S&P Says It Was Right All Along, But Will Now Accept References to LTV Steel in Legal Opinions Anyway
November 15, 2002
S&P Says It Was Right All Along, But Will Now Accept References to LTV Steel in Legal Opinions Anyway Standard & Poor’s this week said it will accept “true sale” legal opinions that include references to the controversial LTV Steel bankruptcy case as long as the reference doesn’t raise doubts about the nature of the transaction.