Key Issues in OTC Derivatives Contracts as COVID-19 Disrupts Global Financial Markets
The Energy Law Blog
MARCH 25, 2020
In the 2002 ISDA Master Agreement this concept appears in the “force majeure” termination event, and in the 1992 ISDA Master Agreement it is often adopted as an “impossibility” additional termination event. It has been an extraordinary few weeks as businesses face challenges presented by the COVID-19 outbreak. Margin Calls.
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