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Clifford Chance





Tagged: 'Sovereign debt'

Results 1-6 of 6

ICMA consults further on sovereign bonds

16 July 2014

Publication

The International Capital Market Association has followed up its consultation paper of December 2013 about collective action and pari passu clauses in sovereign bonds with supplementary questions about how collective action clauses should be structured in order...

Sovereign pari passu clauses: NML Capital 2, Argentina 0

24 June 2014

Publication

The US Supreme Court has declined to hear Argentina's appeal against a lower court's judgment on the effect of a pari passu clause in Argentina's bonds.  This leaves in place the decision that if Argentina pays current interest on its restructured...

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