Injunction stops handover of Credit Suisse names to U.S.
A court in Geneva stopped banking giant Credit Suisse from turning over the name of a bank employee to American tax authorities in an emergency injunction, until the sides reconvene. A first set of documents from Credit Suisse have already been sent to the US. The temporary injunction means this second wave of documents that may contain some employee names will be on hold. Alec Reymond is the lawyer representing the Credit Suisse employee in this case. He explains his satisfaction at the court’s decision to WRS’s Alex Helmick: