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http://worldcat.org/entity/work/id/1184933965

The three and a half minute transaction : boilerplate and the limits of contract design

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type

about

alternateName

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  • "3.5 minute transaction"
  • "3 1/2 minute transaction"
  • "3 and a 1/2 minute transaction"

author

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creator

description

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  • "Boilerplate language in contracts tends to stick around long after its origins and purpose have been forgotten. Usually there are no serious repercussions, but sometimes it can cause unexpected problems. Such was the case with the obscure pari passu clause in cross-border sovereign debt contracts, until a novel judicial interpretation rattled international finance by forcing a defaulting sovereign-for one of the first times in the market's centuries-long history-to repay its foreign creditors. Though neither party wanted this outcome, the vast majority of contracts subsequently issue"

genre

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  • "Electronic books"

name

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  • "The three and a half minute transaction : boilerplate and the limits of contract design"@en
  • "The three and a half minute transaction : boilerplate and the limits of contract design"
  • "The three and a half minute transaction boilerplate and the limits of contract design"

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