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In the restructuring, all creditors were treated as pari passu claimants, each having equal priority to the company's assets.
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In the restructuring, all creditors were treated as pari passu claimants, each having equal priority to the company's assets.
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Related words
pari passu
IPA(Pronunciation)
Adjective
not-comparable
Japanese Meaning
(経済)同等の割合で処理される・支払われる / (経済)平等に取り扱われる
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