Debt Restructuring provides a legal analysis of international corporate, banking and sovereign debt restructuring from both the creditors' and debtors' perspective. It provides a practical guide for creditors holding distressed debt, debtor options in a distressed scenario and the necessary steps for the parties to achieve their goals.
Written by an expert author team of leading practitioners and academics, the legal analysis is supported by case studies and draft clauses. This topical work is divided into three parts: corporate debt restructuring; bank resolution; and sovereign debt restructuring.
Focusing primarily on English and US law, there is coverage of regulation at EU level and the UNCITRAL model law on cross-border insolvencies. Regulatory, policy and practice changes developed as a result of the credit crisis are incorporated to provide a current account of practice in this field.
Aimed at lawyers working in international finance, banking, insolvency or financial services regulation, as well as regulatory agencies, central banks, banking supervisors, accountants and investment banks, Debt Restructuring can be used as a tool for international practitioners to understand the current trends in debt restructuring in order to provide a solution to their clients.