Ep 160 ft. Mitu & Mark
23 Jun 2025
Contributed by Lukas
Ukraine's Expansive "Fiscal Laws" Clause International sovereign bonds, and particularly those iss...
Ep 159 ft. Mitu & Mark
10 Jun 2025
Contributed by Lukas
The Greek GDP Warrant Drama Greece’s debt situation has improved remarkably, from default status ...
Ep 158 ft. Mitu & Mark
28 May 2025
Contributed by Lukas
Some Questions, Now That it's About 3 Years Since Russia’s Default It has now been around 3 year...
Ep 157 ft. Mitu & Mark
12 May 2025
Contributed by Lukas
Sovereign Debt Odd & Ends An odds and ends podcast about unrelated sovereign debt topics. First up...
Ep 156 ft. Paul Stephan
28 Apr 2025
Contributed by Lukas
Is There Any Law of State Succession? Syria, Ukraine and Greenland. The law of state succession to ...
Ep 155 ft. Mitu & Mark
31 Mar 2025
Contributed by Lukas
What if Trump Discovers that Unpaid UK (and French) Debt From WWI? The current administration has t...
Ep 154 ft. Mitu & Mark
24 Mar 2025
Contributed by Lukas
What Might a Syrian Debt Restructuring (Eventually) Look Like? There is little doubt that Syria nee...
Ep 153 ft. Mitu & Mark
17 Mar 2025
Contributed by Lukas
User Fees on the US Treasury Strategic Gold Crypto Reserve Trump plans to reduce the US debt. We ar...
Ep 152 ft. Mitu & Mark
03 Mar 2025
Contributed by Lukas
Why Do We Care Who is Behind HRB’s Sri Lankan Lawsuit? The Hamilton Bank litigation against Sri L...
Ep 151 ft. Sarah Carlson & Elena Duggar
17 Feb 2025
Contributed by Lukas
Greece’s (Ratings) Rise From the Ashes – Wow, but also How? We study sovereign restructurings, ...
Ep 150 ft. Andrew Kissner
03 Feb 2025
Contributed by Lukas
Getting "J. Screwed" Sounds Better than Getting "Argentina'd" In the world of corporate debt, every...
Ep 149 ft. Mitu & Mark
20 Jan 2025
Contributed by Lukas
Is Sri Lanka’s Loss Reinstatement Provision a Penalty? Two of our favorite things to talk about a...
Ep 148 ft. Mitu & Mark
06 Jan 2025
Contributed by Lukas
Sri Lanka's New MFC Clause — Have "Contorts" Arrived in Sovereign Debt? The doctrine of tortious...
Ep 147 ft. Paul Stephan
01 Dec 2024
Contributed by Lukas
YPF and Argentina’s Contributions to International Law Argentina owes over $16 billion in connec...
Ep 146 ft. Mitu & Mark
04 Nov 2024
Contributed by Lukas
The Penalty Doctrine in Contract Law We've never been fans of the contract law rule against penalti...
Ep 145 ft. Mitu & Mark
07 Oct 2024
Contributed by Lukas
A New Competition For Law (and Jurisdiction)? Jurisdictions famously compete for businesses to use ...
Ep 144 ft. Nate Oman
30 Sep 2024
Contributed by Lukas
An Execution Sale is Not a Receivership. (Right?) Creditors of Venezuela and PDVSA, its state oil c...
Ep 143 ft. Mitu & Mark
23 Sep 2024
Contributed by Lukas
Hamilton Bank v. Sri Lanka: What the $@#$ ? Accusations that Hamilton Bank is a giant fraudster ste...
Ep 142 ft. Theo Maret
09 Sep 2024
Contributed by Lukas
Zambia’s Restructuring: A Post-Mortem Zambia’s recently concluded restructuring seemed to drag ...
Ep 141 ft. Mitu & Mark
02 Sep 2024
Contributed by Lukas
The Champerty Show Ah, Champerty. Perpetual runner-up, to the doctrine of consideration, in the Stu...
