Legal Headaches Of Greek Exit A ‘Huge Issue’

Any securitized assets originated in Greece and any special purpose vehicle being domiciled there will feel the effects of the country’s exit from the eurozone, panellists at Global ABS said Wednesday. Such a move potentially gives rise to a series of legal headaches, according to Ian Sideris, partner at Simmons & Simmons, who described the topic as a “huge issue.”