Business Law Contracts

Pari Passu Clauses And Their Importance In Complex Transactions

While American law is less than 250 years old, some of the expressions used in the U.S. legal system come from a time much older. Latin phrases, such as per stirpes, malum in se, malum prohibitum, and de facto are all still used in American law today. Another such phrase, pari passu, is used as […]