Jurisdiction(s):
United Kingdom

Form Notice under Section 6(b): Tax Event or Tax Event Upon Merger (1992/2002 ISDA Master Agreement) – Affected Transactions, Transfers and Parties’ Obligations (Sections 5(b)(ii)/(iii))

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Notice of a Tax Event/Tax Event Upon Merger

[ Insert introductory wording ] We hereby give you formal notice of the following matters: [ Provide a reasonably detailed account of the facts leading to the Tax Event/Tax Event Upon Merger and clearly identify the Affected Transactions. Your narrative should be sufficiently specific and in alignment with the wording of section 5(b)(ii) or (iii), enabling the counterparty to reasonably comprehend the basis for, and rationale behind, your determination as applicable.]...

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Paul Cluley

As a partner in Allen & Overy's derivatives practices in Tokyo, Hong Kong and London for 20 years, Paul has worked on all aspects of derivatives and structured finance. He is particularly known for his work in contentious derivatives and terminations and is the author of the leading textbook in this area, "Close-outs: The law and market practice of OTC derivative terminations" (2024). He is also highly experienced in large corporate equity financings and derivatives, M&A of derivatives businesses, regulatory margin, repos, securities lending and repackagings....

Web page updated on 22/05/2026

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