In the Headlines
April 2, 2008
Counterparty Risk in Credit Default Swaps: What Happens When a Broker-Dealer Goes Bust?
John Monaghan, National Practice Group Leader of the firm's Corporate Restructuring, Insolvency and Creditors' Rights Practice Group, is quoted in the Hedge Fund Law Report. Monaghan discusses the turmoil in credit markets as it relates to Chapter 7 of the bankruptcy code.