Tort Liability for Ratings of Structured Securities Under English Law
17 Pages Posted: 10 Jan 2015
Date Written: January 9, 2015
This article analyses whether there are legally cognisable claims for misrepresentation and negligence under English law that can be brought by a professional investor against a credit ratings agency for providing AAA ratings to structured finance instruments, such as collateralised debt obligations, when investors later discover that the ratings agency failed to act with due care in issuing the rating.
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