The Sovereign Rewrite

When a government rescues a failing bank, it can change the terms of a deal already closed. Virág Blazsek discusses the legal uncertainty that follows, and what it means for investors and deal lawyers.
The CICL Currents column on the private international law of cross-border deals, written by Eric Martin, CICL Fellow. Explore the column ↗

When a government rescues a failing bank, it can change the terms of a deal already closed. Virág Blazsek discusses the legal uncertainty that follows, and what it means for investors and deal lawyers.