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==Section 2(a)(iii) litigation== | |||
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===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. | 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. | ||
==Resources== | ===Resources=== | ||
*{{casenote|Lomas|Firth Rixson}} | *{{casenote|Lomas|Firth Rixson}} | ||
*{{casenote|Marine Trade|Pioneer}} | *{{casenote|Marine Trade|Pioneer}} | ||
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*{{casenote|Enron|TXU}} | *{{casenote|Enron|TXU}} | ||
*{{casenote|Metavante|Lehman}} | *{{casenote|Metavante|Lehman}} | ||
==See also== | ===See also=== | ||
*[[ISDA Anatomy]] | *[[ISDA Anatomy]] |
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