Pari Passu U on July 23 at 3 (unless they change it again)

The NML [Elliott] v. Argentina pari passu argument was rescheduled yet again, to July 23.

While we wait, FT Alphaville gets my semi-annual pari passu usage prize for slipping "the boy who cried pari passu" in its nice piece on Spanish bank bailout confusion. More on the Euro-bank angle on pari passu when Eupdate comes back. With luck, by then we will know what pari passu means. Or not.