Category: Courts
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Liability of Credit Rating Agencies for Issue Ratings
A new article discusses a dissenting verdict on the rating of a cruise ship bond. The numerous decisions of the Berlin courts have brought the issue of the liability of rating agencies back into focus, writes lawyer Dr. Sunny Kapoor, Frankfurt a. M., in his article “Haftung von Ratingagenturen für Emissionsratings” (WM 2021 Heft 50-52,…
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Court Ruling Makes Rating Difficult to Assess
Tesco and other UK grocers are affected. On June 3, 2021, the Court of Justice of the European Union (ECJ) ruled that the provisions in EU law relating to comparability between two different roles based in different establishments, but within one organisation, do apply directly to private businesses in the UK and can be advanced…
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