State-Aid Free Investment: Pari Passu or Benchmarked against Market Return
Introduction The Finnish state owned 100% of four different companies which operated risk capital and […]
Archiv
Pari Passu Investments
Update on Temporary Framework: Number of approved and published covid-19 measures, as of 28 August […]
Pari Passu Is not Static
When comparing the behaviour of public and private creditors, it is necessary to ensure that […]
Ex ante Assessment of Future Profitability is Absolutely Necessary
A private investor assesses the prospects of future profitability before it invests. The burden of […]