Netting opinion: Difference between revisions

Netting opinion (view source)

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	{{g}}The Good Lord bless the [[Netting opinion]]: no-one else who has ~~yet~~ spring left in its mortal coil will.		{{g}}The Good Lord bless the [[Netting opinion]], for no-one else who yet has spring left in its mortal coil, will.

	It is, but is not ''just'', a [[legal opinion]] — at the best of times a dreary, charmless and pointless affair — but one addressing one of the most soul-obliterating questions a grown adult could pose: whether an insolvency administrator of an insolvent [[counterparty type\|counterparty of a certain type]], in a certain jurisdiction, would be obliged to respect the [[close-out netting]] provisions under your [[master trading agreement]] should that [[counterparty]] go bust.		It is, but is not ''just'', a [[legal opinion]] — at the best of times a dreary, charmless and pointless affair — but one addressing one of the most soul-obliterating questions a grown adult could pose: whether an insolvency administrator of an insolvent [[counterparty type\|counterparty of a certain type]], in a certain jurisdiction, would be obliged to respect the [[close-out netting]] provisions under your [[master trading agreement]] should that [[counterparty]] go bust.