Ratings

S&P Seeks Declaration That Credit Ratings Are Immune From Liability

On February 5, two Standard & Poor’s entities filed a declaratory judgment action in the Southern District of South Carolina seeking to bar the South Carolina Attorney General from suing S&P under South Carolina’s Unfair...more

DOJ Brings Civil Fraud Action Against S&P

On February 4, the Department of Justice filed a complaint in the Central District of California against two Standard & Poor’s entities in connection with credit ratings S&P provided for certain RMBS and CDOs....more

Rating Agency Developments - January 14, 2013

On January 10, DBRS released the following rating methodologies: - European covered bonds. - Unified interest rate model for European securitizations. - Unified interest rate model for global...more

Death, Taxes and Chambers Rankings

Benjamin Franklin said that the only things certain in life are death and taxes. I would add the annual announcement of Chambers rankings. And, sure enough, they are coming out soon....more