Derivative considerations for end-users in times of disruption

Hogan Lovells

The coronavirus COVID-19 is causing disruption across many business contexts and it would be prudent to do a check of your contractual obligations to determine if there are any consequences of the current disruption. While this should be done across contracts, including loan agreements, bond documents and other type of finance and commercial agreements, this note is intended to provide a short checklist for review of your derivatives agreements in this time of stress. The good news is that the experience with derivatives documentation during the financial crisis in 2008 and Lehman insolvency tested many of these provisions so the marketplace has more certainty as to how to interpret these provisions in the time of stress than we did in 2008.

Please see full Publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Hogan Lovells | Attorney Advertising

Written by:

Hogan Lovells

Hogan Lovells on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.