A Fair Hearing for Sovereign Debt – Joseph E. Stiglitz and Martin Guzman

Regarding the Argentina debt negotiations, a court in the United Kingdom has decided that ‘Argentina’s interest payments on bonds issued under UK law are covered by UK law, not US judicial rulings”. Please read which, Joseph Stiglitz and Martin Guzman think, will be the consequences of such decision. We publish the first three paragraphs and links to the full text   and to court decision. http://www.project-syndicate.org/commentary/argentina-repay-vulture-fund-by-joseph-e–stiglitz-and-martin-guzman-2015-03 http://www.bailii.org/ew/cases/EWHC/Ch/2015/270.html dialogosessenciais.com NEW YORK – […]

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