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EMTA Special Seminar: Sovereign Debt Restructuring: A Better Way Forward? (London) - Jan. 13

Date
January 13, 2014
Time
02:45 AM - 06:00 AM
Location
London

EMTA SPECIAL SEMINAR: SOVEREIGN DEBT RESTRUCTURING: A BETTER WAY FORWARD?
Monday, January 13, 2014  

Sponsored by
 allen & overy 
One Bishops Square
London E1 6AD
 

2:45 p.m. – Registration 

3:00 p.m. – Panel Discussion
Yannis Manuelides (Allen & Overy) Moderator
Charles Blitzer (Blitzer Consulting)
Marc Balston (Deutsche Bank)
Robert Gray (HSBC Holdings plc)
Dean Menegas (Spinnaker Capital Limited)
 

Cocktails at 5:00 p.m. 

Additional support for this event provided by Deutsche Bank and White & Case.  

After the IMF’s proposal a decade ago for a Sovereign Debt Restructuring Mechanism (SDRM), and the adoption of the IIF's Principles for Stable Capital Flows and Fair Debt Restructuring and inclusion of collective action clauses (CACs) in EM bond issues, there have been various official sector and academic concerns about the existing mechanisms for restructuring sovereign bonds, particularly in response to developments in the European sovereign debt markets and pending litigation against Argentina. 

EMTA hosted three panel discussions in New York.  On October 16, EMTA presented a panel of sovereign debt experts, who described a variety of current proposals, including those being discussed within the IMF, to reform aspects of the international architecture for restructuring sovereign bonds.  On November 5, another panel, composed of leading private sector representatives, gave their views on these proposals. On December 18, another panel composed of leading academics and law firm and private sector representatives, summarized these proposals and the private sector's reactions to them, and then articulated a sensible path forward. 

Today's panel, with a European emphasis, will also endeavor to summarize these proposals and the private sector's reactions to them, and then articulate a sensible path forward. 

This Special Seminar is the fourth in a five-part series of EMTA panels on sovereign debt, the international architecture to restructure it and proposed reforms. 

Attendance is US$95 for EMTA Members / US$695 for non-members / Credential Media Complimentary. 

REGISTRATION FOR THIS EVENT THROUGH THE WEBSITE IS NOW CLOSED, HOWEVER, YOU MAY CLICK HERE TO REGISTER BY EMAIL.