Good Hill v. Deutsche Bank: Appellate Court Upholds CDS Decision Reaffirming Good Faith Obligation Under ISDA® Master Agreement | Practical Law
The New York Supreme Court, Appellate Division, First Department, upheld the trial court's ruling in Good Hill Master Fund L.P., et al. v. Deutsche Bank AG that a credit default swap (CDS) contract entered into under an ISDA Master Agreement was subject to an implied duty of good faith and fair dealing.