The Reorg Primary View: Value Recovery Instruments in Sovereign Debt Restructurings

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Lee Buchheit, a former partner at Cleary Gottlieb and a veteran of sovereign debt restructuring, discusses the history and future of value recovery instruments. During his 43-year career at Cleary Gottlieb, Buchheit advised governments in many of the biggest sovereign restructurings, including Iraq, Argentina and Greece. #restructuring #distresseddebt #desbtrestructuring