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24 December 2023
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Created page with "=====The market standard “bankruptcy” definition ===== The ISDA {{{{{1}}}|bankruptcy}} definition is rarely a source of great controversy (except for the grace period, which gets negotiated only through custom amongst ISDA negotiators because, in its wisdom, {{icds}} thought fit to halve it from 30 days to 15 in the {{2002ma}}. So you have a sort of ''pas-de-deux'' between negotiators where they argue about it for a while before getting t..."
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