"Small Bang" Protocol Planned for Restructuring of Debt | Practical Law

"Small Bang" Protocol Planned for Restructuring of Debt | Practical Law

An update on the "Small Bang" protocol planned by credit default swap traders to standardize the settlement of contracts triggered by debt restructurings.

"Small Bang" Protocol Planned for Restructuring of Debt

Practical Law Legal Update 5-385-6771 (Approx. 2 pages)

"Small Bang" Protocol Planned for Restructuring of Debt

by PLC Finance
Published on 27 Apr 2009USA (National/Federal)
An update on the "Small Bang" protocol planned by credit default swap traders to standardize the settlement of contracts triggered by debt restructurings.