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A01=Alan Kornberg
A01=Dalvinder Singh
A01=Eric McLaughlin
A01=Randall Guynn
A01=Rodrigo Olivares-Caminal
A01=Sarah Paterson
Age Group_Uncategorized
Age Group_Uncategorized
Author_Alan Kornberg
Author_Dalvinder Singh
Author_Eric McLaughlin
Author_Randall Guynn
Author_Rodrigo Olivares-Caminal
Author_Sarah Paterson
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Category1=Non-Fiction
Category=LNPB
Category=LNPC
COP=United Kingdom
Delivery_Delivery within 10-20 working days
Language_English
PA=Available
Price_€100 and above
PS=Active
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Debt Restructuring

The new third edition of Debt Restructuring offers detailed legal analysis of international corporate, banking, and sovereign debt restructuring, from the perspective of creditors and debtors. It provides practical guidance to help practitioners, policy-makers, and academics in the UK and US to understand current developments in debt restructuring, and provides solutions for creditors holding distressed debt and debtor options in a distressed scenario. The Corporate Debt section includes significant changes to highlight the impact of COVID-19 on restructurings, including: potential grounds for investors/lenders to modify or terminate commitments to fund or support restructurings by invoking material adverse effect or force majeure clauses; unprecedented relief granted by insolvency courts to aid ailing retailers; and challenges facing insolvency courts in making necessary confirmation findings regarding the feasibility of reorganization plans due to market instability. This section also includes the recent adoption of the Part 26A Restructuring Plans and the EU Restructuring Directive. Amendments to the Bank Resolution section reflect decisions by the Single Resolution Board, and national authority resolution decisions notified to the European Banking Authority. A new sub-section on domestic bank insolvency and liquidation covers the developments under the Deposit Guarantee Schemes Directive, and a new chapter on insolvency law relating to Insurance Firms addresses the international debate on a special resolution regime for insurance firms. Other updates include the 2017 code of practice, the 'third country' branch model after Brexit, non-equivalence regarding depositor protection arrangements, and the Resolvability Assessment Framework. In the Sovereign Debt section, there is detailed coverage of US and UK developments, examining the increased role of sanctions and the possibility of piercing the corporate veil in SoEs (Chrystallex), as well as the increased push for domestic laws to be used to curtail litigation. It also covers developments in re-designation and the emergence of the 'pac-man technique' in the context of collective action clauses, as a result of the recent restructurings of Argentina and Ecuador. The impact of COVID-19 on the adoption of the Debt Service Suspension Initiative and the Common Framework are also analysed. See more
Current price €293.54
Original price €308.99
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A01=Alan KornbergA01=Dalvinder SinghA01=Eric McLaughlinA01=Randall GuynnA01=Rodrigo Olivares-CaminalA01=Sarah PatersonAge Group_UncategorizedAuthor_Alan KornbergAuthor_Dalvinder SinghAuthor_Eric McLaughlinAuthor_Randall GuynnAuthor_Rodrigo Olivares-CaminalAuthor_Sarah Patersonautomatic-updateCategory1=Non-FictionCategory=LNPBCategory=LNPCCOP=United KingdomDelivery_Delivery within 10-20 working daysLanguage_EnglishPA=AvailablePrice_€100 and abovePS=Activesoftlaunch
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Product Details
  • Weight: 1676g
  • Dimensions: 175 x 252mm
  • Publication Date: 19 Aug 2022
  • Publisher: Oxford University Press
  • Publication City/Country: United Kingdom
  • Language: English
  • ISBN13: 9780192848109

About Alan KornbergDalvinder SinghEric McLaughlinRandall GuynnRodrigo Olivares-CaminalSarah Paterson

Rodrigo Olivares-Caminal is Professor in Banking and Finance Law at the Centre for Commercial Law Studies at Queen Mary University of London. Prior to joining CCLS he was a Senior Lecturer in Financial Law and the Academic Director at the Centre for Financial and Management Studies (SOAS) University of London and the School of Law University of Warwick. He has acted as a Sovereign Debt Expert for the United Nations Conference on Trade and Development (UNCTAD) Senior Insolvency Expert for the World Bank / IFC and as a consultant to multilateral institutions in Washington DC and Europe Central Banks and Sovereign States. He specialises in international finance and insolvency law and is the author/editor of seven books. Randall Guynn is co-head of the Financial Institutions Group at Davis Polk & Wardwell. He is a leading bank regulatory and M&A lawyer and has been ranked a Star Individual in bank regulation by Chambers. He was named Banking Lawyer of the Year and Most Highly Regarded Banking Lawyer in the World by Law Business Research (2014 & 2017). He advises on financial services including on critical transactions business opportunities and corporate governance issues. Alan Kornberg is co-chair of the Restructuring Department at Paul Weiss Rifkind Wharton & Garrison LLP. He received his J.D. from New York University School of Law after completing his A.B. at Brandeis University where he graduated magna cum laude. Sarah Paterson is Professor of Law at the London School of Economics researching corporate insolvency and restructuring law. Previously Sarah was a partner in the Restructuring and Insolvency Group of Slaughter and May where she retains a senior consultancy. She is editor of McKnight Paterson and Zakrzewski on the Law of International Finance and author of Corporate Reorganization Law and Forces of Change (OUP 2020). Sarah is a member of the Council of the Insolvency Lawyers' Association the technical committee of the Insolvency Lawyers' Association III and the General Technical Committee of R3. Eric McLaughlin is a partner in the Financial Institutions Group at Davis Polk & Wardwell. He provides bank regulatory advice to financial institutions. He has advised clients on the Bank Holding Company Act the National Bank Act the Home Owners' Loan Act and other statutes and regulations applicable to financial institutions. He also advises on capital markets and M&A transactions as well as on compliance enforcement and corporate governance matters as well as on matters relating to digital assets and distributed ledger technology. Dalvinder Singh is Professor of Law at the University of Warwick. He has been Adjunct Professor Alma Mater Studiorum (Università di Bologna) Department of Management since 2019. His research interests are in the fields of banking supervision and cross border banking. He is the editor of the Journal of Banking Regulation and a member of the Advisory Panel of the International Association of Deposit Insurers Switzerland.

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