News & Resources

Derivatives Week Discusses Equity Swaps by Activist Shareholders

July 14, 2008

Derivatives Week published an article entitled "The CSX Ruling Impact on Swaps" written by Steve Wolosky, Kenneth M. Silverman and Ron S. Berenblat. The article discusses the decision in CSX Corporation v. The Children's Investment Fund Management (UK) LLP, et al., regarding the use of equity swaps by activist shareholders to build ownership positions in their portfolio companies.