Netting opinion: Difference between revisions

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{{g}}The Good Lord bless the [[netting opinion]], for no-one else, who yet has spring left in its mortal coil, will.  
{{a|netting|{{image|Netting Eagle|png|''Legal Eagle Laid Low by Netting Opinions'' {{vsr|1986}}}}}}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.

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