We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.
Published online by Cambridge University Press: 18 May 2017
1 The general themes of this section are drawn significantly from Odette Lienau, Rethinking Sovereign Debt: Politics, Reputation, and Legitimacy in Modern Finance (2014). For the discussion of different conceptions of sovereignty in sovereign debt, see especially id. at 1–7, 21–24, 34–52.
2 My comments on this question of the applicability of domestic insolvency draw from Odette Lienau, The Challenge of Legitimacy in Sovereign Debt Restructuring, 57 Harv. Int'l L.J. 151–214 (2016), esp. pp. 190–94.
3 See, e.g., Belgium's “Anti-Vulture Funds Law,” which was passed by the Belgian Parliament on July 12, 2015 and which entered into force on September 21, 2015. See also Natalia Drozdiak, Belgium to Block ‘Vulture’ Funds from Profiting on Government Debt, Wall Street J., June 9, 2015.
4 For a discussion of two recent cases, see, e.g., Damian S. Schaible & Darren S. Klein, Two New Cases Cast a Shadow Over Credit Bidding, N.Y. L.J. (June 23, 2014).
