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Brown Rudnick

US Financial Crisis and the downturn 2009

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Award levelCommended
InnovationAdvising Hedge Funds to renegotiate prime brokerage agreements, in the wake of the collapse of Lehman Bros
Originality6
Rationale6
Impact6
Total18
DescriptionPrime brokers use their clients' assets for their own purposes, but often their clients are ignorant of this. Firm helped hedge fund clients to renegotiate the terms of their agreements