Przepis na : obiad
At its core, the safe harbors enable a repo Buyer who is faced with a Seller in bankruptcy to exercise a number of rights and protect funds already received from being clawed back in a manner that is not available to a non-safe harbored agreement. For example, pursuant to sections 555 of the Bankruptcy Code (applicable to Securities Contracts) and section 559 of the Bankruptcy Code (applicable to Repurchase Agreements), a repo Buyer facing a Seller in bankruptcy is permitted to: A repurchase agreement, also...