By Karin Strohecker LONDON, June 11 (Reuters) - Increasingly complex debt in the world's emerging markets could raise ...
Other reactive measures have aimed to improve the restructuring process. Following the Mexican crisis of 1994, the OECD’s G10 proposed introducing collective action clauses (CACs) in bond contracts, ...
(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 ...
Sri Lanka’s debt restructuring distinguishes itself from others by its complexity due to a particularly diverse creditor landscape and novel instruments issued in the restructuring. Not eligible for ...
LONDON, April 4 (Reuters) - Ethiopia's official creditors expect to finalise within months a draft debt restructuring that gives the government more time to pay but stops short of an outright haircut, ...
Discover how restructuring charges affect company profits and stakeholder value, with clear examples and reasons firms report ...
WASHINGTON, April 23 (Reuters) - More work is needed to improve the sovereign debt restructuring process and help countries facing mounting debt service challenges, the chairs of a global debt ...
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 ...
As cross-border insolvencies continue to evolve, a notable shift is emerging in how complex restructurings are being executed. While Chapter 11 has long been the dominant forum for large corporate ...
China Vanke Co. is preparing a debt restructuring plan at the request of authorities, people familiar with the matter said, pushing one of the country’s largest real estate developers closer to ...