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Pari passu clause
Inter alia
Mutatis mutandis
Pro rata
Negative pledge
Pari materia
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Tranche
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pari
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pari passu
[
pah
-
r
ee
pahs
-soo
;
Eng.
pair
-ahy
pas
-oo
,
pair
-ee
]
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Related Articles
Pari Passu Doesn't Create Contractual Rights for Vultures.
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pari passu
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pari passu (Latin: with equal step) Ranking equally. When a new issue of shares is said to rank pari passu with existing shares,...
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In an insolvency proceeding involving unsecured American judgment creditors who were not party to company voluntary arrangement (CVA) made by English creditors, English Court of Appeal (Civil Division) dismisses appeal by American creditors from pari passu arrangement with CVA creditors because it would be more beneficial to Americans than winding up corporation.
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