CDOs/CLOs

  • Sidley Austin promoted Chicago-based lawyer T.J. Gordon to partner in its structured finance and securitization and syndicated and leveraged finance groups.

    January 24
  • Martin Fingerhut, previously a partner at Blake, Cassels & Graydon's (Blakes) financial services group and chair of the law firm's structured finance group, is moving to Cassels Brock & Blackwell, another Canadian law firm based in Toronto. Fingerhut was hired as a senior partner and head of the firm's securitization group.

    January 24
  • ABS

    The Securities and Exchange Commission (SEC) published a fact sheet this morning on a rule requiring ABS issuers to disclose the history of both the requests they received and repurchases they made related to their ABS outstanding.

    January 20
  • ABS

    Standard & Poor's put 1,981 structured finance tranches in Europe, Middle East and Africa (EMEA) on creditwatch negative yesterday as a result of the revision of its counterparty criteria.

    January 19
  • The Federal Deposit Insurance Corp. (FDIC) will not exercise its authority under the Dodd-Frank Act to reclaim or recover assets transferred by a financial company into a securitization, said FDIC acting FDIC General Counsel, Michael Krimminger in a letter to the industry.

    January 18
  • Prudential Financial, PIMCO and Nuveen Investments are launching new dual purpose funds that will focus mostly on leveraged loans but could also invest in high-yield bonds, according to Securities and Exchange Commission (SEC) filings.

    January 14
  • ABS

    This week the Securities and Exchange Commission (SEC) proposed rules that would require most ABS issuers to still file periodic reports for the life of the publicly registered ABS.

    January 13
  • ABS

    Markit has acquired QuIC Financial Technologies,a risk analytics solutions provider.

    January 12
  • ABS

    Bingham McCutchen has elected 13 lawyers to its partnership. The promotions follow a year when the law firm expanded its key practices in the global markets, including launching its Frankfurt-based financial restructuring practice. It also grew its Hong Kong office.

    January 11
  • In the Chinese Zodiac, 2011 is the year of the rabbit. But in leveraged finance, 2011 may be the year of the CLO, with this investment vehicle bringing more deals to the leveraged loan market.

    January 7