This website uses cookies. By using this website, you agree to our Cookie Policy.
Eighth Circuit Follows Second Circuit and Affirms Broad Safe Harbor Protections for Bank Customers
June 2, 2022In Kelley v. Safe Harbor Managed Account 101, Ltd.,[1] the Eighth Circuit Court of Appeals endorsed a broad view of parties protected from avoidance claims related to certain derivative and financial contracts (“QFCs”), including a securities contract (e.g., purchase and sale of securities).
