The Process of Sovereign Debt Restructuring

The Process of Sovereign Debt Restructuring - Lee Buchheit (Part 1)

Рет қаралды 11,375

Florence School of Banking and Finance

6 жыл бұрын

Lecture by Lee C. Buchheit (Clearly Gottlieb Steel & Hamilton LLP).
Recorded at the training course 'Managing and Understanding Sovereign Debt Risks and Restructuring' by the Florence School of Banking and Finance - Florence, 24 April 2018
fbf.eui.eu/managing-understand...

Пікірлер: 9

@shaunoconnell9506 2 жыл бұрын

Great content. So rare to find something this deep online

@ataleoftwocities4714 2 жыл бұрын

Lovely. Very competent and wise lawyer!

@maximegrossman2146 3 жыл бұрын

great speaker and great knowledge

@brandonbagwell7676 Жыл бұрын

Wow! I mean, Wow! This guys *gets it*!

@kefren191919191 5 жыл бұрын

Mr Buchheit, very prepared and professional. I hope he will keep this professionalism and propose a restructuring for Venezuela where creditors will not be punished trusting and helping the people of Venezuela by giving them funds. It is good to preserve Venezuela assets, however, creditors should only be patient and not suffering any loss from a country, Venezuela that has billions and billions of natural resources, probably the richest country in the world in term of resources. Pari passu also shall be followed. No creditors are better than others (even if Goldman Sachs bonds were paid and also CITGO creditors were paid) this should not be the norm. Everyone should be treated the same. Debt haircut cannot be an option for such a rich country, extending the debt repayment dates would relieve the country and new investments will make it grow.

@tallartist 3 жыл бұрын

What is the line item on IMF is not big enough to handle the sovereign debt....???

@phizzhead53 Жыл бұрын

If the entire government of a country resigns from office are there debts no longer valid because the country that owes money no longer exists

@vitkrasiuk9827 8 ай бұрын

I think that the existence of the government is more complex than this. Take Belgium: more than 6 months without government, Belgium actually exists and its economy is though fragile, not at the critical point of default. I can't prove the point through rigorous demonstration, but the counter-example might be already sufficient.