Search results

Do you have sufficient "possession" or "control" for your security interest to qualify for protection under the Financial Collateral Arrangement (No.2) Regulations 2003 (the Regulations)? Since the decision in Gray v G-T-P Group two years...

The Eurozone crisis continues to dominate the global economic landscape, raising questions among market participants as to the implications for market standard derivatives documentation should a Eurozone member leave the currency union, albeit this remains an...

The publication of the Main Book of the 2011 ISDA Equity Derivatives Definitions (the 2011 Definitions) by the International Swaps and Derivatives Association, Inc. (ISDA) represents an important milestone in an ongoing project aimed at increasing the level of...

The Global Master Repurchase Agreement (GMRA) is used across the globe as the standard contract for documenting transactions in the international repo market. After reviewing the 2000 version of the GMRA in light of the financial crisis and the Lehman collapse,...

Last year, doubt was cast on the ability of a collateral-taker to establish a security financial collateral arrangement over intangible property by taking "possession" of that property and thereby benefit from the many protections afforded by the Financial...