Financial Derivatives
Financial Derivatives
WHAT WE ARE TALKING ABOUT
A type of complex contract entered into with financial intermediaries that is signed when concluding medium/long-term loan agreements in order to hedge against fluctuations in the variable component of interest rates. In many cases, these turn out to be speculative instruments resulting in severe financial losses for the financed party.
INTERESTED PARTIES
Public bodies, companies and individuals who have signed financial derivatives contracts. In the case of public bodies, a contract award procedure must be initiated. Joint actions can also be brought against the same financial intermediary.
ZERO RISK FOR THE ASSIGNOR
All costs of the proceedings, including in the event of losing the case, shall be borne entirely by LexCapital.