Template:Insolvency vs insolvency filing: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
← Older editNewer edit →
VisualWikitext
No edit summary
Line 1: Line 1:
You may be forgiven for wondering what the difference is between “{{eqderivprov|Insolvency}}” — the normal {{eqderivprov|Adjustment Event}} from Section {{eqderivprov|12.6}} and the {{eqderivprov|Additional Adjustment Event}} known as “{{eqderivprov|Insolvency Filing}}”. It’s a good question that, we dare say, even {{icds}} would struggle to capably answer, but the reality is that this people tend to disapply {{eqderivprov|Insolvency Filing}}, as it is covered by other {{eqderivprov|Additional Disruption Events}} so this is the one that is important.
You may be forgiven for wondering what the difference is between “{{eqderivprov|Insolvency}}” — the normal {{eqderivprov|Extraordinary Event}} from Section {{eqderivprov|12.6}} and the {{eqderivprov|Additional Disruption Event}} known as “{{eqderivprov|Insolvency Filing}}”. It’s a good question that, we dare say, even {{icds}} would struggle to capably answer, but the reality is that this people tend to disapply {{eqderivprov|Insolvency Filing}}, as it is covered by other {{eqderivprov|Additional Disruption Events}} so this is the one that is important.

Revision as of 14:46, 27 March 2020

You may be forgiven for wondering what the difference is between “Insolvency” — the normal Extraordinary Event from Section 12.6 and the Additional Disruption Event known as “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 this is the one that is important.

Retrieved from "https://jollycontrarian.com/index.php?title=Template:Insolvency_vs_insolvency_filing&oldid=42316"