Category: Corporate & Sovereign Strategy

Argentina’s private retirement funds may be impacted less by the government’s default than many think. That’s good news for pensioners.

Argentina Picks Advisors Argentina named three international investment banks to advise on restructuring $99.4 billion in sovereign bonds, in default since December 2001. Economy Minister Roberto Lavagna picked UBS Warburg, […]

Until recently, investors in a Mexican company could pretty much kiss their money goodbye if it ever went bankrupt. Under Mexico’s 1943 bankruptcy laws, companies could file for bankruptcy, avoid […]

It quickly became clear last year that Uruguay would not escape Argentina’s crisis unscathed. Argentines had long used Uruguay’s offshore banking system as a convenient refuge for their money and […]

When Argentina abandoned its currency board early in 2002 after 11 years, the peso promptly sank by 75%. The devaluation, coupled with the biggest default in history, crushed Argentina’s economy. […]

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.

Ecuador is still struggling after a banking crisis that helped trigger a government debt default in 1999. But Banco de la Producción (Produbanco), proves that even small banks can prosper […]

There are only two truly solvent banks left standing in Argentina, almost two years after the country spiraled into the worst economic crisis in its modern history. The default and […]

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.