Invalidity of a Bond Condition | EWiR, Issue 6, 2020

ARTICLE

Invalidity of a Bond Condition with Unrestricted Permission for Creditors to Pass Resolutions on the Rights and Obligations of Investors

May 2020

Read time: 2 min

Overview

The requirement of transparency is not satisfied if, when a registered bond is issued, a clause allows creditors to pass resolutions on the rights and obligations of investors without any restrictions.

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