Key Points
USA, Insolvency & Restructuring, Litigation, Skadden Arps Slate Meagher & Flom LLP, Supreme Court of the United States
The impact of Argentina's prolonged dispute with the holdouts of its defaulted debt continues to reverberate in the context of foreign sovereign debt restructuring. What has been called the "trial of the century" because of its potential impact on sovereign debt issuances — a clash between the U.S. courts and a foreign sovereign — began in 2001 with Argentina's default.
Argentina, USA, Banking, Capital Markets, Insolvency & Restructuring, Litigation, Public, Skadden Arps Slate Meagher & Flom LLP, Default (finance)