Banking: Strong bonds

As lawyers and bondholders wait to see if there has been a settlement between Argentina and holders of its defaulted bonds, Mary Gibbons examines the most recent proceedings ‘Like the Foreign Sovereign Immunities Act 1976, the UK’s State Immunity Act 1978 provides defined immunity from execution of a foreign central bank’s accounts, but the formula …
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Cases Referenced

  • NML Capital Ltd & anor v Banco Central de la República Argentina 652 F.3d 172
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