Return of the CAC: collective action clauses in sovereign bond restructurings
Research output: Contribution to journal › Article › peer-review
The current sovereign debt crisis in Europe has brought Collective Action Clauses (CACs) in sovereign bonds back into the spotlight. This article considers how they have evolved since their appearance in English law documentation around ten years ago.
| Original language | English |
|---|---|
| Pages (from-to) | 118 |
| Journal | Butterworths Journal of International Banking and Financial Law |
| Volume | 27 |
| Issue number | 2 |
| Publication status | Published - 1 Feb 2012 |