NYLJ: clarity on repo collateral valuation in dysfunctional markets is a long way away

Shmuel Vasser, business restructuring and bankruptcy lawyer at Dechert LLP, writes that the question of what defines a dysfunctional market, one that justifies the application of the discounted cash flow method, remains unanswered, leaving investors with continued uncertainty in the valuation of repo collateral in bankruptcy cases. Unless and until courts provide meaningful guidance, the resolution would remain speculative.

Read the full article

Related Posts

Previous Post
ECB harmonizing settlement and collateral management systems
Next Post
Implementing Change in 2018

Related Posts

Fill out this field
Fill out this field
Please enter a valid email address.

Menu
X

Reset password

Create an account