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May 19, 2017

Shulman Author Report on Derivative Contracts


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Partner Michael Shulman (Washington DC-Tax) wrote a two-part report, “Changes to Derivatives ‘Pursuant to Their Terms’” that was published by Tax Notes on May 1 and May 8, 2017.

In this report, Shulman discusses when a derivative contract should be treated as having been exchanged for a new derivative contract for purposes of section 1001 as a result of an automatic change to the assets referenced by the derivative or a change made in response to an external event outside the control of the parties to the contract.

Authors and Contributors

Michael Shulman



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