DERIVATIVES DOCUMENTS - MASTERING THE MASTER AGREEMENT (2) (BUS 716)

Professor Lauren Teigland-Hunt

This course will provide an in-depth analysis of the industry agreements that govern parties’ trading relationships in the over the counter derivatives world. Beginning with the fundamentals of the ISDA Master Agreement and related documentation, this course will then focus on key negotiation issues and challenges as well as critical legal and regulatory considerations. Students will be expected to participate in mock negotiations and prepare comments and markups in response to documents presented by hypothetical counterparties. Special attention will also be given to the “closeout process” that applies when counterparties default and relevant bankruptcy law provisions as well as key collateral terms.