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Bankruptcy - ISDA Provision: Difference between revisions
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{{isdaanat|5(a)(vii)}} | {{isdaanat|5(a)(vii)}} | ||
==== | ====Differences between {{1992isda}} and {{2002isda}} definitions of {{isdaprov|Bankruptcy}}==== | ||
There are two: | There are two: | ||
*'''Slightly more specific concept of insolvency''': firstly, in limb 4 ('''insolvency proceedings''') a new limb (A) has been included to cover action taken by an entity-specific regulator or supervisor (as opposed to a common or garden insolvency proceeding) | *'''Slightly more specific concept of insolvency''': firstly, in limb 4 ('''insolvency proceedings''') a new limb (A) has been included to cover action taken by an entity-specific regulator or supervisor (as opposed to a common or garden insolvency proceeding) | ||