Capital Injections that Conform with the Market Economy Operator Test
Executive Summary: A private market investor carries out an ex ante profitability analysis before it […]
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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 […]
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 […]