US Bankruptcy Court denies counterparty contractual right to withhold payments under Section 2(a)(iii) of the ISDA Master Agreement

Date

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Location
USA
Authors
Ian Cuillerier
Abraham Zylberberg
Firm
White & Case LLP
Tags
USA
Derivatives
Insolvency & Restructuring
Litigation
White & Case LLP
Bankruptcy
Condition precedent
Libor
Debtor
Safe harbor (law)
Interest
Swap (finance)
Concession (contract)
Default (finance)
Title 11 of the US Code
Lehman Brothers
United States bankruptcy court