82,459
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Employee Retirement Income Security Act of 1974: Difference between revisions
Employee Retirement Income Security Act of 1974 (view source)
Revision as of 16:40, 14 September 2017
, 14 September 2017→{{tag|Netting}}
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The credit/trading risk analysis would also be directed at the assets in the fund. There will be no recourse beyond them and [[I]] can’t see how the characterisation of the person contributing those assets in return for a structurally [[subordinated]] equity stake could make any difference, either in the UK or in the US. | The credit/trading risk analysis would also be directed at the assets in the fund. There will be no recourse beyond them and [[I]] can’t see how the characterisation of the person contributing those assets in return for a structurally [[subordinated]] equity stake could make any difference, either in the UK or in the US. | ||
==={{tag|Netting}}=== | ===={{tag|Netting}}==== | ||
Famously, ERISA plans tend to be set '''not''' to [[Netting|net]], and for the unholiest of reasons, courtesy of the phantasmagorical imagination of some wise [[mediocre lawyer|counsel]] at Cadwalader, upon whom the whole market relies. | Famously, ERISA plans tend to be set '''not''' to [[Netting|net]], and for the unholiest of reasons, courtesy of the phantasmagorical imagination of some wise [[mediocre lawyer|counsel]] at Cadwalader, upon whom the whole market relies. | ||