Banking Litigation Notes
Tag: structured products
Showing 4 out of 4 results
10 June 2014
Liability of credit rating agencies confirmed by Australian Appeal Court
The Full Federal Court in Australia has confirmed that, as a matter of Australian common law, a rating agency owes a duty of care to investors in a rated …
04 September 2013
A new statutory cause of action against credit rating agencies – inconsistent messages from Europe
On 31 May 2013, new European legislation was passed to amend the Regulation on credit rating agencies which was first introduced in the aftermath of the …
13 March 2013
Individual fails in large mis-selling claim concerning leveraged investments in structured notes
Basma Al Sulaiman v (i) Credit Suisse Securities (Europe) Limited; and (ii) Plurimi Capital LLP [2013] EWHC 400 (Comm) In a strongly worded …
18 February 2013
Structured credit products – key Australian decisions
In late 2012, the Federal Court of Australia handed down first instance judgments in two interesting cases involving claims brought by the purchasers of …