Don’t flip out! Government's proposals on ipso facto clauses could void securitisation flip clauses

The Australian Government is proposing to constrain certain "ipso facto" clauses ‒ a move which could make flip clauses void. The closing date for submissions is Friday 27 May 2016.

How would changes to ipso facto clauses affect securitisation?

Filed under:
Australia, Insolvency & Restructuring, Litigation, Securitization & Structured Finance, Clayton Utz
Authors:
Andrew Jinks , Sonia Goumenis , Joshua Knuckey , Adeline Goh
Location:
Australia
Firm:
Clayton Utz