Among the firm's practice highlights were establishing jurisdiction in an arbitration being pursued against Argentina by 60,000
Italian bondholders, and advising Saudi Aramco on the launch of a joint venture with Dow Chemical to build a $ 20 billion petrochemical plant in Saudi Arabia.
The agreement comes weeks after Argentina agreed to pay more than $ 3 billion to other holdouts, including 50,000
Italian bondholders.
Not exact matches
Such a solution would stand in contrast to a
bondholder «bail - in,» but would perhaps protect
Italian households which are heavily exposed to the asset class.
This option has already been applied in four smaller
Italian banks but it still had losses for retail
bondholders and took a long time to complete.