Pimco and Anchorage have filed a lawsuit against Santander and PwC, seeking €1.13 billion in damages. The dispute allegedly stems from issues with collateralized loan obligations (CLOs) and derivatives contracts. Both sides have submitted evidence to support their claims. The trial is ongoing.

Source: https://www.bloomberg.com/news/articles/2024-10-29/pimco-anchorage-seek-1-13-billion-in-trial-from-santander-pwc