Derivatives litigation: more developments from the Lehman bankruptcy
The dust continues to settle on litigation stemming from the Lehman bankruptcy. A recent SDNY Bankruptcy Court opinion (In re Lehman Brothers Holdings, Firstbank Puerto Rico v Barclays Capital (2013...
View ArticleMore lessons from the Lehman Bankruptcy: Setoff rights for swap counterparties
As noted last week, litigation stemming from the Lehman bankruptcy continues to impact the understanding of rights and remedies available under ISDA agreements in events of counterparty default or...
View ArticleDodd Frank’s treatment of Non-Deliverable FX Forwards – understanding the...
Complying with Dodd Frank’s recordkeeping and mandatory clearing requirements for certain OTC products has remained a top priority for market participants, and efforts to do so have included working...
View ArticleHedging under Dodd Frank
The CFTC and SEC continue to provide guidance on the broad range of issues raised during rulemaking deliberations, and in particular have begun to clarify how hedging transactions will be documented...
View ArticleDodd Frank’s embedded technology requirements
While Dodd Frank’s transaction reporting components have remained a clear focus of compliance efforts during the past 18 months, other provisions within the Act’s general recordkeeping requirements...
View ArticleRecent developments in MBS Litigation: Trustee Liability to Institutional...
Mortgage backed securities litigation has been watched closely in the aftermath of the financial crisis, and a series of recent matters involving pension fund plaintiffs have addressed themes that will...
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