NEWS RELEASE For Immediate Release ISDA Welcomes the English Court of Appeal’s Decision to Uphold… Read more ISDA Welcomes the English Court of Appeal’s Decision to Uphold ISDA Master Agreement in LBIE Judgment
ISDA Welcomes the English Court of Appeal’s Decision to Uphold ISDA Master Agreement in LBIE Judgment
In the Firth Rixson case, four out-of-the-money corporate counterparties had declined to terminate their ISDA Master Agreements with Lehman Brothers International Europe (LBIE), relying on Section 2(a)(iii) of the ISDA Master Agreement not to make payments