their fraud suit, saying they lost millions when Odebrecht's bribery-centric business strategy came to light.

  8. November 02, 2017

    Odebrecht Units Say No Harm Shown In Bond Fraud Motion

    Two units of Brazilian engineering conglomerate Odebrecht SA asked a New York federal judge to dismiss securities fraud claims brought by a group of hedge funds, saying the funds haven't adequately shown harm.

  9. September 28, 2017

    Odebrecht Units Say No US Jurisdiction In Bond Fraud Claims

    Two units of Brazilian engineering conglomerate Odebrecht SA told a New York federal judge on Thursday that he should toss fraud claims made against them by a group of hedge funds because the securities were sold on the Luxembourg Stock Exchange and the court therefore lacks subject matter jurisdiction.

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