Credit Requirements Under Energy Master Agreements - Enhancing Your Protection & Recovery

Location

Newport Beach, CA
United States

Date
March 11, 2012
Type
Presentation
Event Type
Spring Conference
Presenters
Daryl Rice
Description

Although heavily-structured oneoff transactions soak up much of the attention of your credit, documentation and legal departments, chances are that most of your organization’s credit exposure to counterparties is subject to one of the standard energy master trading agreements – ISDA, EEI, NAESB, etc. This session will give an overview of the built-in tools these master agreements give credit managers to manage that exposure, then will explore some common risk scenarios (like downgrades or bankruptcy), some less common ones (regulatory change) and techniques for managing your risk to each scenario. Learn about how various termination scenarios play out under the master agreements, and things you can do to enhance recovery under each.