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The Legal Implications of the European Monetary Union under U.S. and New York Law

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  • Lenihan, N.
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    Abstract

    The introduction of the single European currency present few unceratinties for the continuity of contracts governed by New York law and the laws of other U.S. jurisdictions. In accordance with the State theory of money , all such contractual obligations must be discharged in accordance with the applicable provisions of the EU Council regulations on the introduciton of the euro.

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    Bibliographic Info

    Paper provided by Commission of the EEC - Euro Papers in its series Papers with number 15.

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    Length: 28 pages
    Date of creation: 1998
    Date of revision:
    Handle: RePEc:fth:eecero:15

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    Postal: The Directorate-General for Economic and Financial Affairs, Commission of the European Communities, 200 rue de la Loi, 1049 Brussels, Belgium. Maintainer-Name: Thomas Krichel
    Fax: +32 2 298.08.23
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    Web page: http://ec.europa.eu/economy_finance/
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    Keywords: MONETARY POLICY ; ECONOMIC INTEGRATION ; LAW;

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