Legal News

Seeking rating agency confirmation

Published on: 13 April 2016
Published by: LexisPSL
  • Seeking rating agency confirmation
  • Original news
  • What were the facts of the case?
  • What is summary judgment?
  • What is the importance of rating agency confirmation?
  • What should lawyers take away from the case?

Article summary

Banking & Finance analysis: What were the key issues raised in BNY Mellon Corporate Trustee Services Limited v Taberna CDO I plc, in which the parties sought summary judgment on whether an event of default had occurred leading to the noteholder being able to have their payments accelerated? The case contains a particularly interesting discussion about rating agency confirmations. or take a trial to read the full analysis.

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