Tag: event of default
Showing 5 out of 5 results
06 March 2019
Important High Court guidance on the limits of determining party's discretion when calculating Loss under the 1992 ISDA Master Agreement
26 April 2018
Court of Appeal confirms wide discretion afforded to a non-Defaulting Party when determining "fair market value" of securities under the GMRA (2000 version)
The recent Court of Appeal decision in LBI EHF v Raiffeisen Bank International AG [2018] EWCA Civ 719 affirms the wide discretion of the …
19 December 2017
New guidance from the High Court of Section 6(a) of the ISDA Master Agreement (right to terminate following Event of Default)
The High Court has recently considered the interpretation of Section 6(a) of the 1992 ISDA Master Agreement: Grant & Ors v WDW 3 Investments Ltd …
16 May 2013
UK Supreme Court clarifies the "balance-sheet" insolvency test
BNY Corporate Trustee Services Limited v Eurosail-UK 2007-3BL PLC [2013] UKSC 28 The Supreme Court has delivered a …
03 April 2012
Court of Appeal provides clarity on payment obligations owed to insolvent counterparties
In a keenly anticipated judgment, the Court of Appeal today handed down its verdict in four appeals ([2012] EWCA Civ 419. In the appeal of (1) Lomas …