The Asian debt markets are currently being buffeted by unusual conditions – COVID 19 and its aftermath; multiple signs of stress in many sections of the economy and, the general hammering of the ...

A credit event is a sudden negative change in a borrower's ability to meet financial obligations, triggering settlements in ...

The High Court of England and Wales has recently provided welcome clarification around the nature of events of default under derivatives contracts governed by the ISDA Master Agreement, in particular ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Article 9 of the Uniform Commercial Code (UCC) governs secured transactions, and Part 6 of this article governs the rights and duties of the parties in the event of default. In the event of default by ...

Credit default swaps are a financial derivative used to offset the risk of lending money. These financial tools are somewhat infamous in the modern era due to their role in the Great Recession.

In their Real Estate Financing column, Jeffrey Steiner and Megan Vallerie discuss the question of whether or not the exercise of remedies by a lender following a non-monetary event of default is ...

The New York Stock Exchange on Monday said it would begin the delisting process for Fisker Inc. stock — a move the struggling electric-vehicle maker said would trigger an “event of default” on some of ...