Default : the landmark court battle over Argentina's $100 billion debt restructuring
Makoff, Gregory2024
Book
"This is the riveting tale of Argentina's sovereign debt drama, a complicated story that unfolds over 15 years and involves a host of characters, institutions, and issues. The country defaulted on its debt in 2001, restructured it in 2005, and was in court for the ensuing decade. The debt restructuring and the lawsuits that followed have had an outsized impact on sovereign debt law, sovereign debt markets, and sovereign debt policy: Argentina's pending default triggered an intense fight in Washington over the role of the IMF in sovereign debt restructurings; Argentina's default and its losses in court triggered the adoption (and enhancement) of a quasi-bankruptcy feature in sovereign bonds called Collective Action Clauses; the Argentina bond cases generated numerous opinions from the courts relating to what creditors can and can't do to try to collect from a country in default; and the messy outcome will serve, for years to come, as a cautionary tale to those might want to go down the same path"-- Provided by publisher.
Main title:
Default : the landmark court battle over Argentina's $100 billion debt restructuring / Gregory Makoff ; with a foreword by Lee C. Buchheit.
Author:
Makoff, Gregory, authorBuchheit, Lee C., 1950-, writer of foreword
Imprint:
Washington, DC : Georgetown University Press, [2024]©2024
Collation:
xiii, 401 pages : illustrations ; 24 cm
Notes:
Includes bibliographical references (pages 313-389) and index.
Contents:
Argentina Defaults then Fights with the IMF (December 2001-March 2003)The Three-Way War : Argentina Battles with Creditors and the IMF over the Debt Deal (January 2003-April 2004)Kirchners Triumph : Argentina's 2005 Debt Restructuring (April 2004-June 2005)Backstory : Elliot's War on Peru (1996-2000)Raid on the Argentine Central Bank (December 2005-January 2007)All Plaintiffs Big and Small (June 2005-December 2009)-- Turning Point (2010)Equal Treatment (October 2010-May 2014)Argentina's Economic Stumbles and Elliott's Worldwide War (October 2010-June 2014)It All Falls Apart (June 2014-November 2015)The Settlement (December 2015-April 2016).
ISBN:
9781647123970 (hbk)9781647123970 (hardback)
Dewey class:
343.82037343.82
LC class:
K4449
Language:
English
Subject:
Default (Finance) -- Law and legislationDebts, External -- Law and legislationDebts, Public -- Law and legislationState bankruptcyDebts, Public -- ArgentinaForeign bonds -- United StatesConflict of laws -- Debts, External -- United States -- CasesArgentina -- Trials, litigation, etcElliott Investment Management -- Trials, litigation, etcInternational Monetary FundUnited States. District Court (New York : Southern District)
BRN:
807967
| Location | Collection | Call number | Status/Desc |
|---|---|---|---|
| Kathleen Syme Carlton | -Society | SOCIETY 343.82 MAKO | Available |