Template:2(a)(iii): Difference between revisions
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===Section 2(a)(iii) litigation=== | ===Section {{isdaprov|2(a)(iii)}} litigation=== | ||
There is a (generous) handful of important authorities on the effect under [[English law]] or [[New York law]] of the suspension of obligations under Section {{isdaprov|2(a)(iii)}} of the {{isdama}}, and whether [[flawed asset]] provision amounts to an “[[ipso facto]] clause” under the [[US Bankruptcy Code]] or violates the “[[anti-deprivation]]” principle under [[English law]]. Those cases are: | There is a (generous) handful of important authorities on the effect under [[English law]] or [[New York law]] of the suspension of obligations under Section {{isdaprov|2(a)(iii)}} of the {{isdama}}, and whether [[flawed asset]] provision amounts to an “[[ipso facto]] clause” under the [[US Bankruptcy Code]] or violates the “[[anti-deprivation]]” principle under [[English law]]. Those cases are: | ||
Revision as of 07:32, 30 January 2020
Section 2(a)(iii) litigation
There is a (generous) handful of important authorities on the effect under English law or New York law of the suspension of obligations under Section 2(a)(iii) of the ISDA Master Agreement, and whether flawed asset provision amounts to an “ipso facto clause” under the US Bankruptcy Code or violates the “anti-deprivation” principle under English law. Those cases are: