Exact(2)
For example, Ford Motor's credit arm pulled an asset-backed bond deal because credit-rating agencies, fearful of new liabilities under the Dodd-Frank act, forbid the use of their opinions in the deal document.
What's more, if lenders really are concerned about the consequences of Mr. Corzine's departure, they should be insisting on a clause in the debt deal that covers every eventuality, not just the possibility that President Obama might ask him to run the Treasury Department, which is what the deal document essentially implies.
Similar(56)
It's time to closely manage the retirees' good deal, documented in a report by USA Today.
The deal went ahead when the Securities and Exchange Commission temporarily suspended the requirement that deal documents include such ratings.In Britain and America sophisticated finance is ingrained enough to survive tighter regulation.
Mr. Santarlas testified during the trial and described how he and Mr. Cutillo would snoop around their firm looking for confidential deal documents.
The deal documents referring to conflicts of interest stated that affiliates and clients of Tricadia might place bets against the types of securities in the TABS deal.
That reduced the value of its bid to around the £5.50 mark - down on the £6-plus that Monday's deal documents valued each Abbey share at.
"You're not supposed to have to go searching through deal documents to find out how much the firm made," Mr. McGurn said.
Wall Street officials say investment banks served as intermediaries in such swap trades for other clients like hedge funds, but deal documents do not list those players.
The corporations will get to write off $325 million, the value assigned to the sewer lines, and shield corporate profits from federal and state taxes, according to the deal documents.
Schools provide a strong foundation of legal analysis and grounding in the common law, on the assumption that law firms will teach new associates the specifics of what they need to practice law, whether that means drafting deal documents or taking a deposition.
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