Banking: Still standing

Mary Gibbons | The Commercial Litigation Journal | September/October 2014 #57
In her second article Mary Gibbons continues her report on the consequences of NML Capital v Argentina ‘If Argentina chose to make 100% of interest payments due on a particular coupon date, 100% of amounts outstanding on other indebtedness also had to be paid.’ The case of NML Capital, Ltd v the Republic of Argentina …

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Banking: Last stand at the OK Corral?

Mary Gibbons | The Commercial Litigation Journal | July/August 2014 #56
Mary Gibbons examines troubled times for Argentina and bond holders ‘In the longer term, the jurisdictional decision in Abaclat may prompt other holders of defaulted sovereign debt and their legal advisors to consider investment treaty arbitration as a means of recourse against issuers of international debt.’ The last stand at the OK Corral, which took …

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