Tag: close out
Showing 6 out of 6 results
10 February 2026
High Court refuses administrators' application to close out FX contracts before maturity
18 December 2020
High Court considers entitlement of investment firm to terminate Bitcoin trading account due to alleged money laundering concerns
The High Court has found in favour of a claimant investor in a dispute arising from the termination of her Bitcoin trading account with an online trading …
26 April 2018
Court of Appeal confirms wide discretion afforded to a non-Defaulting Party when determining "fair market value" of securities under the GMRA (2000 version)
The recent Court of Appeal decision in LBI EHF v Raiffeisen Bank International AG [2018] EWCA Civ 719 affirms the wide discretion of the …
22 March 2018
High Court clarifies calculation of Close-out amount under 2002 ISDA Master Agreement
Lehman Brothers Special Financing Inc. v National Power Corporation & Anor [2018] EWHC 487 (Comm) is a significant case on the calculation of …
18 February 2013
Clearing brokers' duties when exercising close out powers
In the current economic climate, brokers will find the decision of the High Court (UK) in Euroption of considerable interest, since it …
03 April 2012
Court of Appeal provides clarity on payment obligations owed to insolvent counterparties
In a keenly anticipated judgment, the Court of Appeal today handed down its verdict in four appeals ([2012] EWCA Civ 419. In the appeal of (1) Lomas …