{"product_id":"intercreditor-equity-in-sovereign-debt-restructuring-9780192866905","title":"Intercreditor Equity in Sovereign Debt Restructuring","description":"The question of intercreditor equity is one of the most contentious issues in debt restructuring, both historically and today. \u003cp\u003e\u003c\/p\u003e\u003cem\u003eIntercreditor Equity in Sovereign Debt Restructuring\u003c\/em\u003e maps and establishes the content of these intercreditor equity rules, and analyses how they influence the restructuring process. Through this analysis, Astrid Iversen outlines how creditors can predict their legal rights in the unfortunate event of a debt restructuring and strives to improve our understanding of the boundaries within which a debt restructuring offer must be designed. Iversen also seeks to shed light on the functioning of the legal framework governing sovereign debt more broadly. In this book, she examines whether intercreditor equity rules and the legal framework of sovereign debt are compatible with a debtor state's responsibility to ensure monetary and financial stability and to establish sustainable debt burdens. Iversen also explores how certain intercreditor equity rules constitute an obstacle to sustainable debt restructurings and highlights how the number of different intercreditor equity rules that a\u003cbr\u003esovereign debtor state typically is bound by, as well as the scope of these rules, risk tightening the policy space of debtor states to the extent that it is difficult to design and implement a sustainable debt restructuring. \u003cp\u003e\u003c\/p\u003eSuitable as an introductory text for readers new to the topic of sovereign debt restructurings, and as an instructive guide for debt management offices, creditors, and their lawyers, this publication provides a comprehensive legal study of intercreditor equity rules in sovereign debt restructuring.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Astrid Iversen\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Oxford University Press, USA\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 06\/10\/2023\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 272\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.20lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.50w x 1.30d\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9780192866905","brand":"Oxford University Press, USA","offers":[{"title":"Hardcover","offer_id":40937526427763,"sku":"9.78019E+12","price":206.13,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0555\/9255\/0515\/products\/img_cdcf0d5b-ea86-4d28-b35e-cd7683aa2dee.jpg?v=1693314218","url":"https:\/\/bookstorenmore.com\/products\/intercreditor-equity-in-sovereign-debt-restructuring-9780192866905","provider":"Bookstore N More","version":"1.0","type":"link"}