Ep 140 ft. Zohra Ahmed
26 Aug 2024
Contributed by Lukas
IMF Rescues Pakistan From the Brink of Default (Again) Pakistan looks to be in the process of final...
Ep 139 ft. Oona Hathaway
19 Aug 2024
Contributed by Lukas
A Better Way to Freeze (and Seize?) Russian Assets? Ever since Russia invaded Ukraine in 2022, the...
Ep 138 ft. Randle DeFalco
12 Aug 2024
Contributed by Lukas
Cambodia’s Debts to the US: How “Dirty” Are They? Roughly a half century ago, in the 1970s, t...
Ep 137 ft. Joseph Cotterill
05 Aug 2024
Contributed by Lukas
Ukraine's Preliminary Debt Restructuring Deal Ukraine reportedly has reached terms with a subset of...
Ep 136 ft. Andrew Wilkinson
20 May 2024
Contributed by Lukas
Tortious Interference and Inter-Creditor Duties Creditors in sovereign debt restructurings often co...
Ep 135 ft. Ben Heller
29 Apr 2024
Contributed by Lukas
El Salvador’s Warrants: Bukele’s Folly? El Salvador has issued a new bond, using part of the pr...
Ep 134 ft. Mitu & Mark
15 Apr 2024
Contributed by Lukas
The Latest in the Argentine GDP Warrant Saga: Drafting Goof or Sneaky Drafting? There are so many i...
Ep 133 ft. Jerome Sgard
08 Apr 2024
Contributed by Lukas
Lessons from the 1980s Debt Crisis The 1980s debt crisis began in Mexico and engulfed countries aro...
Ep 132 ft. Ingrid Brunk & Paul Stephan
01 Apr 2024
Contributed by Lukas
A Way to Use Frozen Russian Assets to Help Ukraine? There has been much chatter lately about a prop...
Ep 131 ft. Mitu & Mark
25 Mar 2024
Contributed by Lukas
Ukrenergo Confusion Rumor has it that holders of bonds issued by Ukrenergo, the state-owned corpora...
Ep 130 ft. Kejal Vyas
18 Mar 2024
Contributed by Lukas
Who Benefits from Lifting Sanctions on Buying Venezuelan Bonds? Banning U.S. parties from buying Ve...
Ep 129 ft. Mitu & Mark
11 Mar 2024
Contributed by Lukas
The Last Sovereign Bond in New York Due to litigation over the PDVSA 2020 bond, all future issues o...
Ep 128 ft. Chris Spink
04 Mar 2024
Contributed by Lukas
Something Black in the Lentils at Ukrenegro A few weeks ago, there was an announcement that some of...
Ep 127 ft. Lauge Poulsen
26 Feb 2024
Contributed by Lukas
Back to the Future (Again) -- Russian Frozen Assets Episode In recent months, there has been much t...
Ep 126 ft. Mitu & Mark
05 Feb 2024
Contributed by Lukas
Tierra del Fuego and Tinfoil Hats The financial press has mostly overlooked the recent debt restruc...
Ep 125 ft. Mitu & Mark
29 Jan 2024
Contributed by Lukas
Can Someone Explain What is Happening to SLBs? A year and a half or so ago, we were working on a pa...
Ep 124 ft. Nate Oman
22 Jan 2024
Contributed by Lukas
Equity Receiverships and Sovereign Debt Observers of sovereign debt markets have long lamented the ...
Ep 123 ft. Mitu & Mark
15 Jan 2024
Contributed by Lukas
How Much of the YPF Judgement Will Burford, Realistically, Recover? Burford Capital, a highly sophi...
Ep 122 ft. Greg Makoff
08 Jan 2024
Contributed by Lukas
Argentina's 2001 Debt Saga Revisited Argentina's 2001 default spawned nearly 15 years of litigation...
Ep 121 ft. Ben Heller
13 Nov 2023
Contributed by Lukas
What the FRAN? This episode is on Argentina's famous FRANs (floating rate accrual notes). The notes...
