debt restructuring mechanism (SDRM). Questions regarding overarching injunctions, ambiguous interpretation of boilerplate …

findings under two assumptions, both of which are satisfied in the data: increasing short-run restructuring risk in the run …-up to a restructuring, and high exit yields. We relate our findings to the policy debate on restructuring procedures. …

financial architecture, emphasizing the necessity of a legally binding framework for sovereign debt restructuring that draws … upon principles of corporate restructuring law, with the UK Companies Act 2006 (CA 2006) providing relevant analogies. This … approach aims to ensure timely, equitable, and efficient restructuring processes, thereby confronting the challenges posed by …