State of Distressed Debt: Ellias on Reorganizations’ Global Bazaar
“If there’s kind of a squeamishness about forum shopping in the US, there’s a little...it’s just overseas, there’s none at all,” observed Harvard Law Professor Jared Ellias. “There’s a great deal of pride and interest in building...an insolvency system that is equal and in some ways more useful than what they have in the United States.” Ellias sat down with Bloomberg Intelligence analysts Negisa Balluku and Phil Brendel to discuss his new paper, “The Global Law of Debt,” co-authored with Narine Lalafaryan. Ellias traces how the historical entanglement of the New York and London debt markets…
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