Hugendubel.info - Die B2B Online-Buchhandlung 

Merkliste
Die Merkliste ist leer.
Bitte warten - die Druckansicht der Seite wird vorbereitet.
Der Druckdialog öffnet sich, sobald die Seite vollständig geladen wurde.
Sollte die Druckvorschau unvollständig sein, bitte schliessen und "Erneut drucken" wählen.

The International Law of Sovereign Debt Dispute Settlement

BuchGebunden
380 Seiten
Englisch
Cambridge University Presserschienen am22.09.2022
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.mehr
Verfügbare Formate
BuchGebunden
EUR126,80
E-BookEPUBDRM AdobeE-Book
EUR120,99
E-BookPDFDRM AdobeE-Book
EUR120,99

Produkt

KlappentextThe 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.
Details
ISBN/GTIN978-1-009-25002-3
ProduktartBuch
EinbandartGebunden
Erscheinungsjahr2022
Erscheinungsdatum22.09.2022
Seiten380 Seiten
SpracheEnglisch
MasseBreite 157 mm, Höhe 235 mm, Dicke 25 mm
Gewicht702 g
Artikel-Nr.58855795
Rubriken
GenreRecht

Inhalt/Kritik

Inhaltsverzeichnis
Introduction; 1. Setting the scene; 2. The emerging framework for sovereign debt discourse; Part I. Regulation Through Contract and Litigation: 3. Sovereign immunities and other statutory mechanisms regulating holdout litigation; 4. Collective action clauses (CACs): Contractual regulation of holdout litigation; 5. The Pari Passu Clause: Regulating holdouts through injunctive relief; Part II. Regulation Through Treaty and Arbitration: 6. Jurisdiction of arbitral tribunals over sovereign debt disputes; 7. Admissibility of sovereign bond claims: Mass claims arbitration as a supplemental leverage over holdouts; 8. Checks and balances at the stage of merits; Conclusion; Bibliography; Index.mehr

Autor

Kei Nakajima is Associate Professor of International Law at the University of Tokyo. Previously he worked at the International Court of Justice in The Hague as an Associate Legal Officer for several judges. Kei completed his two doctoral studies in Tokyo and Geneva.
Weitere Artikel von
Nakajima, Kei