(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 ...
With increasing debt vulnerabilities, domestic debt may become an important—though still distinct––part of debt restructurings. This paper aims to contribute to the discourse by examining the factors ...
When credit card debt feels unmanageable, some borrowers look for ways to change the terms — but is that possible?
Houlihan Lokey led the way in addressing one of the world’s biggest debt restructuring issues: the workout of China’s real estate companies, the vast majority of which have been unable to raise fresh ...
Sovereign debt restructurings can have large impacts on trade, with a significant compression of imports and a more ambiguous effect on exports. We show that the magnitude of that impact depends on ...
HONG KONG, July 30 (Reuters) - China Evergrande Group looks set to be kicked off the Hong Kong exchange next month after failing to revamp its debt and being pushed into liquidation, with the ...
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 ...
Bond restructurings see progress with collective action clauses Coordination issues prolong negotiations with non-bonded creditors IMF highlights gaps in loan and collateralized debt restructuring Oct ...