The international law of sovereign debt dispute settlement
The first two decades of the twenty-first century witnessed a series of large-scale sovereign defaults and debt restructurings, in which sovereigns struggled to negotiate with recalcitrant bondholders, particularly hedge funds. Also, the outbreak of the COVID-19 pandemic in 2020 heralded a bleak fin...
محفوظ في:
| المؤلف الرئيسي: | |
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| التنسيق: | Livre numérique |
| اللغة: | Anglais |
| منشور في: |
Cambridge ; New York :
Cambridge University Press
2022.
Cambridge : |
| سلاسل: | Cambridge studies in international and comparative law (Cambridge, England : 1996)
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| الوصول للمادة أونلاين: | Accès sur la plateforme Cambridge University Press Accès sur la plateforme ISTEX (Corpus CUP Droit) Accès Université d'Orléans |
| ملاحظة: |
Cambridge University Press - CUP - Corpus Droit (Licence nationale) |
| Autres localisations: | Voir dans le Sudoc |
| Edition sous un autre format: | • The International Law of Sovereign Debt Dispute Settlement, Kei Nakajima, 2022, Cambridge, Cambridge University Press, 1 volume (VIII-339 pages), Cambridge Studies in European Law and Policy, 978-1-00-925002-3 |
| الملخص: | The first two decades of the twenty-first century witnessed a series of large-scale sovereign defaults and debt restructurings, in which sovereigns struggled to negotiate with recalcitrant bondholders, particularly hedge funds. Also, the outbreak of the COVID-19 pandemic in 2020 heralded a bleak financial outlook for many developing and emerging market countries, requiring sovereign debt restructuring in times of great macroeconomic uncertainty. Given the absence of a multilateral mechanism for sovereign debt restructuring equivalent to domestic corporate bankruptcy system, however, defaulted sovereigns often suffer from holdout litigation wrought by bondholders. This book proposes ways in which such legal actions could be regulated without the undue expense of bondholders' remedies by exploring the mechanism of balancing bondholder protection and respect for sovereign debt restructuring at various stages of litigation and arbitration proceedings. |
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| وصف المادة: | Cambridge University Press - CUP - Corpus Droit (Licence nationale) |
| ردمك: | 9781009250054 (PDF) |
| وصول: | Accès en ligne pour les établissements français bénéficiaires des licences nationales Accès soumis à abonnement pour tout autre établissement Conditions particulières de réutilisation pour les bénéficiaires des licences nationales. https://www.licencesnationales.fr/wp-content/uploads/2024/03/2023-14_Collex_Cambridge_CCTP.pdf |