Stanford Renas

Stanford Renas

Katten Muchin Rosenman LLP

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Force Majeure Clauses and Financially Settled Transactions Under the ISDA Master Agreement

Key Points - - The 2002 ISDA Master Agreement has a force majeure clause, but the 1992 ISDA Master does not. - A force majeure defense is unavailable unless payment/delivery is actually prevented. - Under a Force...more

4/6/2020  /  Business Interruption , Contract Termination , Contract Terms , Coronavirus/COVID-19 , Cross-Border Transactions , Derivatives , Force Majeure Clause , ISDA , ISDA Master Agreement , Notice Requirements
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