Miller, Marcus (contributor); Thomas, Dania (contributor) - 2006
developments)
The Argentine swap and the debate on SDRM versus CACs.
In 2005, Argentina successfully restructured the … their favour, the holders of these defaulted bonds have received
nothing from Argentina.
4
a successful debt swap … Porzecanski (2005,p.331 ) the case of Argentina suggests that “rogue debtors,
rather than rogue creditors, are the ones that pose …