Two investment firms are suing Nicaragua for full
repayment of defaulted debt from the 1980s. The outcome could
establish precedents with far-reaching repercussions.
Heralded as a breakthrough in the sovereign debt
restructuring debate, agreements between debtors and creditors
still need fine-tuning.
Uruguay was able to avoid default earlier this year, but whether it simply prolonged the inevitable or truly preserved its good name remain to be seen.
Troubled Latin American companies increasingly are seeking to reorganize their finances under United States bankruptcy regulations. They provide more control and greater certainty for many companies than their home country's insolvency laws.
It remains to be seen whether Latin America can break out of its cyclical history of excessive borrowing, default and financial rehabilitation - and achieve rapid, sustained growth.
Jan 14, 2016 | New York, USA
The Awards celebrate excellence in the capital markets of Latin America and the Caribbean more
Feb 25, 2016 | Mexico D.F., Mexico
For ten years running, the event has gathered prominent corporate issuers, growth companies, ... more
Mar 10 - 11, 2016 | Panama City, Panama
The Forum will convene key players to examine the trends and opportunities to be found in the... more
Which area will be most profitable for investment banks in LatAm in 2016?
It is difficult to say whether [Brazil] will manage to go through a stage of 'blood, sweat and tears' after so many years of 'sex, drugs and rock and roll'.
Luis Stuhlberger, Verde Asset Management
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