PARI PASSU CLAUSES -- WHAT DO THEY MEAN? Philip Wood analyses the meaning of the standard pari passu clause found in international syndicated credit agreements and bond issues, in particular where the borrower or issuer is a sovereign state, and looks at recent litigation concerning these clauses in the courts of California, England and Belgium.
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2003
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| Authors: | Wood, Philip |
| Published in: |
Butterworths journal of international banking and financial law. - London : Butterworth, ISSN 0269-2694, ZDB-ID 7227152. - Vol. 18.2003, 10, p. 371-374
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