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Single family homes on the market. Updated weekly.Powered by Altos Research
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Lehman Brothers

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Lehman Case Will Affect CDO Ratings, Says Fitch 

Aug 14, 2009By

The outcome of a pair of lawsuits playing out in US and UK courtrooms could have a ratings affect on structured finance transaction that have material derivative exposure to US-based counterparties, Fitch Ratings said. The two related cases involve bankrupt Lehman Brothers and a dispute over subordinate swap termination payments to the rated noteholders of synthetic collateralized debt obligations (CDO).

3d rendering of a row of luxury townhouses along a street

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