Default : The Landmark Court Battle over Argentina's $100 Billion Debt Restru...

Description: Default : The Landmark Court Battle over Argentina's $100 Billion Debt Restructuring, Hardcover by Makoff, Gregory; Buchheit, Lee C. (FRW); Mosley, Layna (CON), ISBN 1647123976, ISBN-13 9781647123970, Like New Used, Free shipping in the US "This is the riveting tale of Argentina's sovereign debt drama, a complicated story that unfolds over 15 years and involves a host of characters, institutions, and issues. The country defaulted on its debt in 2001, restructured it in 2005, and was in court for the ensuing decade. The debt restructuring and the lawsuits that followed have had an outsized impact on sovereign debt law, sovereign debt markets, and sovereign debt policy: Argentina's pending default triggered an intense fight in Washington over the role of the IMF in sovereign debt restructurings; Argentina's default and its losses in court triggered the adoption (and enhancement) of a quasi-bankruptcy feature in sovereign bonds called Collective Action Clauses; the Argentina bond cases generated numerous opinions from the courts relating to what creditors can and can't do to try to collect from a country in default; and the messy outcome will serve, for years to come, as a cautionary tale to those might want to go down the same path"--

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Location: Jessup, Maryland

End Time: 2025-01-27T17:12:45.000Z

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