Litigation challenges counterparty right to withhold payments under Section 2(a)(iii) of ISDA Master Agreement as violation of automatic stay provisions of US Bankruptcy Code

Date

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Location
USA
Firm
Cadwalader Wickersham & Taft LLP
Tags
USA
New York
Derivatives
Insolvency & Restructuring
Litigation
Cadwalader Wickersham & Taft LLP
Bankruptcy
Condition precedent
Libor
Debtor
Safe harbor (law)
Interest
Swap (finance)
Liquidation
Default (finance)
Lehman Brothers
United States bankruptcy court