Table of Contents
Part I - Sovereign Debt Restructuring
1. Minimising Hold Out Creditors: Sticks, Lee Buchheit & Elena Daly
2. Minimising Hold Out Creditors: Carrots, Lee Buchheit & Elena Daly
3. Manging Hold-outs: The case of the 2012 Greek Exchange, Mitu Gulati, Jeromin Zettelmeyer & Christoph Trebesch
4. Revisiting the pari passu clause, Georges Affaki
5. The Role of the IMF, Rosa Lastra
6. Debt Relief for Low Income Countries, Thomas Duvall
7. The Longer Term Consequences of Sovereign Debt Restructuring, Odette Lienau
Part II - Enforcement of Sovereign Debt
8. Defences, Carmine D. Boccuzzi Jr.
9. Special Immunities: Central Bank Immunity, Thomas Baxter & David Gross
10. Special Immunities: Bank for International Settlements, Diego Devos
11. Creditor Remedies, Mark Weidemaier & Ryan McCarl
12. Sovereign Arbitration, Karen Cross
Part III - Complicating Factors
13. Restructuring in a Monetary Union: Legal Aspects, Antonio Sainz de Vicuna
14. Restructuring in a Monetary Union: Economic Aspects, Daniel Gros
15. Sovereign Debt and Baking Crises: An 'Arial View', Anna Gelpern
16. International Leader of Last Resort, Adam Lerrick
17. Odious Debt, William Blair
18. Sovereign Contingent Liabilites, Lee Buchheit & Mitu Gulati
Part IV - Economics of Sovereign Borrowing
19. Why Governments Default, Willem Buiter & Ebrahim Rahbari
20. Sovereign Debt Markets, Gene Frieda
21. Borrowing and Debt: How sovereigns get into trouble, Arturo Porzecanski
Part V - Proposals to Reform Sovereign Debt Systems
22. Statutory Sovereign Debt Resolution Mechanisms (SDRM), Rodrigo Olivares Caminal
23. Debt Restructuring and Economic Recovery, Sean Hagan
24. Corporate Bankruptcy Law and State Insolvencies, Philip Wood
25. European Collective Action Clauses, David Billington
26. Euro Zone Financial Rescue and Stabilization Measures and their Legal Foundations, Andrew Yianni
27. UNCTAD Principles on Responsible Sovereign Financing, Juan Pablo Bohoslavsky & Yuefen Li
28. Sovereign Debt in the Light of Eternity, Lee Buchheit