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Pari Passu Sovereign Debt

Morgan Lewis

ICMA Publishes Updated Model Sovereign Bond Clauses

Morgan Lewis on

The model clauses should lead to greater consistency and efficiency in sovereign bond restructurings. On May 11, the International Capital Market Association (ICMA) published a revised version of its model collective...more

Skadden, Arps, Slate, Meagher & Flom LLP

"A Question of Behavior: Foreign Sovereign Debt Restructuring Before US Courts"

The impact of Argentina's prolonged dispute with the holdouts of its defaulted debt continues to reverberate in the context of foreign sovereign debt restructuring. What has been called the "trial of the century" because of...more

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