Cloney T J
Gardner, Carton & Douglas, Chicago, IL, USA.
J Health Care Finance. 1994 Winter;21(2):22-34.
This article discusses legal characteristics of derivatives that a not-for-profit health care company may use in a conduit financing in which a governmental issuer issues bonds for the benefit of a health care company. This article also presents the Master Agreement promulgated by the International Swaps and Derivatives Association; discusses how to get out of a derivative; discusses the status of a derivative after insolvency of a counterparty; presents disclosure issues relating to documents prepared in connection with an issue of bonds; and describes the treatment of derivatives under commodities regulations. It concludes with a presentation of possible new regulations applying to derivatives.
本文讨论了非营利性医疗保健公司在管道融资中可能使用的衍生品的法律特征，在这种融资方式中，政府发行机构为医疗保健公司的利益发行债券。本文还介绍了国际掉期与衍生工具协会颁布的主协议；讨论了如何退出衍生品交易；讨论了交易对手方破产后衍生品的状况；介绍了与债券发行相关文件的披露问题；并描述了商品法规对衍生品的处理方式。最后介绍了可能适用于衍生品的新法规。
