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- Title
THE RECENT FINANCIAL CRISIS AND ITS IMPACT ON INTEREST RATE SWAPS: A ROAD TO RECOVERY THROUGH THE FRUSTRATION OF COMMERCIAL PURPOSE DOCTRINE.
- Authors
Ahonen, Zachary
- Abstract
The article focuses on the impact of the global financial crisis of 2007 and 2008 on the interest rate swaps and the derivatives market of the U.S. Topics discussed include causes of action negatively affected by the swaps, doctrine of frustration of commercial purpose and financial recovery for the losers in interest rate swaps during the financial crisis.
- Subjects
GLOBAL Financial Crisis, 2008-2009; INTEREST rate swaps; FINANCIAL markets; IMPOSSIBILITY of performance; BUSINESS losses
- Publication
Indiana International & Comparative Law Review, 2014, Vol 24, Issue 2, p429
- ISSN
1061-4982
- Publication type
Article
- DOI
10.18060/18272