Bankruptcy
Chapter 14: using bankruptcy law to solve too-big-to-fail
Too-big-to-fail: the next Chapter
Energy players assess MF Global fallout
MF Global’s bankruptcy is unlikely to significantly impact commodity markets, participants say, but could affect the Dodd-Frank rule-making process
Credit risk
Special report
Market analysts consider impact of resolution regimes on CDS market
Resolution regimes rule, OK?
Bankruptcy: flaw in the law? Joseph Mason column
Bankruptcy: flaw in the law?
Planning for bankruptcy of a major counterparty
Backup plan
Lehman opts to settle over Dante flip-clause transactions
Trustees relieved as settlement looks imminent
Blockbuster bankruptcy highlights dangers to investors of obsolete business models
Blockbuster bankruptcy highlights dangers to investors of obsolete business models
Bondholders hit out at 'forum shopping' by borrowers
Shopping around
Lehman's legacy
Lehman's legacy
China's bond laws remain a 'quagmire' for foreign investors, warns advisory firm
Investors in Chinese corporate bonds may struggle to recover their money in the event of a bankruptcy, according to FS Asia Advisory.
Harbouring doubts on close-out netting
Derivatives safe harbours are viewed as crucial to close-out netting. However, they are under siege from the US Congress, where legislators have tried to undo the protections given to market participants when a counterparty defaults. Mark Pengelly reports
Where there’s a will…
Living wills have quickly emerged as a new measure to ensure banks are better prepared for the next crisis. But clear definitions of exactly what information they should contain and how they should be drawn are lacking
Derivatives safe harbours under siege
Amendment to US financial reform package proposes an end to derivatives safe harbours
FSA’s Huertas says ending ‘too big to fail’ is the top regulatory issue
Regulators mull over intervention options for systemic risk firms
Lehman reorganisation plan not equitable, says LBIE administrator
Plans by Lehman Brothers Holding Inc (LBHI) to disregard a majority of guarantee claims from its affiliates are not fair, according to one of the joint administrators of Lehman Brothers International (Europe) (LBIE).
Lehman reorganisation plan not “equitable” – LBIE
Plans by Lehman Brothers Holding Inc (LBHI) to disregard guarantee claims from its affiliates are not fair, according to one of the joint administrators of Lehman Brothers International (Europe) (LBIE).
Lehman takes aim at guarantee claims
Lehman Brothers Holding Inc (LBHI) confirmed yesterday in its bankruptcy disclosure statement that there are doubts over the validity of third-party and affiliate guarantee claims that cite a pledge by the holding company to take on its subsidiaries'…
The Lehman flip clause flap
The decision of a US bankruptcy court to void contractual provisions that shield investors from the credit risk of swap counterparties in structured finance deals has put the legal systems of England and the US on a collision course. It also has…