Termination of swaps under US insolvency laws

This article describes in detail the applicability of the provisions of the United States Bankruptcy Code to typical swap termination provisions. Since a swap agreement is almost invariably an executory contract, the provisions of Section 365 of the Bankruptcy Code will be the primary focus.

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Veröffentlicht in:International financial law review 1984-12, Vol.3 (12), p.17-21
1. Verfasser: Henderson, Schuyler K
Format: Magazinearticle
Sprache:eng
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Zusammenfassung:This article describes in detail the applicability of the provisions of the United States Bankruptcy Code to typical swap termination provisions. Since a swap agreement is almost invariably an executory contract, the provisions of Section 365 of the Bankruptcy Code will be the primary focus.
ISSN:0262-6969