Amaranth Advisors sued Touradji Capital Management Monday, alleging breach of a contract the hedge fund firms had signed in 2006 as Amaranth was trying to survive massive natural-gas trading losses.
Dublin to take on Irish bank bad debts (Headlines)
The Irish state will pay â?¬54bn to take over bank debt worth â?¬77bn to cleanse the sectorâ??s toxic assets and encourage renewed lending to businesses, according to Brian Lenihan, the finance minister.
US and UK plan to collect common data from hedge funds (Headlines)
Securities regulators from the United States and Britain plan to identify a common set of data to collect from hedge funds, the U.S. Securities and Exchange Commission said yesterday.