Hammond Suddards Edge advised Igroup on the £300m securitisation of residential non-conforming mortgages. The deal is made up of £264m of AAA-rated notes, £24m of A and £12m of BBB-rated notes. Associate Gary Walker led the transaction assisted by solicitor Anjlia Rajani. Igroup was also advised by its in-house counsel. Allen & Overy advised Morgan Stanley Dean Witter which acted as lead manager.
It’s been a bad week for…
A pound of spuds, which will land a Sunderland greengrocer in court. Steven Thoburn is the first trader to be prosecuted for continuing to use pounds and ounces to serve customers. The market stall owner refused to use the metric system which is a requirement under European law. After allegedly ignoring a warning to switch […]
