EMTA PANELS EXPLORE RECENT AND POTENTIAL LITIGATION IN EM AREA
On March 9, 2009, EMTA hosted a panel that reviewed the recent litigation against Argentina and other sovereigns, as well as potential litigation relating to Ecuador’s payment on its 2015 Bonds (and declaration of “illegitimacy” on its 2012 and 2030 Bonds).
This event was held at EMTA’s offices in NYC, with a simultaneous video-link in London hosted by Herbert Smith. Panelists included representatives from the following major law firms and credit rating agency:
Lee Buchheit (Cleary Gottlieb Steen & Hamilton), James Kerr (Davis Polk & Wardwell), Adam Johnson (Herbert Smith), Danforth Newcomb (Shearman & Sterling), Lisa Schineller (Standard & Poors), Mark Rosenberg (Sullivan & Cromwell) and Timothy DeSieno (Bingham McCutchen).
This presentation continues EMTA’s series on Sovereign Debt Restructurings and their Implications, which was initiated on June 7, 2006 (How a Ratings Agency Brings a Country out of Default) and has included later events in NYC and/or London in 2006 (Enforcement Against Sovereigns in the US and Elsewhere and Official Sector Implications) and in 2007 (The Argentina Precedent: Will Others Follow?).
For more information, please contact either Aviva Werner at awerner@emta.org or Starla Griffin at sgriffin@emta.org.