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New York federal court dismisses suit between French entities on forum non conveniens grounds.

Carlyle Europe Partners (CEP) is a private equity fund in Europe; Otor, S.A., is a

financially stretched French paper company. In May of 2000, CEP agreed to invest about 44

million euros in Otor. This done, CEP would obtain a minority equity position in Otor Finance,

S.A. plus convertible bonds. If CEP converts the bonds to shares, this would give it a controlling

stake in Otor Finance as well as indirect control of Otor S.A. The following year, Carlyle

Luxembourg shareholders tried to obtain early conversion of their bonds

In addition, make sure to read these articles:

  • Prosecutor nears end to inquiry of Credit Lyonnais.
  • Federal prosecutors, nearing the end of the investigation of Credit Lyonnais and others involved in the 1992 purchase of defunct Executive Life Insurance Co., will ......
  • S&P Rates Credit Lyonnais Australia CP ProgramA-2.
  • MELBOURNE, Australia--(BUSINESS WIRE)--Standard & Poor's CreditWire 5/12/98--Standard & Poor's today assigned its 'A-2' short-term rating to the obligations under Credit Lyonnais Australia Ltd.'s (CLAL; rated ......
  • McDermott's Credit Lyonnais...
  • Energy Editors/Business Editors NEW ORLEANS--(BUSINESS WIRE)--June 2, 2003 McDermott International Inc. (NYSE:MDR)(the "Company") will make a presentation at the Credit Lyonnais 3rd Annual Global Energy ......
  • McDermott's Credit Lyonnais Oil...
  • Business Editors & Energy Writers NEW ORLEANS--(BUSINESS WIRE)--June 5, 2002 The McDermott International, Inc. (NYSE:MDR) presentation made today at the Credit Lyonnais Oil Services Conference ......
  • Sumitomo Files Lawsuit Against Credit Lyonnais...
  • NEW YORK--(BUSINESS WIRE)--July 27, 1999-- Sumitomo Corporation today announced that it has filed a lawsuit against Credit Lyonnais Rouse as part of its ongoing efforts ......
  • Credit Lyonnais Australia Rtgs onS&PWatch-Dev.
  • MELBOURNE--(BUSINESS WIRE)--S&P's CreditWire 6/16/98--Standard & Poor's today placed its triple-'B'-plus/A-2' ratings of Credit Lyonnais Australia Ltd. (CLAL) on CreditWatch with developing implications, following the announcement ......
  • Credit Lyonnais Australia Rtgs onS&PWatch-Dev.
  • MELBOURNE--(BUSINESS WIRE)--S&P's CreditWire 6/16/98--Standard & Poor's today placed its triple-'B'-plus/A-2' ratings of Credit Lyonnais Australia Ltd. (CLAL) on CreditWatch with developing implications, following the announcement ......
  • Credit Lyonnais Survey Finds Industry...
  • NEW YORK--(BUSINESS WIRE)--Oct. 15, 1998--Many industry consolidators, or "roll-up," companies are led by seasoned management teams with more years of experience than the ages of ......
  • Credit Lyonnais Corrects Second Graph in...
  • Business Editors CORRECTION...by Credit Lyonnais --(BUSINESS WIRE) In BW2095, (NY-CREDIT-LYONNAIS) second graph, first line should read xxx to its staff James Bragg and Luis Phillips ......
  • Credit Lyonnais Americas appoints new chief...
  • NEW YORK--(BUSINESS WIRE)--Jan. 22, 1997--Credit Lyonnais today announced that it has named Jerome Brunel chief executive officer of Credit Lyonnais Americas. With combined assets in ......
  • Bear Stearns and Credit Lyonnais launch first...
  • NEW YORK--(BUSINESS WIRE)--Dec. 9, 1994--Bear, Stearns & Co. Inc. and Credit Lyonnais today announced the launching of the first publicly issued credit card securitization in ......
  • Credit Lyonnais Strategy in the Americas...
  • NEW YORK--(BUSINESS WIRE)--June 23, 1998--Credit Lyonnais Americas (CLA) continues to be an essential component in the bank's global strategy, and none of its core activities ......
  • Credit Lyonnais Strategy in the Americas...
  • NEW YORK--(BUSINESS WIRE)--June 23, 1998--Credit Lyonnais Americas (CLA) continues to be an essential component in the bank's global strategy, and none of its core activities ......
  • Credit Lyonnais bolsters aviation commitment to...
  • NEW YORK--(BUSINESS WIRE)--Oct. 1, 1996--Credit Lyonnais announced from its America's headquarters in New York today that it is reinforcing both its coverage and its product ......
  • S&P Adjusts Credit Lyonnais Futuro 1, F.P. Bnd...
  • LONDON--(BUSINESS WIRE)--Standard & Poor's CreditWire 5/27/98--Standard & Poor's today revised the bond fund credit rating of Credit Lyonnais Futuro 1, F.P., a Spanish pension fund ......