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Record Nr. |
UNINA9910782350403321 |
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Autore |
Schier Holger |
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Titolo |
Towards a reorganisation system for sovereign debt [[electronic resource] ] : an international law perspective / / by Holger Schier |
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Pubbl/distr/stampa |
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Leiden ; ; Boston, : Martinus Nijhoff Publishers, 2007 |
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ISBN |
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1-281-93685-5 |
9786611936853 |
90-474-3142-1 |
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Descrizione fisica |
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1 online resource (324 p.) |
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Collana |
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Nijhoff eBook titles 2007 |
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Disciplina |
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Soggetti |
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Debts, Public - Law and legislation |
Debt relief |
State bankruptcy |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Originally presented as the author's thesis (doctoral)--Justus-Liebig University, Giessen, Germany, November 2006. |
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Nota di bibliografia |
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Includes bibliographical references (p. [279]-301) and index. |
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Nota di contenuto |
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The early days of sovereign insolvency -- Early proposals for a legal framework for sovereign debt reorganisation -- Scope of the work -- Principal reform proposals. The contractual approach -- The proposal for a statutory sovereign debt restructuring mechananism -- The international law perspective -- The RSSD's normative basis under public international law -- An insolvency system for sovereigns derived from general principles of international law -- Enforcement measures -- Implementation. |
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Sommario/riassunto |
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The insolvency of sovereign debtors is a virtually timeless phenomenon and yet the existing international financial architecture does not provide any legal framework to deal with this issue. Following an overview of the main proposals as to how to bridge this gap, this study analyses the extent to which public international law can be used as a source for the establishment of a reorganisation system for sovereign debt. While there is no adequate customary international law relating to sovereign insolvencies, reference can instead be made to the growing body of general principles of law. This is illustrated by a comparison of the systems of corporate financial reorganisation in insolvency in six |
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