Tag Archives: Olivares-Caminal

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

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