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Download The Three and a Half Minute Transaction Books PDF Free

The Three and a Half Minute Transaction PDF
By:Mitu Gulati,Robert E. Scott
Published on 2012-11-29 by University of Chicago Press


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 issued demonstrate virtually no attempt to clarify the imprecise language of the clause. Using this case as a launching pad to explore the broader issue of the “stickiness” of contract boilerplate, Mitu Gulati and Robert E. Scott have sifted through more than one thousand sovereign debt contracts and interviewed hundreds of practitioners to show that the problem actually lies in the nature of the modern corporate law firm. The financial pressure on large firms to maintain a high volume of transactions contributes to an array of problems that deter innovation. With the near certainty of massive sovereign debt restructuring in Europe, The Three and a Half Minute Transaction speaks to critical issues facing the industry and has broader implications for contract design that will ensure it remains relevant to our understanding of legal practice long after the debt crisis has subsided.

This Book was ranked at 17 by Google Books for keyword Contracts.

Book ID of The Three and a Half Minute Transaction's Books is ZIYPOnr8T14C, Book which was written byMitu Gulati,Robert E. Scotthave ETAG "71CChyAUSOo"

Book which was published by University of Chicago Press since 2012-11-29 have ISBNs, ISBN 13 Code is 9780226924397 and ISBN 10 Code is 0226924394

Reading Mode in Text Status is true and Reading Mode in Image Status is true

Book which have "240 Pages" is Printed at BOOK under CategoryLaw

Book was written in en

eBook Version Availability Status at PDF is true and in ePub is true

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Download The Three and a Half Minute Transaction PDF Free

Download The Three and a Half Minute Transaction Books Free

Download The Three and a Half Minute Transaction Free

Download The Three and a Half Minute Transaction PDF

Download The Three and a Half Minute Transaction Books

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