Unfinished Business: Swap Participants Gain Ground

On Feb. 11, 2009, the United States Court of Appeals for the Fourth Circuit recognized the broad protections afforded to swap agreements under the Bankruptcy Code. Here is a review of the case.

31 minute read April 24, 2009 at 11:48 AM

James S. Carr And Benjamin Blaustein

Unfinished Business: Swap Participants Gain Ground

On Feb. 11, 2009, the United States Court of Appeals for the Fourth Circuit recognized the broad protections afforded to swap agreements under the Bankruptcy Code. See Hutson v. E.I. du Pont de Nemours and Co. (In re Nat'l Gas Distribs., LLC), 556 F.3d 247 (4th Cir. 2009).

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