New York state court ruled that a non-defaulting insurer’s valuation under the 1992 ISDA Master Agreement was commercially reasonable and in good faith and was not required to rely on market prices that distorted the value of...more
Courts remain divided as to whether electricity is a good (resulting in an administrative claim for electricity provided in the 20-day period before a bankruptcy case is filed) or service (no administrative...more
In an amicus brief, the International Swaps and Derivatives Association and the Securities Industry and Financial Markets Association argued that the amount of a dealer’s termination claim under the 1992 ISDA Master Agreement...more
11/29/2022
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Bankruptcy Code ,
Bankruptcy Court ,
Debtors ,
Insolvency ,
Interest Rates ,
Ipso Facto Clauses ,
ISDA ,
SIFMA ,
Swaps ,
Trade Associations