• 主题
高级搜索  >
历史搜索 清空历史
首页> 外国专利> Method and System for Supplementing Directors' and Officers' Insurance

Method and System for Supplementing Directors' and Officers' Insurance

机译：董事，高级职员保险补充方法和系统

页面导航
  • 摘要
  • 著录项
  • 相似文献

摘要

A first trust sells a credit derivative to a second trust, and in this way provides for funding of the second trust and thus provides bankruptcy protection to the second trust. The first trust sells notes linked to the credit of a sponsor. With the proceeds the first trust purchases bonds with very little risk, such as US treasury bonds. At the end of a specified period, such as five years, and in the absence of a bankruptcy of the sponsor, the first trust liquidates the bonds and redeems the notes. In the event of a bankruptcy of the sponsor, the bonds are liquidated and a predetermined portion, such as two-thirds, of the proceeds arc used to redeem the notes, while the remainder of the proceeds are transferred to a second trust pursuant to the credit derivative. The second trust funds indemnification and defense-like protection for the directors and officers of the sponsor. In the event that proceeds remain after claims are processed, the remainder is donated to a charity.
机译：第一信托将信用衍生产品出售给第二信托，并以此方式为第二信托提供资金，从而为第二信托提供破产保护。第一信托出售与保荐人信用相关的票据。第一信托通过收益，购买风险很小的债券，例如美国国债。在指定的期限（例如五年）结束时，并且在保荐人没有破产的情况下，第一信托清算债券并赎回票据。如果保荐人破产，债券将被清算，预定的一部分（例如三分之二）将被用于赎回票据，而剩余的收益将根据债券的优先权转移给第二信托。信用衍生产品。第二信托基金为保荐人的董事和管理人员提供弥偿和类似防御的保护。如果在处理索赔后仍有收益，则将剩余款项捐赠给慈善机构。

著录项

相似文献

  • 专利
  • 外文文献
  • 中文文献
获取专利

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号