Credit Protection Buyers Land Legal Victory

07 Jan 2011

A decision by the First Department of the Appellate Division of New York County yesterday will help protect credit protection buyers whose credit event claims are dismissed by protection sellers on technical grounds, according to lawyers in New York.

--Mike Kentz

A decision by the First Department of the Appellate Division of New York County yesterday will help protect credit protection buyers whose credit event claims are dismissed by protection sellers on technical grounds, according to lawyers in New York.

The decision said the buyer, DKR Soundshore Oasis Holding ...

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