Legal ruling creates windfall for junior CLO investors
Investors in a number of European CLOs are gearing up for a legal battle over what appears to be a basic drafting error in their documentation
Subscriber-only article
This article is available only to Creditflux subscribers and free trial users within 30 days of publication.
Already a subscriber? Not logged in? Click here to login.
If you have not already done so,
you may request a FREE TRIAL by clicking here
This trial will give you:
- 4-weeks' free online access to our
most recent subscriber-only articles - Daily breaking news alert sent by email
- A print copy of Creditflux
If you currently have a free trial, you will see this message when you try to view articles older than 30 days.
Related Stories
- IIG Global Trade Finance Fund lawsuit targets CLO trustee and noteholders, alleging they reaped gains from fraud that cost fund USD 190m 1 year ago
- Sculptor CEO Levin refutes "personal issue" accusation by ex-chief Och 2 years ago
- Court orders Bancorp to repay Waterfall's deposit from cancelled CRE CLO 2 years ago
- They said it: "I feel vindicated..." 3 years ago
- Trade finance specialist sentenced to 12 years in prison for CLO and fund fraud 3 years ago
Newsletter
- CLO managers turn defensive as uncertainty brews 9 days ago
- Custom vehicles offer range of options for co-investments 9 days ago
- Managers predict increased government spending should boost CLO returns in Europe 9 days ago
- 'Volatility is putting us in a better situation — we see value returning' 9 days ago
- Partnerships and new regulations tempt private credit managers to Middle East 9 days ago