Benchmark category · v0.1 · 30 verified questions
Transferability
Deciding whether an obligation is transferable without consent, including transfer restrictions buried in exchange-offer or restructuring terms.
Ranking
Accuracy on transferability questions
| # | Model | Accuracy | Correct | |
|---|---|---|---|---|
| 1 | Gemini 2.5 Pro | 100% | 30/30 | |
| 2 | GPT -5 | 93% | 28/30 | |
| 3 | Claude Sonnet 5 | 57% | 17/30 | |
| Reference · CDSBench’s own system · not ranked | ||||
| — | Mastermind | 57% | 17/30 | |
Common failures
How models go wrong here
| Evidence selection failure | 44 |
| Unnecessary review | 26 |
| Hallucinated evidence | 14 |
| Failed multi document reasoning | 2 |
| Overconfident | 2 |
Across every model’s latest official run. Failure taxonomy →
Hardest questions
Most models wrong
- #194 Brightwater Energy Corp 2028 (B) · CHF 2052 NotesReconciling all documents in the record, is the instrument transferable without the consen…3/4
- #56 Brightwater Energy Corp 2024 · USD 2034 NotesReconciling all documents in the record, is the instrument transferable without the consen…3/4
- #66 Republic of Sanderia 2025 · EUR 2036 NotesIs the instrument transferable without the consent of the Issuer?2/4
- #95 Northgate Shipping Ltd 2028 · CHF 2042 NotesIs the instrument transferable without the consent of the Issuer?2/4
- #134 Solvane Airlines S.A. 2027 · JPY 2045 NotesIs the instrument transferable without the consent of the Issuer?2/4
- #184 Federal Republic of Aurelia 2027 (B) · JPY 2050 NotesIs the instrument transferable without the consent of the Issuer?2/4
- #204 Republic of Sanderia 2024 (B) · USD 2029 NotesIs the instrument transferable without the consent of the Issuer?2/4
- #223 United Provinces of Kestrel 2026 (B) · GBP 2033 NotesIs the instrument transferable without the consent of the Issuer?2/4
Latest
Most recently published questions
- #292 Halvard Steel AG 2028 (C)2026-09-15
- #282 Republic of Norland 2027 (C)2026-09-15
- #272 Solvane Airlines S.A. 2026 (B)2026-09-15
- #263 Commonwealth of Tessaly 2025 (B)2026-09-15
- #253 Calder Chemicals N.V. 2024 (B)2026-09-15
Cases
30 cases with transferability questions
- Federal Republic of Aurelia 2028 Federal Republic of Aurelia · 2028
- Northgate Shipping Ltd 2028 Northgate Shipping Ltd · 2028
- Republic of Norland 2028 (B) Republic of Norland · 2028
- Brightwater Energy Corp 2028 (B) Brightwater Energy Corp · 2028
- Republic of Marovia 2028 (B) Republic of Marovia · 2028
- Halvard Steel AG 2028 (C) Halvard Steel AG · 2028
- Republic of Norland 2027 (C) Republic of Norland · 2027
- Orinoco Retail Holdings plc 2027 Orinoco Retail Holdings plc · 2027
- United Provinces of Kestrel 2027 United Provinces of Kestrel · 2027
- Solvane Airlines S.A. 2027 Solvane Airlines S.A. · 2027
- Federal Republic of Aurelia 2027 (B) Federal Republic of Aurelia · 2027
- Northgate Shipping Ltd 2027 (B) Northgate Shipping Ltd · 2027
and 18 more in the case explorer.
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