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Seven Deadly Sins Of ISDA Negotiations
Derivatives Week (2002)
  • Christian A. Johnson
Abstract
ISDA master agreement negotiations are often never-ending, expensive and tedious. Negotiations can take months as parties battle over legal, business and credit terms. Although much has been done to standardize the documentation process, there are still numerous issues that parties must negotiate prior to executing the ISDA master agreement. In addition, parties often insist on making additional amendments to the ISDA master agreement that they believe are necessary to minimize legal and credit risks. Although negotiations can still deadlock over important terms, much can still be done to speed up negotiations. In particular, there are seven deadly sins that can slow the process. Avoiding many of these pitfalls can result in faster and more efficient negotiations.
Publication Date
March 25, 2002
Citation Information
Christian A. Johnson. "Seven Deadly Sins Of ISDA Negotiations" Derivatives Week (2002)
Available at: http://works.bepress.com/christian_johnson/47/