NAV and other financial determinations: Implications of Fairfield Sentry Limited (In Liquidation) v Migani and others

By , and | 27 Jun 2014

The court decided that investors were entitled to keep redemption amounts, even though they were calculated on the basis of determinations of NAV which used fictitious data.


Titan Europe 2007-1 (NHP) v U.S. Bank and others – Special Servicer termination provisions

By , and | 16 Jun 2014

This case gives guidance on the interpretation of special servicer termination provisions set out in the Servicing Agreement for the Titan commercial mortgage-backed securitisation.

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