Obscure change in derivatives contracts under development by ISDA would require a 'stay' preventing trading partners from calling in collateral when a bank nears failure.
By Jesse Hamilton and Silla Brush|July 30, 2014 at 07:31 AM
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
Wall Street and global financial regulators, trying to squash the lingering perception that banks remain “too big to fail,” are looking to an obscure change in derivatives contracts to solve the problem.
Can a party to a case where a judgment has been entered in compulsory arbitration have that judgment modified without appealing? This is the underlying question in the recent matter heard by the Pennsylvania Superior Court, captioned as Blucas v. Agiovlasitis, 2018 Pa.Super. 25.