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EMTA Special Seminar: Argentian and Its Pari Passu Clause

Date
April 18, 2012
Time
11:30 AM - 01:30 AM
Location
New York

EMTA SPECIAL SEMINAR
ARGENTINA AND ITS PARI PASSU CLAUSE
Wednesday, April 18, 2012

EMTA
360 Madison Avenue, 17th Floor
(on 45th St. between Madison and 5th Aves.)
New York 

11:15 a.m. Registration
11:30 a.m. -- 1:30 p.m.
Lunch will be served

Argentina has been the subject of a number of court decisions, most recently the December 2011 and February 2012 Orders, in which Judge Griesa has seemingly adopted the broader interpretation of the pari passu clause, which could potentially affect the way that other non-litigating creditors of Argentina are paid and the way that the payment intermediaries conduct their business.  Without re-litigating these decisions, EMTA’s panel will explore some of the issues raised by the plaintiffs, the defendant and various amici in these cases (including differing interpretations of the pari passu clause, as well as appropriate remedies for breaches of sovereign obligations).

James Kerr (Davis Polk) and Whitney Debevoise (Arnold & Porter) will lead the discussion. 

Recent litigation involving Argentina can be found in the Argentina area of EMTA’s website: http://www.emta.org/markets/markets-a-g/argentina/.

Attendance is US$50 for EMTA Members / US$495 for non-members

Views expressed by panelists and presenters are their own and do not necessarily reflect those of EMTA or of any of its member firms. 

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