000			02110cam a2200313 a 4500
001			16531916
003			BD-DhUL
005			20160808114751.0
008			101104s2011 enka b 001 0 eng
010			_a 2010045606
020			_a9780521196994 (hardback)
040			_aDLC _cDLC _dDLC _dBD-DhUL
042			_apcc
050	0	0	_aK4448 _b.W35 2011
082	0	0	_a343.037 _222 _bWAS
084			_aLAW051000 _2bisacsh
100	1		_aWaibel, Michael, _cLL. M.
245	1	0	_aSovereign defaults before International courts and tribunals / _cMichael Waibel.
260			_aCambridge ; _aNew York : _bCambridge University Press, _c2011.
300			_alvi, 366 p. : _bill. ; _c24 cm.
365			_aUSD _b89.10
490	0		_aCambridge studies in international and comparative law ; _v81
500			_aIncludes index.
504			_aBibliography: p. 330-349
520			_a"International law on sovereign defaults is underdeveloped because States have largely refrained from adjudicating disputes arising out of public debt. The looming new wave of sovereign defaults is likely to shift dispute resolution away from national courts to international tribunals and transform the current regime for restructuring sovereign debt. Michael Waibel assesses how international tribunals balance creditor claims and sovereign capacity to pay across time. The history of adjudicating sovereign defaults internationally over the last 150 years offers a rich repository of experience for future cases: US state defaults, quasi-receiverships in the Dominican Republic and Ottoman Empire, the Venezuela Preferential Case, the Soviet repudiation in 1917, the League of Nations, the World War Foreign Debt Commission, Germany's 30-year restructuring after 1918 and ICSID arbitration on Argentina's default in 2001. The remarkable continuity in international practice and jurisprudence suggests avenues for building durable institutions capable of resolving future sovereign defaults"-- _cProvided by publisher.
650		0	_aDebts, Public _xLaw and legislation.
650		0	_aDebts, External _xLaw and legislation.
942			_2ddc _cBK
999			_c94901 _d94901