Close-Out: The Law and Market Practice of OTC Derivative Terminations

This invaluable new title is accessible to both lawyers and traders, setting out how the termination mechanics in the contracts work, tying these principles into standard practices of trading and valuation, identifying the areas which are most ripe for dispute and how to manage those risks, using practical scenarios to illustrate the issues, and providing a readily accessible summary of the most important case-law and draft standard form notices.