US and English courts differ over broker-dealer bankruptcy on out-of...

09/17/12


Hedge Funds Review Magazine

US and English courts differ over broker-dealer bankruptcy on out-of-the-money ...
Hedge Funds Review Magazine
It held that while Metavante was not obligated to terminate immediately the swap on the debtors' bankruptcy filings, the failure to do this after one year constituted a waiver of such right. The US Bankruptcy Court cited legislative history as ...

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