Template:M gen Equity Derivatives 12.9(a)(iv): Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{insolvency vs insolvency filing}}") |
(No difference)
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Latest revision as of 11:18, 27 March 2020
You may be forgiven for wondering what the difference is between “Insolvency”, being the normal Extraordinary Event from Section 12.6, and the Additional Disruption Event called “Insolvency Filing”.
It’s a good question that, we dare say, even ISDA’s crack drafting squad™ would struggle to capably answer, but the reality is that this people tend to disapply Insolvency Filing, as it is covered by other Additional Disruption Events so Insolvency is the important one.