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Why UK insolvency bill threatens securitization
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Trade Publication Article
Why UK insolvency bill threatens securitization
2001
Overview
The UK government's proposed insolvency law will create uncertainty over secured creditors' rights. Clarification needs to be given as to the scope of the capital markets exception to reassure the rating agencies, banks and investors that the use of such valuable financial techniques as whole business securitizations may continue unhindered.
Publisher
Euromoney Institutional Investor PLC
Subject
