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Start Over Descriptor "CORPORATE bonds" Search Limiters Available in Library Collection Search Limiters Full Text Region united states Publisher indiana international & comparative law review

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1. THE RECENT FINANCIAL CRISIS AND ITS IMPACT ON INTEREST RATE SWAPS: A ROAD TO RECOVERY THROUGH THE FRUSTRATION OF COMMERCIAL PURPOSE DOCTRINE.

Author

Ahonen, Zachary

Subjects
*GLOBAL Financial Crisis, 2008-2009, *INTEREST rate swaps, *LIBOR, *CORPORATE bonds, *CAUSES of action, *FINANCIAL services industry
Abstract

The article focuses on the global financial crisis of 2008 on the aspects of financial industry such as on the interest rate swaps in the U.S. Topics discussed include impact on the LIBOR and corporate bond rate, causes of action affected by the swaps, and effectiveness of the doctrine of frustration of commercial purpose as the financial recovery for the losers in interest rate swaps during the financial crisis.

Published
2015

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