Template:M summ Equity Derivatives 12.7: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) (Replaced content with "The calculation of {{eqderivprov|Cancellation Amount}}s following {{eqderivprov|Extraordinary Event}}s is one of those classic negotiation oubliettes that opposing counsel...") Tag: Replaced |
||
Line 1: | Line 1: | ||
The calculation of {{eqderivprov|Cancellation Amount}}s following {{eqderivprov|Extraordinary Event}}s is one of those classic negotiation oubliettes that opposing counsel will gladly fall into like Unlucky Alf falling into an open manhole. The [[JC]] has seen storied partners of [[Magic circle law firm|serious law firms]] get in quite the lather about this, treating the determination of these amounts as an opportunity for venal derivatives dealers opportunistically to rip hunks off their customers’ faces. | |||
[[ | |||
This is a wonderful [[narrative]], vouchsafing as it does [[tedious]], remunerative arguments that their clients may believe do them a great service, but it really need not be that complicated. | |||
Revision as of 11:28, 21 January 2022
The calculation of Cancellation Amounts following Extraordinary Events is one of those classic negotiation oubliettes that opposing counsel will gladly fall into like Unlucky Alf falling into an open manhole. The JC has seen storied partners of serious law firms get in quite the lather about this, treating the determination of these amounts as an opportunity for venal derivatives dealers opportunistically to rip hunks off their customers’ faces.
This is a wonderful narrative, vouchsafing as it does tedious, remunerative arguments that their clients may believe do them a great service, but it really need not be that complicated.