LEADER 03729nam 2200673 a 450 001 9910825963403321 005 20200520144314.0 010 $a1-281-93685-5 010 $a9786611936853 010 $a90-474-3142-1 024 7 $a10.1163/ej.9789004162471.i-312 035 $a(CKB)1000000000549694 035 $a(EBL)468381 035 $a(OCoLC)646789612 035 $a(SSID)ssj0000260623 035 $a(PQKBManifestationID)11192662 035 $a(PQKBTitleCode)TC0000260623 035 $a(PQKBWorkID)10224058 035 $a(PQKB)11203150 035 $a(MiAaPQ)EBC468381 035 $a(OCoLC)166382500 035 $a(nllekb)BRILL9789047431428 035 $a(Au-PeEL)EBL468381 035 $a(CaPaEBR)ebr10270866 035 $a(CaONFJC)MIL193685 035 $a(PPN)174400829 035 $a(EXLCZ)991000000000549694 100 $a20070926d2007 uy 0 101 0 $aeng 135 $aurun| uuuua 181 $ctxt 182 $cc 183 $acr 200 10$aTowards a reorganisation system for sovereign debt $ean international law perspective /$fby Holger Schier 205 $a1st ed. 210 $aLeiden ;$aBoston $cMartinus Nijhoff Publishers$d2007 215 $a1 online resource (324 p.) 225 0 $aNijhoff eBook titles 2007 300 $aOriginally presented as the author's thesis (doctoral)--Justus-Liebig University, Giessen, Germany, November 2006. 311 $a90-04-16247-X 320 $aIncludes bibliographical references (p. [279]-301) and index. 327 $aThe 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. 330 $aThe 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 representatively selected countries - Argentina, England, France, Germany, Indonesia and the U.S. Due to the inherent lack of enforceability with regard to sovereign debtors, in order to be able to provide a basis for a reorganisation system for sovereign debt, these principles need to be complemented with a compliance control mechanism. This study suggests how such a system could be constructed and implemented. 517 3 $aTowards a reorganization system for sovereign debt 606 $aDebts, Public$xLaw and legislation 606 $aDebt relief 606 $aState bankruptcy 615 0$aDebts, Public$xLaw and legislation. 615 0$aDebt relief. 615 0$aState bankruptcy. 676 $a343/.037 700 $aSchier$b Holger$01593307 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910825963403321 996 $aTowards a reorganisation system for sovereign debt$93913372 997 $aUNINA