Template:2(a)(iii): Difference between revisions

no edit summary
No edit summary
No edit summary
Line 1: Line 1:
===Section 2(a)(iii) litigation===
===Section 2(a)(iii) litigation===
This is one of the handful of important authorities on the effect of the suspension of obligations under Section {{isdaprov|2(a)(iii)}} of the {{isdama}}, and whether [[flawed asset]] provision amounts to an [[ipso facto]] clause under the [[US Bankruptcy Code]] or a violation of the [[anti-deprivation]] principle under English law.
There is a (generous) handful of important authorities on the effect under [[English law]] or [[New York law]] of the suspension of obligations under Section {{isdaprov|2(a)(iii)}} of the {{isdama}}, and whether [[flawed asset]] provision amounts to an [[ipso facto]] clause” under the [[US Bankruptcy Code]] or violates the [[anti-deprivation]]principle under [[English law]]. Those cases are:


===Resources===
===Resources===
Line 9: Line 9:
*{{casenote|Enron|TXU}}
*{{casenote|Enron|TXU}}
*{{casenote|Metavante|Lehman}}
*{{casenote|Metavante|Lehman}}
===See also===
*[[ISDA Anatomy]]