A large number of CDOs experienced losses during the 2008 Financial Crisis, and this has led to litigation between the parties involved. CRA experts have vast experience analyzing CDO tranche performance and assets in CDO trusts, including CDS and ABCP. We recently supported counsel for a CDO trust in dispute over claims of collateral funds.
Section 11 damages computation for direct listings
In September 2021, the Ninth Circuit ruled in Pirani v. Slack Technologies, Inc.[1] (Slack) that Section 11 liability applies to direct listing shares. This...