Close-out netting (international financial law)
December 21st, 2022
As instructed by your customer service specialist, I am notifying that I want to be assigned the same writer as my previous order #26875. Below are 2 essay prompts. I need one essay that covers the requirements of both prompts which are effectively asking the same thing with only small nuances. There are 3 sources (numbers 1-3) that MUST be used attached. Additionally sources numbered 4 and 5 are summary slides explaining the first 3 sources. The readings from these 3 sources have to be cleverly woven into an answer to the common denominators of the prompts with a thesis (first paragraph), development and conclusion. Please note I’d like one whole paper not 3 separate ones or 1 split into 2 prompts. Prompt 1 – “Close-out netting” is a relatively new term and one that is legally defined in only very few jurisdictions. This fact has immediate repercussions on legal certainty in domestic and cross- jurisdictional legal settings. Prompt 2 – Where domestic legislation protects the enforceability of close-out netting agreements to a certain defined extent, what will be the practical reach of this legislation and can the legislator be sure that the financial institutions on its territory will be fully subject to the policy decisions underlying that netting legislation? I will order 5 more essays if this one is successful.