Ep 120 ft. Mitu & Mark
06 Nov 2023
Contributed by Lukas
What to Make of the Stay Order in Hamilton Reserve Bank v. Sri Lanka? Strange things have been goin...
Ep 119 ft. Elya Zhang
16 Oct 2023
Contributed by Lukas
China’s Defaulted War Debts We’ve long viewed China’s defaulted debt from the first half of t...
Ep 118 ft. Alexandra Zeitz & Lauren Ferry
09 Oct 2023
Contributed by Lukas
China’s Impact on Sovereign Debt Restructurings There has been much chatter (a lot of it out of W...
Ep 117 ft. Priscila Azevedo Rocha & Todd Gillespie
02 Oct 2023
Contributed by Lukas
Dodgy SLBs We’ve been intrigued by the potential of sustainability-linked bonds. In theory, they ...
Ep 116 ft. Kenza Bryan
25 Sep 2023
Contributed by Lukas
Are sustainability-linked bonds here to stay? Sustainability-linked bonds (SLBs) tie the issuer’s...
Ep 115 ft. Ignacio Lagos
18 Sep 2023
Contributed by Lukas
Sovereign Sustainability Linked Bonds: What’s Going On? The newest product on the sovereign scene...
Ep 114 ft. Steven Bodzin
21 Aug 2023
Contributed by Lukas
Venezuelan Debt: The CITGO Auction, Statute of Limitations, and Other Enforcement Matters It’s a...
Ep 113 ft. Rebecca Burton
14 Aug 2023
Contributed by Lukas
Chasing Payment on Old Cuban Debt We have a great fondness on this podcast for unpaid historical de...
Ep 112 ft. Timothy Dodsworth, Maggie Hemsworth & Severine Saintier
07 Aug 2023
Contributed by Lukas
Unpacking the Argentine GDP Warrants Case In 2005 and 2010, Argentina issued GDP-linked warrants ...
Ep 111 ft. Dan Lainer-Vos
31 Jul 2023
Contributed by Lukas
Is a Diaspora Bond a Loan or a Gift? Contract law distinguishes contracts from promises to make a ...
Ep 110 ft. Mitu & Mark
24 Jul 2023
Contributed by Lukas
Hamilton Bank Redux We have talked before about the lawsuit by Hamilton Bank against Sri Lanka, not...
Ep 109 ft. Felix Salmon
01 May 2023
Contributed by Lukas
The New Not Normal Felix Salmon, the OG of sovereign debt journalism joins us for our final episode...
Ep 108 ft. David Schleicher
24 Apr 2023
Contributed by Lukas
In a Bad State The world of sovereign debt research has long given short shrift to insights that mi...
Ep 107 ft. Nate Oman
17 Apr 2023
Contributed by Lukas
Ukraine's Victory in the UK Supreme Court More than three years after hearing argument, the U.K. Su...
Ep 106 ft. Mitu & Mark
10 Apr 2023
Contributed by Lukas
Sri Lanka’s Litigation Risk: Yet Another Problem With the Slow Pace of Restructurings A while bac...
Ep 105 ft. Reza Baqir
03 Apr 2023
Contributed by Lukas
Pakistan's Debt Distress Pakistan's debt distress has focused scrutiny on its debt structure, which...
Ep 104 ft. Townsend Hyatt
27 Mar 2023
Contributed by Lukas
Do Native American Tribes Pay Too Much to Borrow? Recent research suggests that Native American ...
Ep 103 ft. Melissa Butler
20 Mar 2023
Contributed by Lukas
Why is the Zambian Restructuring Dragging on So? There are finally signs of progress in Sri Lanka’...
Ep 102 ft. David Gill
13 Mar 2023
Contributed by Lukas
The Long Shadow of Default The sovereign debt literature has somehow managed to overlook one of th...
Ep 101 ft. Natasha White
06 Mar 2023
Contributed by Lukas
ESG investing What combines existential dread (climate change) with bewildering What counts as ESG...
