Pari Passu in UK Law
- Sigma Finance & Pari Passu Wins The Day
- The Adler Restructuring Plan Judgment: Is Pari Passu Passé?
- The Adler Restructuring Plan: Competing Valuation Evidence; The Pari Passu Principle; And Retention Of Equity
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BIS consults on TLAC holdings
The Basel Committee has issued a consultation on the prudential treatment of banks’ investments in holdings of TLAC qualifying instruments. The proposal is for banks to deduct from their regulatory...... ... It also addresses the treatment of holdings of instruments that rank pari passu to TLAC in the creditor hierarchy. The objective of the proposed ... ...
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The Anti-Deprivation Principle
... ... Pari Passu ... The anti-deprivation principle protects the pari passu ... ...
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Judgment handed down in latest Lehman directions application
Judgment has now been handed down by Marcus Smith J in another important case regarding the Lehman estate. This gives much needed clarity on how subordinated debts rank as between themselves.... ... , then, as between those instruments as a matter of law, they ranked pari passu (i.e. rateably) ... A related problem was that, on the terms of the ... ...
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Legality Of Payments Offered To Loan Note Holders For Consent To Amendments
... ... that the trustee was to pay all amounts owing under the notes on a pari passu basis ... The claimants had invested $1.2 million in the notes ... ...
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'Pay As You Go' In Complex Insolvencies
... ... be paid as and when their debts became due, rather than on a pari ... passu basis. This resulted in one creditor being repaid in full, at ... ...
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Payments For Creditors To Vote For Proposals Held Not To Be Bribes
... ... Keywords: creditors debts, restructuring proposals, illegal bribe, pari passu principle, ... A facilitation payment to encourage creditors to ... ...
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Purposive Approach Taken To Decide How Undistributed Assets Under A Scheme Of Arrangement Should Be Treated
... ... Pari passu treatment of creditors is a paramount concern in English insolvency ... ...
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