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Amwelladmin (talk | contribs) (Created page with "===={{tag|ERISA netting}}==== Famously, ERISA plans tend to be set '''not''' to net, and for the unholiest of reasons, courtesy of the phantasmagorical imagination...") |
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*The [[Bankruptcy Code]], today, contains a [[safe harbor]] allowing you to close out an ISDAs without fearing for your [[netting]]. | *The [[Bankruptcy Code]], today, contains a [[safe harbor]] allowing you to close out an ISDAs without fearing for your [[netting]]. | ||
*The [[ERISA]] legislation, today, allows you to apply safe harbours contained in the [[Bankruptcy Code]]. | *The [[ERISA]] legislation, today, allows you to apply safe harbours contained in the [[Bankruptcy Code]]. | ||
*The [[US attorney|''very wisest tiger in the jungle'']] thinks that this might mean ''just the [[safe harbor]]s that were there in 1971, ''even if they don’t exist today'', and none of the safe | *The [[US attorney|''very wisest tiger in the jungle'']] thinks that this might mean ''just the [[safe harbor]]s that were there in 1971, ''even if they don’t exist today'', and none of the [[safe harbor]]s that have been enacted since, even if they do, because when referring to the [[Bankruptcy Code]], [[ERISA]] doesn’t say “[[as amended from time to time]]”. | ||
Seriously. That’s it. | Seriously. That’s it. |