Understanding OTC Derivative Terminations: Close-outs by Paul J.W. Cluley

The complexities of OTC derivative terminations can be challenging for both lawyers and traders. That’s why Close-outs: The Law and Market Practice of OTC Derivative Terminations by Paul J.W. Cluley is an essential resource for anyone working in banking, finance, or law. This comprehensive guide breaks down the legal principles and market practices behind close-out terminations. With practical examples and insights into the most common areas of dispute, this book helps readers navigate the intricacies of derivative contracts, identify risks, and resolve issues. Whether you're a trader seeking clarity on contract termination or a lawyer managing financial risk, this book offers a wealth of knowledge to enhance your professional practice.