A debt restructuring mechanism for sovereigns : do we need a legal procedure?

Echoes of History : The International Financial Commission in Greece / Michael Waibel -- The European Debt Crisis : How Did We Get into this Mess? How Can We Get out of it? / Michael C. Burda -- Why the Debt Crisis Led to a Systemic Crisis and How to Escape from it / Ernst-Moritz Lipp -- Legal Analysis of the Eurozone Crisis / Christian Hofmann -- Reflections on Subnational Debt and the Sovereign Crisis in Spain / Ignacio Tirado -- Sovereign Debt Restructuring and the Internal Legal Framework: The Greek Experience / Aristides P. Chiotellis -- Engineering an Orderly Greek Debt Restructuring / Mitu Gulati/Jeromin Zettelmeyer -- How to Neutralize the Bondholder' s Treaty Rights of Arbitration in Debt Restructuring / Yves Nouvel -- Disenfranchisement in Sovereign Bonds / Keegan S. Drake -- Legal Change and Sovereign Debt Crisis : The Clash between Capitalism and Democracy in the Western Legal Tradition / Alessandro Somma -- The German Perspective : The Structure of the European Stability Mechanism / Ludger Schuknecht -- Should Politics be Replaced by a Legal Proceeding? / Christoph G. Paulus -- A Debt Restructuring Mechanism for European Sovereigns : An Emerging Idea / Mathias Audit -- Do We Need a Mechanism for Solving Sovereign Debt Crises? : A Rule-Based Discussion / Ugo Panizza -- The Importance of Being Prepared : A Call for a European Sovereign Debt Restructuring Mechanism / Bettina Nunner-Krautgasser -- Sovereign Debt and Exclusions from Insolvency Proceedings / Jay L. Westbrook -- A Skeptic's Case for Sovereign Bankruptcy / Anna Gelpern