Tag Archives: financing

Financing Bitcoin: The Problem of Actual Delivery

The CFTC has asserted that Bitcoin is, and other virtual currencies may be, commodities under the Commodity Exchange Act.   As such, pursuant to Section 2(c)(2)(D) of such Act, “off exchange” financed retail transactions in virtual currency are prohibited unless an exception applies.   One exception found in Section 2(c)(2)(D)(ii)(III)(aa) provides, in relevant part, that such a … Continue Reading

Greenberg Traurig Advises Israeli Institutional Investor Group on EUR 236 million Acquisition of Landmark Office Building Eschborn Plaza

Greenberg Traurig’s Tel Aviv and Germany offices jointly advised a group of Israeli institutional investors who acquired the Eschborn Plaza office complex in a joint venture lead by Aurec Capital. The group was comprised of Migdal Insurance Group, Bank Leumi Pension Fund, and IDI Insurance Company as well as a leading Israeli provident and pension … Continue Reading

Chapter 11 German Style

Historically, German insolvencies have been perceived as extremely unattractive, particularly because they were dominated by court-appointed bankruptcy administrators, with limited to no influence for creditors. This has, however, significantly changed over the last years. In that respect, it was the clearly expressed intention of the German legislature to make insolvencies more attractive for all parties … Continue Reading
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