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Interest Payments Commercial Mortgage Backed Securities

BCLP

Contractual interpretation disputes from the Trustee's perspective: The saga continues

BCLP on

In the first four months of 2016 three more judgments relating to issues of contractual interpretation of provisions contained in documents of securitisation transactions (all three of them for legacy CMBS deals) and...more

BCLP

Corporate Trustees and Cash Managers: can historic miscalculations and underpayments be an Event of Default? The English High...

BCLP on

We now have the English High Court’s first judgment concerning the position of Class X Notes in a CMBS structure. The rights of the Class X Notes in the Windermere VII CMBS were considered by the Court in Hayfin Opal Luxco 3...more

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