In re Brazos Electric Power Cooperative

Published on:
October 11, 2022

Court:

U.S. Bankruptcy Court

(S.D. Texas)

Amicus Issue:

Whether, under the terms of the 1992 Master ISDA, the counterparties are required to provide Reference Marketmakers with a copy of the Credit Support Annex (“CSA”) between them and the Debtor to complete the Market Quotation process.   Whether, under the terms of the 1992 Master ISDA, the swap counterparties are required to take the Debtor’s creditworthiness into consideration when assessing the amount of “Loss.”

Counsel of Record:

Wilmer Hale LLP

Philip D. Anker

Jeannette K. Boot

Other Amici:

Int’l Swaps and Derivatives Assoc.

Details

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