HFSC Markup of Various Capital Formation Bills
SIFMA provided comments to the U.S. House of Representatives Committee on Financial Services on the Markup of Various Capital Formation…
Summary
Court:
U.S. District Court
(S.D.N.Y)
(petition for interlocutory review)
Amicus Issue:
Whether the federal Bankruptcy Code safe harbor for payments made pursuant to swap transactions apply not only to a trustee in a federal bankruptcy proceeding, but also to an assignee in a state insolvency proceedings who seeks to avoid swap payments.
Counsel of Record:
Mayer Brown LLP
Nicole A. Saharsky
Curtis A. Doty
Other Amici:
Int’l Swaps and Derivatives Assoc.
Futures Industry Assoc.
Managed Funds Assoc.
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