Master Netting Agreements and Developments in Enforcement of Cross-Affiliate Set Off

Location

Napa Valley, CA
United States

Date
April 22, 2015
Type
Presentation
Event Type
Spring Conference
Presenters
Scott Le Bouef, Zackary Starbird, John Evenstad, Paul Turner
Description

Scott LeBeouf covers the basics of master netting agreements (MNA). An MNA allows two counterparties who have multiple contracts with each other, to net settle current and future liabilities for all contracts in the event of default on or termination of any one contract. Also, discussion will cover cash collateral, through a single payment, in a single currency. This session provides updates on enforcement of more complex issues such as Cross-Affiliate Set Off.