RESEARCH: Taberna IV CDO involuntary bankruptcy case not a slam-dunk - Debtwire

RESEARCH: Taberna IV CDO involuntary bankruptcy case not a slam-dunk

07 July 2022 - 01:13 pm UTC

In this special report, we analyze the involuntary bankruptcy case filed against the Taberna IV CDO. We also examine the universe of defaulted CDOs and other methods investors can use to liquidate their collateral.

 

Our analysis shows that Taberna IV may not be as simple to liquidate via bankruptcy as an earlier involuntary bankruptcy action brought against the ZING VII CDO.

 

Our report also contains a list of the 470 crisis-era structured finance CDOs that have defaulted, according to Moody’s, as well as a “RAC” list of all structured finance CDOs that have obtained confirmation that Moody’s rating agency conditions have been satisfied for certain key amendments.

 

Click here for the full report.