Sovereign defaults before domestic courts /

Sovereign defaults before domestic courts /

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Bibliographic Details
Author / Creator:	Kupelyants, Hayk, author.
Edition:	First edition.
Imprint:	Oxford, United Kingdom : Oxford University Press, 2018. ©2018
Description:	xliii, 331 pages ; 24 cm.
Language:	English
Series:	Oxford private international law series Oxford private international law series.
Subject:	Default (Finance) -- Law and legislation. Repudiation. Debts, Public -- Law and legislation. International and municipal law -- England. International and municipal law -- New York (State) Debts, Public. Debts, Public -- Law and legislation.
Format:	Print Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/11920986

Hidden Bibliographic Details
ISBN:	0198807236 9780198807230
Notes:	Based on author's thesis (doctoral - University of Cambridge, 2015). Includes bibliographical references (pages [307]-328) and index.
Summary:	"Sovereign defaults are perhaps unavoidable in the current international financial system. While efficient debt management practices and mechanisms for reducing overborrowing need to be concerived, it would border upon ignorance to shut one's eyes to the realities of soverign debt litigation. Active bondholders do not shun litigation, principallly before English and New York courts, ... . What the book seeks to achieve is to provide guidance on and fill the gaps in the many stages of sovereign debt litigation. Sovereign debt litigation is an area of law where much is yet to be discovered and where many rules are still inchoate. The entire practice of sovereign debt litigation is further confused by the fact tht sovereign defaults conflate issues of positive private law, public-law thinking, policy-fuelled reasoning, and emotional reactions. The task of any commercial judge hearing a sovereign debt dispute is all the more exacerbated by the lack of any sovereign insolvency regime proper."--Preface.

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Call Number:	XXK4449.K87 2018 c.1
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