• ISDA Publishes Final Collateral Dispute Resolution Procedure Designed to Assist Market Participants in Resolving Disputed Collateral Calls
  • November 25, 2009
  • Law Firm: Cadwalader, Wickersham & Taft LLP - New York Office
  • Under normal market conditions, collateral disputes usually get resolved informally between the parties. However, during periods of market volatility - accompanied by unavailability of objective prices, decreased tolerance for pricing discrepancies and by the change in the operating procedures of certain counterparties - the incidence of collateral disputes increases significantly.