Content area

Abstract

In the period right after the Argentine default in 2001 Anne Krueger, the first deputy managing director of the IMF, gave a speech in which she introduced a sovereign debt restructuring mechanism – the SDRM – essentially a transnational bankruptcy code for sovereigns. For the rest of that year and into 1983, country after country fell into the same process. Because the firm had represented Mexico – it was very much the flagship restructurer – a number of those other countries called the firm, and I quickly realised this had the potential to be a standalone practice area. [...]that the next government be one that is acceptable to the international community. [...]every lawyer is a patchwork of the techniques, habits, even ways of speaking that they will have picked up from the senior lawyers with whom they have worked over the years.

Details

Title
Q&A with sovereign debt legend Lee Buchheit
Author
Crabb, John
Publication year
2019
Publication date
Mar 28, 2019
Publisher
Euromoney Institutional Investor PLC
ISSN
02626969
Source type
Trade Journal
Language of publication
English
ProQuest document ID
2229062434
Copyright
Copyright Euromoney Institutional Investor PLC Mar 28, 2019