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How would the sovereign debt community react to NML Capital Ltd. decision?To date, nearly all literature on sovereign debt issues has focused on deterring holdout behavior in foreign bonds restructuring, from a majority voting system to a stay on enforcement. However, the NML Capital Ltd....
Persistent link: https://www.econbiz.de/10013085074
Lack of support for the Sovereign Debt Restructuring Mechanism (SDRM) discussion at the IMF a decade ago has encouraged several debt NGOs to actively advance proposals for sovereign debt arbitration - a bankruptcy-type arbitral tribunal to handle sovereign debt disputes in a collective manner....
Persistent link: https://www.econbiz.de/10013088614