(Reuters) -The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, but gaps remain for loans and collateralized debt and ...
Greece’s new prime minister is seeking crucial parliamentary support for an EU bailout package that will require restructuring its sovereign debt. Economist William Cline says Uruguay’s 2003 default ...
If you are interested in the frontier thinking of European debt restructuring, you need to read the latest from Buchheit, Gulati, and Tirado. In it, they propose an amendment to the European Stability ...
Houlihan Lokey led the way in addressing one of the world’s biggest debt restructuring issues: the workout of China’s real estate companies, the vast majority of which have been unable to raise fresh ...
With increasing debt vulnerabilities, domestic debt may become an important—though still distinct––part of debt restructurings. This paper aims to contribute to the discourse by examining the factors ...
Sovereign debt restructurings can have large impacts on trade, with a significant compression of imports and a more ambiguous effect on exports. We show that the magnitude of that impact depends on ...
LONDON, Jan 6 (Reuters) - After nearly a decade of default limbo, the U.S. removal of Venezuela's Nicolas Maduro has turned debt restructuring from a distant hope into a real possibility for ...
Credit card debt has a way of sneaking up on people, especially in today's high-rate, inflationary environment. With credit card APRs averaging over 22% currently, a balance that once felt manageable ...
IN ONE OF his final acts of global engagement, Pope Francis convened a Jubilee Commission of experts—including ourselves and other leading experts in debt and development—at the Vatican to address a ...
Bond restructurings see progress with collective action clauses Coordination issues prolong negotiations with non-bonded creditors IMF highlights gaps in loan and collateralized debt restructuring Oct ...