The Jolly Contrarian
The Jolly Contrarian on ISDA
The qualities of a good ISDA
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The qualities of a good ISDA

So, what makes for a good ISDA? What makes any commercial contract good? Bear in mind that a contract fulfils different purposes for different constituents.

Crystalline legal exactitude is but one quality and, in most cases an oddly insignificant one in that, once a contract is signed, the overwhelming likelihood is that no-one will ever look at it again. Not even Ops, once they have punched the collateral eligibility criteria into their systems.

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