The IECA has created and published a best-in-class master netting agreement. The IECA MNA is designed to reduce credit risk through close-out netting across a broad spectrum of commodities, including gas, power, oil, metals, derivatives, and environmental products. It has the flexibility to cover transactions documented not only by master trading agreements, but also by longform confirmations or bespoke arrangements. It is short, crisp, and supported by enforceability opinions under both New York and English law. Tune in to learn more from two of North America’s leading trading lawyers and members of the drafting team.
Presenters: Nicole Russell, Director and Trading Counsel of Trading Counsel Solutions LLC and Andrea Pincus, Partner at Reed Smith LLC
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