Metavante v Lehman: Difference between revisions

no edit summary
No edit summary
No edit summary
 
(One intermediate revision by the same user not shown)
Line 7: Line 7:
*11 months after the bankruptcy filing was too late for Metavante to suddenly go “oh whoopsie” and trigger early termination. It imposed a [[sunset clause|sunset]] on a Metavante’s right to early termination following a bankruptcy even though there wasn’t one in the {{isdama}} or the [[Bankruptcy Code]] itself.  
*11 months after the bankruptcy filing was too late for Metavante to suddenly go “oh whoopsie” and trigger early termination. It imposed a [[sunset clause|sunset]] on a Metavante’s right to early termination following a bankruptcy even though there wasn’t one in the {{isdama}} or the [[Bankruptcy Code]] itself.  


Very sucky motor, as they used to say.
\
===Media===
===Media===
*[http://ftalphaville.ft.com/blog/2009/09/30/74606/lehman-metavante-and-the-isda-master-agreement/ Lehman, Metavante and the ISDA Master Agreement - FT Alphaville]
*[http://ftalphaville.ft.com/blog/2009/09/30/74606/lehman-metavante-and-the-isda-master-agreement/ Lehman, Metavante and the ISDA Master Agreement - FT Alphaville]


{{2(a)(iii)}}
{{2(a)(iii)}}