US Resolution Stay: Covered Entity Compliance

The first of three compliance deadlines for US regulations requiring resolution-related amendments to qualified financial contracts is January 1, 2019, and delaying compliance until the subsequent deadlines creates additional risk. Compliance programs may not be able to eliminate this risk due to the scope of contracts to be remediated and the staggered compliance period that looks back to the first compliance date.

Filed under:
USA, Banking, Capital Markets, Derivatives, Insolvency & Restructuring, Insurance, White & Case, Office of the Comptroller of the Currency (USA), Federal Deposit Insurance Corporation (USA), Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 (USA)
Authors:
Edward So , Paul Saltzman , Ian Cuillerier , Rhys Bortignon
Location:
USA
Firm:
White & Case
US Bankruptcy Court Enforces CDO Transaction Flip Clauses

This article was published in a slightly different form in the November 2016 issue of Futures & Derivatives Law by The Journal on the Law of Investment & Risk Management Products.

Introduction

Filed under:
USA, Derivatives, Insolvency & Restructuring, Litigation, White & Case, United States bankruptcy court
Authors:
Ian Cuillerier , David Thatch , Richard Graham , Rhys Bortignon
Location:
USA
Firm:
White & Case
US Bankruptcy Court Enforces CDO Transaction Flip Clauses

This article was published in a slightly different form in the November 2016 issue of Futures & Derivatives Law by The Journal on the Law of Investment & Risk Management Products.

Introduction

Filed under:
USA, Derivatives, Insolvency & Restructuring, Litigation, White & Case LLP, United States bankruptcy court
Authors:
Ian Cuillerier , David Thatch , Rhys Bortignon
Location:
USA
Firm:
White & Case LLP