Concepedia

No-action Clauses

No-Action Clauses is a contractual provision in sovereign bond agreements that restrict individual creditors from taking unilateral legal or enforcement actions against the issuer during debt restructuring negotiations, thereby preserving collective decision-making and preventing holdout behavior that could undermine the restructuring process.

10

Publications

359

Citations

14

Authors

13

Institutions

Publications per year

2017–2026

2

Variants

No-action Clause

Parents

Publications

10

Bond restructuring and moral hazard: are collective action clauses costly?

Torbjörn Becker, Anthony Richards, Yunyong Thaicharoen · Journal of International Economics · 2003 · 121 citations

, , +11

Can constructed action be considered obligatory?

David Quinto‐Pozos · Lingua · 2006 · 72 citations

, , +2

A People's History of Collective Action Clauses

Mark C. Weidemaier, Mitu Gulati · SSRN Electronic Journal · 2012 · 46 citations · Full text

, , +15

Bond Restructuring and Moral Hazard: Are Collective Action Clauses Costly?

Torbjörn Becker, Anthony J. Richards · SSRN Electronic Journal · 2001 · 34 citations · Full text

, , +11

The Price of Law: The Case of the Eurozone Collective Action Clauses

Elena Carletti, Paolo Colla, Mitu Gulati et al. · Review of Financial Studies · 2020 · 18 citations · Full text

, , +16

1–5 of 10

Authors

14

  1. TB
    Torbjörn Becker

    International Monetary Fund, United States

    4 publications · 178 citations

    4

    h-index

  2. AJ
    Anthony J. Richards

    Reserve Bank of Australia, Australia

    3 publications · 57 citations

    3

    h-index

  3. MC
    Mark C. Weidemaier

    Duke University, United States

    2 publications · 61 citations

    2

    h-index

  4. PC
    Paolo Colla

    Bocconi University, Italy

    2 publications · 35 citations

    2

    h-index

  5. SO
    Steven Ongena

    Swiss Finance Institute, Switzerland

    2 publications · 35 citations

    2

    h-index

1–5 of 14

Institutions

13

  1. Reserve Bank of Australia

    Sydney, Australia

    4 h-index

    4 publications

    178 citations

  2. International Monetary Fund

    Washington D.C., United States

    3 h-index

    3 publications

    168 citations

  3. University of Virginia

    Charlottesville, United States

    2 h-index

    2 publications

    63 citations

  4. Bocconi University

    Milan, Italy

    2 h-index

    4 publications

    70 citations

  5. Swiss Finance Institute

    Zurich, Switzerland

    2 h-index

    2 publications

    35 citations

  6. Centre for Economic Policy Research

    London, United Kingdom

    1 h-index

    1 publications

    17 citations

  7. Duke University

    Durham, United States

    1 h-index

    1 publications

    18 citations

  8. European University Institute

    Florence, Italy

    1 h-index

    1 publications

    17 citations

1–8 of 13

Venues

  1. SSRN Electronic Journal

    Repository · 4 publications · 107 citations

    4

    h-index

  2. Environmental Impact Assessment Review

    1 publications · 13 citations

    1

    h-index

  3. IMF Working Paper

    1 publications · 13 citations

    1

    h-index

  4. Review of Financial Studies

    1 publications · 18 citations

    1

    h-index

  5. Faculty publications

    1 publications · 15 citations

    1

    h-index

1–5