Topic
Structured Finance
59 published works
Banking, Finance and Securities
ESMA report on CRAs surveillance of structured finance credit ratings
The European Securities and Markets Authority (ESMA) has published a report on the findings of its general investigation into the way credit rating agencies (CRAs) conduct surveillance of structured finance…
Securities Law Prof Blog
Albuquerque, Gaspar & Michel on Autocallable Contingent Income Securities
Rui A. Albuquerque, Raquel M. Gaspar and Allen Michel have posted Investment Analysis of Autocallable Contingent Income Securities on SSRN with the following abstract:Autocallable contingent income securities are a relatively new…
Crunched Credit
CLOs under the Volcker Rule: New Exemptions, New Issues, New Obligations – Part II
By Sean Solis
In our previous post we discussed some of the structural challenges and opportunities facing CLO market participants since the Final Rule was released in December. Today we tackle the age old…
Structured Finance In Brief
Clash of the Titan 2007-1
By Simon Hugo
So it’s been just over a year since Fitch issued their press release confirming that as a matter of policy it would not provide rating agency confirmations (RACs) during the replacement…
Bankruptcy Report
Protecting Lenders In Structured Financing Transactions: The Utility of “Bankruptcy-Remote” Entities Following In re GGP Properties, Inc.
In 2009, Judge Allan L. Gropper of the U.S. Bankruptcy Court for the Southern District of New York issued several remarkable rulings in the bankruptcy In re GGP Properties, Inc.[1](“GGP”). …
UK Finance Disputes and Regulatory Investigations Blog
A watchdog for unrepresented interests: court highlights trustees’ duties
By Chris Webber
The unusual facts of a recent dispute between interested parties in the Theatre CMBS transactions have highlighted some important issues in complex structured finance transactions, and in particular the responsibilities…
Structured Finance In Brief
FABULOUS MUMBO JUMBO
By Tamara Box
For some time now I have struggled to give an abbreviated version of what I do. When “I’m a lawyer” elicits the question, “What sort of law do you practice?”…
Structured Finance In Brief
Challenging the Unchallengeable
By Nathan Menon
As one of the newest junior associates to join the growing Structured Finance Group at Reed Smith, there are times when I feel that I have the best seat in…
Tom Mighell
Blawg of the Day – Structured Finance in Brief
By Tom Mighell
Reed Smith's structured finance group brings us Structured Finance in Brief, providing updates and analysis on current structured finance issues. They're discussing such recent topics as noteholder meetings, Commodity Futures…
Crunched Credit
Dechert OnPoint Details Recent SEC Report on Credit Ratings for Structured Finance Products
While we’re on the topic of Dodd-Frank rules and regs that could have a significant impact on the securitization market, the SEC recently reported the findings of a study it…