Tag Archives: Issue 1
The Pari Passu Interpretation in the Elliott Case: A Brilliant Strategy But an Awful (Mid-Long Term) Outcome?
Sovereigns can amass unsustainable debts, fueling the increasing need to restructure to prevent or resolve financial and economic crises and to achieve debt sustainability levels. From the 1990s, many sovereign debt restructuring episodes experienced difficulties because some bondholders did not … Continue reading
In 1893, Robert Wiedersheim published a book on human anatomy that claimed to identify eighty-six human organs that had been rendered functionless by the process of evolution. A century of subsequent research has confirmed Wiedersheim’s findings for some organs and … Continue reading
In June of 2011, Groupon, Inc. (“Groupon”) made the first step toward its highly anticipated initial public stock offering (“IPO”) by filing with the U.S. Securities and Exchange Commission (“SEC” or the “Commission”). It was projected that the deal could … Continue reading