ISDA Master Agreement — final amendment to section 2(a)(iii)

In January 2014, the International Swaps and Derivatives Association (ISDA) published a draft amendment to section 2(a)(iii) and we provided a summary of the proposed amendment at that time.

On 19 June 2014, ISDA published a standard form amendment to the ISDA Master Agreement, which inserts a time limit on the operation of that provision in circumstances where an event of default has occurred in relation to one of the parties…

Click on the link below to read the rest of the Eversheds briefing.

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