Ep 100 ft. Wailin Wong
27 Feb 2023
Contributed by Lukas
Debt Ceiling Drama The drama around the U.S. debt ceiling should be low hanging fruit for a podcas...
Ep 99 ft. Jorgelina do Rosario & Karin Strohecker
20 Feb 2023
Contributed by Lukas
Domestic Debt, Financing Assurances, and other Fault Lines in Sovereign Debt Restructuring Ghana’...
Ep 98 ft. Chelsey Dulaney
13 Feb 2023
Contributed by Lukas
Ghana's Restructuring: Why the Mess? Sovereign debt restructurings seem to be stuck in quicksand. T...
Ep 97 ft. Rich Schragger
06 Feb 2023
Contributed by Lukas
Do Bondholders Care About Bankruptcy Access? Theory tells us that bondholders care whether sovereig...
Ep 96 ft. Avinash Persaud
30 Jan 2023
Contributed by Lukas
Fear of Fund” and the Bridgetown Initiative Sovereign debt has been very much in the news in earl...
Ep 95 ft. Livia Hinz
23 Jan 2023
Contributed by Lukas
Bondholders Rights as a Function of Nationality Rather than Contract Recent debt restructurings hav...
Ep 94 ft. Mary Childs
16 Jan 2023
Contributed by Lukas
The Bond King The name PIMCO is ubiquitous in the world of bond finance. But aside from its enormou...
Ep 93 ft. Vincent Buccola
09 Jan 2023
Contributed by Lukas
Lessons from the U.S. Municipal Bond Cases? In a sovereign debt crisis, a government will sometimes...
Ep 92 ft. Mitu & Mark
12 Dec 2022
Contributed by Lukas
Ghana’s 2030 FUD Bond We learned a new term a few days ago: FUD. Apparently common in the crypto ...
Ep 91 ft. Sydney Maki
28 Nov 2022
Contributed by Lukas
A Truly Gnarly Year Times are pretty bad for emerging markets, what with a surging dollar, interes...
Ep 90 ft. Mitu & Mark
21 Nov 2022
Contributed by Lukas
Please Sir, May I Read the Contract? Sovereign bonds are sold after distribution of a sales documen...
Ep 89 ft. Mitu & Mark
14 Nov 2022
Contributed by Lukas
Pakistan’s Bizarro 2024 Bond Pakistan is in crisis and its bonds are in the toilet. One of its b...
Ep 88 ft. John Coyle
07 Nov 2022
Contributed by Lukas
Contracting for Home Field Advantage Virtually all international sovereign bonds include provision...
Ep 87 ft. Mitu & Mark
31 Oct 2022
Contributed by Lukas
Ukraine’s Dodgy Designations In its recent debt reprofiling, Ukraine asserted that it had the uni...
Ep 86 ft. Mitu & Mark
24 Oct 2022
Contributed by Lukas
Why Did the Dog Not Bark? (or Why Did the Creditors Consent So Readily?) Ukraine’s gave creditor...
Ep 85 ft. Chris Spink
17 Oct 2022
Contributed by Lukas
Making (Non?)Sense of the Russian CDS Auction CDS auctions intimidate us because there is so much t...
Ep 84 ft. Steven Tepper
10 Oct 2022
Contributed by Lukas
Diaspora Bonds Remittances are an important source of capital for many countries. Though remittanc...
Ep 83 ft. Nikou Asgari
03 Oct 2022
Contributed by Lukas
It’s a Mad, Mad World Pakistan’s debt repayment prospects were dicey even before the catastrop...
Ep 82 ft. Alexandra Scaggs
19 Sep 2022
Contributed by Lukas
Is the Bottom Falling Out of the EM Sovereign Debt Market? The dollar is rising in value; interest...
Ep 81 ft. Chelsey Dulaney
05 Sep 2022
Contributed by Lukas
The New, New Syndicated Lending In the 1970s and 1980s, most sovereign lending took the form of syn...
