Tag Archives: Illiquid Investments

More Bad News for Investors in Mortgage Securities Pools – Court Dismisses Foreclosure Action

Principles of legal standing mandate that a party seeking judicial relief be able to demonstrate a cognizable interest in the matter at issue. Foreclosing on a defaulted mortgage loan usually does not implicate this doctrine: the borrower’s failure to pay … Continue reading

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Hedge Fund Faces Possible Lawsuit Over Illiquid Investments

Absolute Capital Management, a $3.2 billion AIM-listed hedge fund, may be on the brink of litigation over illiquid investments. As much as $500 million of Absolute’s funds were in lightly traded, unregulated, bulletin-board-listed, U.S. stocks. A group of Absolute investors … Continue reading

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