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• 19:00, 11 September 2024 Amwelladmin talk contribs created page Template:M intro isda bankruptcy phase transition (Created page with "Here is a scenario: {{quote|You are a credit officer in the commercial division of your local bank. It transpires your customer, who recently drew a £100 million fixed-rate term loan from you, is on the point of bankruptcy.}} What to do? ====The phase transition of bankruptcy==== {{drop|N|ow. In the}} jurisprudence of company law, formal insolvency is a “phase transition”: a company’s whole “legal context” ''changes'' upon its bankruptcy. Erstwhile ...")