Amid Ongoing Debt Debacle, Skadden Advises Big Cypriot Bank

, The Am Law Daily

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Skadden, Arps, Slate, Meagher & Flom is providing litigation counsel to Cyprus Popular Bank in investment treaty claims against the Greek government. The litigation is playing out as the second-largest financial institution in Cyprus reportedly prepares to close as a result of an ongoing financial crisis that has the tiny island nation scrambling to cobble together a multibillion-dollar international bailout.

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