If this email is not displayed correctly please click here

Derivatives

25 March 2020
Donna M Parisi COVID-19: derivatives implications

International - Shearman & Sterling LLP

The outbreak of the novel coronavirus (COVID-19) has implications for derivatives contracts. For example, some companies are asserting that the reported disruptions in the global supply chain and travel restrictions constitute a force majeure, which is a legal basis for excusing non-performance and a right to terminate under contracts. This article examines certain issues that market participants may wish to consider when evaluating the potential impact of the COVID-19 outbreak on their outstanding derivatives contracts.

Authors: Donna M Parisi, Geoffrey B Goldman, Azam H Aziz, Naffie Lamin
Read more

Recent updates

Donna M Parisi CFTC staff issues three letters providing LIBOR transition relief to market participants

USA - Shearman & Sterling LLP

Authors: Donna M Parisi, Geoffrey B Goldman, Azam H Aziz, Jennifer Oosterbaan

ONLINE MEDIA PARTNERS