1. NOTEHOLDERS.
- Subjects
BANK note laws ,PAYMENT -- Lawsuits & claims ,DEEDS of trust ,LEGAL judgments ,COURTS ,ACTIONS & defenses (Law) - Abstract
The article discusses the Great Britain Court of Appeal's ruling in the 2013 case Sergio Barreiros Azevedo and another v. Imcopa Importacao, Exportacao E Industria De Oleos Ltda. and others which deals with the legality of consent payments to noteholders under English law. Financial restructuring and courts in England are addressed, along with the Bank of New York (now Bank of New York Mellon), trust deeds, and the pari passu legal principle.
- Published
- 2013