Ep 80 ft. Larry Neal
22 Aug 2022
Contributed by Lukas
The Louisiana Purchase and the Origins of the Sovereign Bond Market Most of us learn the story of ...
Ep 79 ft. Zach Carter
18 Jul 2022
Contributed by Lukas
What will the Price of Peace with Putin be? Reparations, war debts, post-war reconstruction, contro...
Ep 78 ft. Mitu & Mark
04 Jul 2022
Contributed by Lukas
Has There Really Been a Russian Default? The 30-day grace period recently expired on Russian bond p...
Ep 77 ft. Mitu & Mark
27 Jun 2022
Contributed by Lukas
What's With the Lawsuit Against Sri Lanka? Normally, holdouts keep a low profile until after a sove...
Ep 76 ft. Vladimir Werning
13 Jun 2022
Contributed by Lukas
Argentina’s Never-Ending GDP Warrant Saga Academics have long been fans of GDP indexed instrument...
Ep 75 ft. Paolo Manasse, Matilde Faralli & Ugo Panizza
23 May 2022
Contributed by Lukas
The Value of Building a Reputation for Repaying Debts: Overstated? A foundational question about s...
Ep 74 ft. Laurent Dubois
16 May 2022
Contributed by Lukas
Gunboats, Marines and Bonds: The Ugly US Occupation of Haiti 1915-34 The historical tie between de...
Ep 73 ft. Marlene Daut
09 May 2022
Contributed by Lukas
The Unprecedented and Odious Haitian Independence Debt Several prior episodes have explored aspec...
Ep 72 ft. Kevin Washburn
02 May 2022
Contributed by Lukas
Can Borrowing Costs for Tribes be Reduced? Tribal governments operate under borrowing restrictions...
Ep 71 ft. Mitu & Mark
25 Apr 2022
Contributed by Lukas
Sri Lanka, SriLankan Airlines, and... SriLankan Airlines used to be profitable, and one of us remem...
Ep 70 ft. Mitu & Mark
18 Apr 2022
Contributed by Lukas
How to Destroy the Collective Action Clause? Do the latest state-of-the-art version of CACs -- whic...
Ep 69 ft. David Jordan
11 Apr 2022
Contributed by Lukas
Why do tribal casinos pay so much to borrow? The study of lending markets often overlooks borrowin...
Ep 68 ft. Andres de la Cruz
04 Apr 2022
Contributed by Lukas
The Legal Weeds of Sri Lanka's International Bonds The Sri Lankan debt crisis has deepened to the p...
Ep 67 ft. Mitu & Mark
28 Mar 2022
Contributed by Lukas
Ukraine-Russia: Who Should Have Priority to Get at Frozen Russian Assets? Western governments have ...
Ep 66 ft. Deborah Zandstra
21 Mar 2022
Contributed by Lukas
Initiatives to Improve Sovereign Debt Markets Our guest is Deborah Zandstra of Clifford Chance, a ...
Ep 65 ft. Mitu & Mark
14 Mar 2022
Contributed by Lukas
Russia-Ukraine Emergency Podcast 2: Subversive Drafting or Goofs The Russian international sovereig...
Ep 64 ft. Mitu & Mark
07 Mar 2022
Contributed by Lukas
Is Russian Sovereign Debt Now Worthless? Sanctions imposed against the Russian Federation are denyi...
Ep 63 ft. Trang Nguyen
28 Feb 2022
Contributed by Lukas
Sri Lanka on the Brink? Trang Nguyen, Executive Direction and Emerging Markets strategist at JP Mor...
Ep 62 ft. Benjamin Parkin
21 Feb 2022
Contributed by Lukas
Is There a Plan for Dealing with the Sri Lankan Debt? Sri Lanka is fast running out of foreign exc...
Ep 61 ft. John Cochrane
14 Feb 2022
Contributed by Lukas
Should we worry about increasing global (and US) debt? We confess that we do worry. But we also hav...