Was that promise of ratable payment wrong? Should Italy not have done that?
FT Alphaville » Italy 2013-08-01
Summary:
File under: Argentina’s battle with its holdouts and the effects thereof on pari passu clauses in sovereign bond contracts elsewhere in the world — with a special crossover to the changing legal status of official lenders in the eurozone crisis.
Spot the difference edition.
Continue reading: Was that promise of ratable payment wrong? Should Italy not have done that?Link:
http://ftalphaville.ft.com/2013/04/18/1464972/was-that-promise-of-ratable-payment-wrong-should-italy-not-have-done-that/From feeds:
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