{"id":24361,"date":"2011-08-30T07:39:50","date_gmt":"2011-08-30T11:39:50","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=24361"},"modified":"2011-08-30T07:39:50","modified_gmt":"2011-08-30T11:39:50","slug":"aurelius-seeks-isda-credit-swaps-ruling-on-energy-future-unit%e2%80%99s-solvency","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2011\/aurelius-seeks-isda-credit-swaps-ruling-on-energy-future-unit%e2%80%99s-solvency.html","title":{"rendered":"Aurelius Seeks ISDA Credit Swaps Ruling on Energy Future Unit\u2019s Solvency"},"content":{"rendered":"<p>Bloomberg &#8211; Aurelius Capital Management LP asked a derivatives industry group to determine whether a unit of Energy Future Holdings Corp. is insolvent, which would trigger payouts on $1.2 billion of credit-default swaps linked to the utility provider\u2019s debt.<\/p>\n<p>The hedge fund made a\u00a0request to the\u00a0International Swaps and Derivatives Association to rule on Texas Competitive Electric Holdings Co., according to a letter on the New York- based group\u2019s\u00a0website. Aurelius unsuccessfully claimed in February that the unit of the power company was in default.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-08-29\/aurelius-seeks-isda-swap-ruling-on-energy-future-holdings-unit-s-solvency.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Aurelius Capital Management LP asked a derivatives industry group to determine whether a unit of Energy Future Holdings Corp. is insolvent, which would trigger payouts on $1.2 billion of credit-default swaps linked to the utility provider\u2019s debt. The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-24361","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=24361"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24361\/revisions"}],"predecessor-version":[{"id":24362,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24361\/revisions\/24362"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=24361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=24361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=24361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}