Source of funds—cash flow vs. market value. Cash flow CDOs pay interest and principal to tranche holders using the cash flows produced by the CDO's assets. Cash flow CDOs focus primarily on managing the credit quality of the underlying portfolio. Market value CDOs attempt to enhance investor returns through the more ...
In 2009 Rabobank sued Merrill over a CDO named Norma. Rabobank later claimed that its case against Merrill was very similar to the SEC's fraud charges against Goldman Sachs and its Abacaus CDOs. Rabobank alleged that a hedge fund named Magnetar Capital had chosen assets to go into Norma, and allegedly bet ...
Oct 28, 2011 ... United States Court of Appeals,Second Circuit. WACHOVIA BANK, NATIONAL ASSOCIATION, Wachovia Capital Markets LLC, Plaintiffs–Appellants, v. VCG SPECIAL OPPORTUNITIES MASTER FUND, LTD., formerly known as CDO Plus Master Fund Ltd., Defendant–Appellee. Docket No. 10–1648–cv.
Feb 23, 2009 ... Both Merrill and Moody's saw no trouble ahead when the Forge ABS CDO was issued in April 2007. Neither did Donald Uderitz, a hedge fund manager at VCG Special Opportunities Master Fund Ltd., who works out of an orange stucco building on First Street in Delray Beach, Fla. Uderitz had worked at ...
Canada-Nova Scotia. 343 South Dearborn II, LLC. Illlinois. 425 South Tryon Street, LLC. North Carolina. 509 Vine Street Tenant, L.P.. Pennsylvania. 660 Master, LLC. Ohio. A.G. Edwards Technology Group, Inc. Missouri. A.G. Edwards Technology Partners. Missouri. A.G. Edwards & Sons (U.K.) Limited. United Kingdom.
Sep 25, 2008 ... CDO Plus Master Fund Ltd. v. Wachovia Bank, N.A., 07-11078 (S.D.N.Y. Dec. 7, 2007) (dispute over demand for collateral on $10,000,000 protection on collateralized debt obligations). • VCG Special Opportunities Master Fund Ltd. v. Citibank, N.A., 08 1563 (S.D.N.Y. Feb. 14, 2008) (same). • UBS AG v.
Sep 12, 2017 ... United States v. Wachovia Bank and Trust Company, N.A.. Case Type: Civil Non- Merger. Case Violation: Boycotts or Refusals to Deal - Vertical. Exclusive Dealings and Requirements Contracts. Other Restraint of Trade. Restraint on Trade - Territorial, D.C.. Market: Banking - Commercial. Industry Code:.
Dec 17, 2016 ... PORTFOLIOS 9; THE PRUDENTIAL. INVESTMENT PORTFOLIOS INC.,. N/K/A PRUDENTIAL BALANCED. FUND; THE PRUDENTIAL. INVESTMENT PORTFOLIOS, INC. 17;. THE PRUDENTIAL SERIES FUND;. KORE ADVISORS LP; SEALINK. FUNDING LIMITED; DZ BANK AG,. Plaintiffs, v. 7 of 88 ...
Apr 5, 2009 ... The SEC has more than 50 subprime-related investigations underway, including of lenders, investment banks, underwriters, retail and institutional ...... (go back) [ 32] VCG Special Opportunities Fund Ltd. v. Citibank N.A., No. 08 CV 01563 ( S.D.N.Y.); CDO Plus v. Wachovia, No. 08 CV 05655 (S.D.N.Y.).