We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance

Results: 1-10 of 1,348

What’s in store? Exploring issues in commodity storage and warehousing
  • Reed Smith LLP
  • United Kingdom
  • February 9 2011

As demand for storage capacity for the world's most commonly traded commodities grows, governments and major private commodity trading companies are investing heavily in warehousing and tank capacity

Fondazione Enasarco v Lehman Brothers S.A.: English court rules on calculation of loss under the 1992 ISDA Master Agreement
  • Sidley Austin LLP
  • United Kingdom
  • May 12 2015

On May 12, 2015, the English High Court gave its judgment in Fondazione Enasarco v (1) Lehman Brothers Finance S.A. and (2) Anthracite Rated

Section 2(a)(iii) of the ISDA Master Agreement, similar clauses and insolvency
  • Reed Smith LLP
  • United Kingdom, USA
  • November 11 2010

There have been so many articles written and opinions expressed on the spate of cases on the effect of how netting provisions in over-the-counter ("OTC") derivative contracts work when a counterparty becomes in default, that you would be forgiven for being confused about the current position

Claims for ISDAfix manipulation
  • Collyer Bristow LLP
  • United Kingdom
  • October 23 2014

Until recently there has been relatively little press coverage about possible claims for manipulation of the ISDAfix (the leading global benchmark

New powers for Ofgem to investigate and enforce breaches of remit
  • Herbert Smith Freehills LLP
  • United Kingdom
  • June 14 2013

On 6 June 2013 the Department of Energy and Climate Change (DECC) laid a draft Order (SI 20131389) before Parliament, which will grant Ofgem new

Titan Steel Wheels Ltd v The Royal Bank of Scotland plc
  • Herbert Smith Freehills LLP
  • United Kingdom
  • April 12 2010

Titan Steel Wheels ("Titan"), a manufacturer of steel wheels for the 'off-highway' vehicle industry and a subsidiary of a large engineering group, brought a mis-selling claim against RBS in respect of two currency swap derivative products sold to it in June and September 2007

Haugesund Kommune and Narvik Kommune v Depfa ACS Bank
  • Herbert Smith Freehills LLP
  • United Kingdom
  • July 7 2010

Depfa ACS Bank, an Irish bank, (the "Bank") entered into two "zero coupon swap agreements" (the "Swaps") (so called because the Bank paid no interest on the agreements) with two Norwegian local authorities, Haugesund and Narvik (the "Kommunes"

ISDA documentation case law flawed asset provision
  • Norton Rose Fulbright LLP
  • United Kingdom
  • April 20 2012

In Lomas and others v JFB Firth Rixson Inc and others, the English Court of Appeal considered the effect of section 2(a)(iii) of the ISDA Master Agreement, which provides that a party’s payment and delivery obligations are subject to a number of conditions precedent, including the condition precedent that no “Event of Default” has occurred and is continuing in relation to the other party

Ship finance update changes to interest rate-setting mechanisms
  • Clyde & Co LLP
  • United Kingdom
  • April 23 2015

The Loan Market Association (LMA) recently published a set of updates to their suite of syndicated loan facility documentation, and, in this note, we

International regulatory update 27 April 1 May 2015
  • Clifford Chance LLP
  • China, European Union, Germany, Poland, Singapore, Switzerland, United Kingdom, USA
  • May 6 2015

The European Central Bank (ECB) and EU Commission have jointly launched their reports on financial integration in the EU in 201415. The ECB report