LEADER 04996nam 22006611 450 001 9910787647603321 005 20230803031745.0 010 $a3-11-031452-5 024 7 $a10.1515/9783110314526 035 $a(CKB)2670000000432710 035 $a(EBL)1121592 035 $a(OCoLC)858762133 035 $a(SSID)ssj0001040273 035 $a(PQKBManifestationID)11632989 035 $a(PQKBTitleCode)TC0001040273 035 $a(PQKBWorkID)10992254 035 $a(PQKB)11018372 035 $a(MiAaPQ)EBC1121592 035 $a(DE-B1597)208952 035 $a(OCoLC)881296084 035 $a(DE-B1597)9783110314526 035 $a(Au-PeEL)EBL1121592 035 $a(CaPaEBR)ebr10785955 035 $a(CaONFJC)MIL806422 035 $a(EXLCZ)992670000000432710 100 $a20131023h20132013 uy 0 101 0 $aeng 135 $aurnn#---|n||u 181 $ctxt 182 $cc 183 $acr 200 00$aCollective action clauses and the restructuring of sovereign debt /$fedited by Klaus-Albert Bauer, Andreas Cahn, Patrick S. Kenadjian 210 1$aBerlin :$cDe Gruyter,$d[2013] 210 4$d©2013 215 $a1 online resource (280 p.) 225 1 $aInstitute for law and finance series ;$vvolume 12 300 $aContains articles based on presentations given at a conference hosted by the Institute for Law and Finance of Goethe University on October 27, 2011. 311 0 $a3-11-031447-9 320 $aIncludes bibliographical references. 327 $tFront matter --$tPreface --$tTable of Contents --$tThe Authors --$tIntroduction --$tThe Euro Area's Collective Action Clause - Some Questions and Answers /$rBauer, Klaus-Albert --$tPrivate Sector Involvement in Sovereign Debt Restructuring: Model CACs for Europe --$tIdentical Collective Action Clauses for different Legal Systems: A European Model /$rSáinz de Vicuña y Barroso, Antonio --$tTowards a Level Playing Field /$rHappe, Claus-Michael --$tAn Introduction to the Euro Area's Model Collective Action Clause /$rSabel, David G. --$tEnfranchisement and Disenfranchisement in Collective Action Clauses /$rHofmann, Christian --$tCollective Action Clauses and Litigation --$tBondholder Resolutions in the Courtroom /$rBurn, Lachlan --$tCan Collective Action Clauses in Sovereign Bonds Limit Litigation Risks for States? /$rKasolowsky, Boris / Miron, Smaranda --$tThe Future of Sovereign Debt in Europe --$tCACs and the Restructuring of Sovereign Debt - How Would Markets React? /$rWiesmann, Martin --$tThe Aggregation Clause in Euro Area Government Securities: Game Changer or Flavor of the Month? - Background and the Greek Experience /$rKenadjian, Patrick S. --$tSovereign Debt Restructuring: Lessons from History /$rKopf, Christian --$tA Resolvency Proceeding for Defaulting Sovereigns /$rPaulus, Christoph G. --$tAppendices --$tAppendix 1. Art. 12(3) ESM Treaty --$tAppendix 2. EFC Sub-Committee on EU Sovereign Debt Markets Model Collective Action Clause --$tAppendix 3. EFC Sub-Committee on EU Sovereign Debt Markets Supplemental Provisions to Model Collective Action Clause --$tAppendix 4. EFC Sub-Committee on EU Sovereign Debt Markets Model Collective Action Clause Supplemental Explanatory Note --$tAppendix 5. EFC Sub-Committee on EU Sovereign Debt Markets Draft Model Collective Action Clause (distributed for Comment in July 2012) --$tAppendix 6. EFC Sub-Committee on EU Sovereign Debt Markets Collective Action Clause Explanatory Note dated 26 July 2011 330 $aThe volume contains articles based on presentations given at a conference hosted by the Institute for Law and Finance of Goethe University on October 27, 2011. Collective action clauses are an example of the typical dichotomy of financial regulation: While the problems are economic in nature, the solutions need to be implemented by law. The Institute for Law and Finance strives to bring together law and finance in order to foster a better mutual understanding of both disciplines and to improve the regulation of financial markets. Thus, the organizers are particularly pleased that eminent experts from the fields of law and finance agreed to participate in the event and to share their views on and experiences with collective action clauses. The presentations given at the conference have been updated in 2012 to reflect recent developments. 410 0$aInstitute for law and finance series ;$v12. 606 $aDebts, Public$vCongresses 606 $aExecutions (Law)$vCongresses 606 $aLoans, Foreign$xLaw and legislation$vCongresses 615 0$aDebts, Public 615 0$aExecutions (Law) 615 0$aLoans, Foreign$xLaw and legislation 676 $a336.34 701 $aBauer$b Klaus-Albert$01491351 701 $aCahn$b Andreas$0279065 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910787647603321 996 $aCollective action clauses and the restructuring of sovereign debt$93713142 997 $aUNINA