Topic
financial contracting
19 published works
The Long and Short of It
Bringing clarity to notices – ISDA Notices Hub
Unfortunately, based on a reputation for being somewhat boiler-plate, notice provisions are often not given the care and attention in negotiations they deserve. In practice, however, notice provisions are crucial…
FinTalk
When Is an Event of Default “Continuing”?
Over a decade after Lehman’s insolvency, the English High Court handed down a key judgement in Grant v FR Acquisitions Corporation (Europe) Ltd [1] on 11 October 2022. The judgement provides commentary on…
Best Methods
LIBOR Phase Out – Tax Implications in the Context of Related-Party Loans
By Scott Stewart, Anthony D. Pastore
As market participants evaluate their loan portfolios and implement strategies to transition away from the London Interbank Offered Rate (“LIBOR”), they must address not only third-party loans, but related-party loans…
Modern contract management blog
Make the Most Out Of Your Financial Contracts With Finance Contract Software
By Olga Mack
A contract is a binding agreement between two or more parties, and it’s important to make sure that all details are ironed out before signing on the dotted line. That’s…
eDiscovery Today Blog
If You’re a Financial Institution, Here are 400 Trillion Reasons Why Need to Update Your Contracts: Contract Management Trends
By Doug Austin
That’s a lot of reasons! But as this article from Compliance discusses, hundreds of millions of financial institution contracts need to be updated because of a change in the interest…
Eye on IBOR Transition
ISDA Board Announces Forthcoming Launch of Fallbacks Supplement and Protocol
By Christopher Arnold, Curtis A. Doty, Edmund "Ed" Parker, Anna T. Pinedo, Jeffrey P. Taft
On October 9, ISDA published a statement from its board of directors announcing that ISDA will launch the IBOR Fallbacks Supplement to the 2006 ISDA Definitions and the ISDA 2020…
Eye on IBOR Transition
SOFR Starter Kit Tools That Should Be Adopted Immediately
On August 7, 2020, the Alternative Reference Rate Committee of the U.S. Federal Reserve (the “ARRC”) released a three-part “SOFR Starter Kit.” The first two parts[1] provide a history of…
New York Business Law and Commercial Litigation Blog
Is LIBOR Transition On Track for the End of 2021?
As you are aware, LIBOR (London Interbank Offered Rate) is due to phase out by the end of 2021. Currently, many companies in the United States use LIBOR as a…
Financial Services Observer
Prioritize Monitoring Financial Contracts
Many counterparties are dealing with the impact of market volatility, unprecedented margin calls and the combined effects on their financial contracts, many of which are active master agreements executed years…
Business and Commercial
FMLC report on continuity concerns in legacy contracts post-Brexit
On 6 August 2018, the Financial Markets Law Committee (FMLC) published a paper, U.K. Withdrawal from the EU: Issues of Legal Uncertainty Arising in the Context of the Robustness of…