Event Publicly Available Information:
The Eligible Market Participant that raised the potential DC Issue has asked the DC to consider whether proceedings pursuant to §§ 270, 270 b of the German Bankruptcy Code [Insolvenzordnung] would trigger a Bankruptcy Credit Event pursuant to Article IV, Section 4.2 of the 2014 ISDA Credit Derivatives Definitions? Alternatively, would proceedings pursuant to §§ 270, 270 b of the German Bankruptcy Code [Insolvenzordnung] trigger a Restructuring Credit Event pursuant to Article IV, Section 4.7 of the 2014 ISDA Credit Derivatives Definitions?
Date | Description | Document |
---|---|---|
Closed | Potential DC Issue was deemed rejected under DC Rule 2.2(a). | |
Pending DC Consent |