Misrepresentation claims against the issuer by buyers in the secondary market: a cautionary tale

Richard Salter QC considers the implications for issuers and other market participants of the Court of Appeal’s recent decision in Taberna Europe CDO II Plc v Selskabet AF 1.September 2008 in Bankruptcy (formerly known as Roskilde Bank A/S), and reflects on how English financial law so often gives primacy to the “small print” over the practical reality.

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Filed Under: JIBFL

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