Law on Financial Derivatives, The

The Law on Financial Derivatives offers you an extensive analysis and explanation of the legal and regulatory principles underlying over-the-counter (OTC) derivatives in the UK. Drawing together concepts from many areas of law – including contract, tort, trusts and private international law – it shows how they relate to the day-to-day practice of financial derivatives markets and the completion of standard market contracts.Whether you’re looking for concise, to-the-point guidance on the basic issues of OTC derivatives, or a thorough, in-depth analysis of some of the more complex issues surrounding the industry, this title provides you with all the information you need to advise your clients confidently.This new edition covers all of the litigation which has arisen in the wake of the collapse of Lehman Brothers and the credit crunch; explains the proposals for the regulation of derivatives in the EU and in the USA; and provides a full analysis of the ISDA Master Agreement and the many recent cases which have cast doubt on its effectiveness.Provides an extensive analysis and explanation of the legal and regulatory aspects of over-the-counter (OTC) derivatives in the UK and in the EUCovers all the key aspects of derivative products such as creating and structuring derivatives contracts, interpreting and performing standard market agreements, effecting security and collateral arrangements, set-off and nettingConsiders the manner in which existing legal principles - such as contract, tort, trusts - relate to OTC derivatives transactionsAnalyses the new code for the taxation of derivatives in the UKDiscusses conflict of laws issuesAnalyses the standard market documentation in depthIncludes in-depth analysis of cases and regulatory changesConsiders real-world problems faced by practitioners working in-house or in private practice, and suggests solutionsNew to this edition:Updated to consider the proposals for the regulation of derivatives in the EU, including the transaction of derivatives on regulated markets and the clearing of derivatives, as well as the impact of MiFID on derivativesExpanded to include new coverage of collateralised debt obligations Comprehensive and authoritative analysis of nearly one hundred new cases relating to derivatives, including: Belmont Park Investments Pty Ltd v BNY Corporate Trustee Services Ltd (“Perpetual Trustee”)BNY Corporate Trustee Services Ltd v Eurosail-UK 27-3BLLomas v AFB Firth Rixson; Marine Trade v Pioneer Freight Futures Co Ltd BVIPioneer Freight Futures v COSCO Bulk CarriersPioneer Freight Futures v TMT AsiaTitan Steel Wheels v Royal Bank of ScotlandPeekay Intermark Ltd v ANZFlame SA v Primera MaritimeJP Morgan v SpringwellIFE v Goldman SachsCamerata Property Inc v Credit Suisse Securities (Europe) LtdCassa di Risparmio SpA v Barclays Bank LtdCukurova Finance International Ltd v. Alfa Telecom Turkey LtdAnthracite Rated Investments (Jersey) Ltd v Lehman Brothers Finance S.A.Britannia Bulk Navigation v Pioneer Navigation LtdMorgan Stanley & Co International plc v China Haisheng Juice Holdings Co LtdJP Morgan Chase Bank NA v Berliner Verkehrsbetriebe (BVG) Anstalt Des Offentlichen RechtsLehman Brothers Special Financing Inc v Carlton Communications LtdDeutsche Morgan Grenfell Group plc v IRCPrudential plc v Revenue and Customs CommissionersKato Kagaku Co Ltd v Revenue and Customs CommissionersHMRC v Enron EuropeUBS AG v HSH Nordbank AGRainy Sky SA v Kookmin BankLooks at the legal and regulatory developments arising from the credit crunchAnalyses the Corporation Tax Act 29 code on the taxation of derivatives contractsAnalyses the recent case law on the interpretation of contracts as it applies to derivatives transactionsComprehensive analysis of the termination of agreements and of the extensive case law relating to restitution of money paid under failed derivatives contractsAnalysis of the effects of insolvency on set-off and the termination of derivativesFull analysis of the standard market documentation of derivatives, with advice for in-house counsel and other practitionersTransform the way you work, with eBooks on ProView™Thomson Reuters ProView™ is the iPad app custom built for legal professionals like you.Using ProView means you can connect to and interact with the content you rely on in new ways, wherever and whenever you like. Search the entire text by keywordJump to related content via hyperlinksAdd your own notes, bookmark key pages and highlight important passages Email, print and share the text You don’t need to be online to access your eBooksYour entire library and personalised features are backed upLearn more about Thomson Reuters ProViewView titles available on Thomson Reuters ProView You may only order one eBook per title online; to order multiples of eBooks, contact our customer services team or your Sweet & Maxwell Account Manager.