Template:Erisa netting: Difference between revisions
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*The [[Bankruptcy Code]], today, contains a [[safe harbor]] allowing you to close out an ISDAs without fearing for your [[netting]]. | *The [[Bankruptcy Code]], today, contains a [[safe harbor]] allowing you to close out an ISDAs without fearing for your [[netting]]. | ||
*The [[ERISA]] legislation, today, allows you to | *The [[ERISA]] legislation, today, allows you to rely on available [[safe harbor]]s set out in the [[Bankruptcy Code]]. | ||
* | *Since the [[ERISA]] legislation was enacted in 1971, thought, the [[US attorney|''very wisest eagle of the legal eagles'']] thinks this might mean only the [[safe harbor]]s that were there in 1971 count, ''even if they don’t exist today'', and none of the [[safe harbor]]s that have been enacted since, even if they do, because when referring to the [[Bankruptcy Code]], [[ERISA]] doesn’t say “[[as amended from time to time]]”. | ||
Seriously. That’s it. | Seriously. That’s it. |