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Elizabeth H Dahill

2012

Banking and Finance

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Full-Text Articles in Law

As Greece Goes, So Goes The E.U.: Defending Europe With A Sovereign Debt Restructuring Framework, Elizabeth H. Dahill Mar 2012

As Greece Goes, So Goes The E.U.: Defending Europe With A Sovereign Debt Restructuring Framework, Elizabeth H. Dahill

Elizabeth H Dahill

This Article discusses the current sovereign debt crisis in Europe and proposes that European policymakers adopt a European Debt Restructuring Framework [EDRF] modeled after the IMF’s Sovereign Debt Restructuring Mechanism [SDRM], sovereign bond contracts’ Collective Action Clauses [CAC] and the U.S Bankruptcy Code’s Chapter 9.