The Jolly Contrarian

Template:M premium 1992 ISDA 5(a)(i)

Bankruptcy and Failure to Pay

  • Cashflow insolvency
  • Beware AET
  • Non-Bankruptcy close-out monkey business
  • Differences between a CDS Failure to Pay and an ISDA Section 5(a)(i) Failure to Pay or Deliver
  • Payments satisfied other ways
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