Template:Dealer polls after LBIE v AGFP: Difference between revisions

Template:Dealer polls after LBIE v AGFP (view source)

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-The quaint notion that a [[dealer poll]] would, at the point when needed, actually do anything was laid to rest in the 2023 case of {{casenote|Lehman Brothers International (Europe)|AG Financial Products, Inc.||}} which involved the closeout and valuation of a {{1992isda}} following  of [[Lehman]]’ collapse. This case is an object less on for many unacknowledged facts about derivatives trading — such as that cases involving can take 15 years to get to judgment — but one of the standout point is the forlorn pointlessness of convening [[dealer poll]]s.
+The quaint notion that a [[dealer poll]] would, at the point when needed, actually do anything was laid to rest in the 2023 case of {{casenote|Lehman Brothers International (Europe)|AG Financial Products, Inc.||}} which involved the closeout and valuation of a {{1992isda}} following [[Lehman]]’s collapse.
+This case is an object less on for many unacknowledged facts about derivatives trading — such as that cases involving seemingly tried and tested aspects of close-out methodology get litigated at all, let alone that they take 15 years to get to judgment — but the standout point is the ''forlorn pointlessness of convening [[dealer poll]]s''.
 From Crane J’s factual summary: