Emerging Markets Restructuring Journal, Issue No. 3 Spring 2017
May 31, 2017
We are glad to share with you the third issue of The Emerging Markets Restructuring Journal, a publication that was founded by Cleary Gottlieb lawyers and features contributions from colleagues and advisors around the world, focusing on emerging markets restructuring law and practice.
The United Kingdom’s notification that it was leaving the European Union appears to have had little immediate impact on emerging markets debt with ties to Europe. The United States has barely had time to focus on external markets while its political classes are roiled by a scandal involving alleged Russian influence. Meanwhile, emerging markets seem more preoccupied with local, rather than global, crises. Throughout Latin America, a series of corruption scandals has extended beyond Brazil and touched issuers throughout the region. China’s credit rating was recently cut and put on negative outlook, raising questions as to a slowdown in Asian markets. In Eastern Europe and Russia, continued focus on the U.S. relationship with Russia, lack of anticipated sanctions easing oil and other commodity prices seems to be the talk of the day, coupled with a renewed focus on addressing long-standing impaired loan portfolios held by local banks.
The articles in the third issue explore the inward focus we’re seeing in many emerging markets.
Please see this issue’s full table of contents below, and click here to download a PDF version of the journal.
We encourage you to email Polina Lyadnova (firstname.lastname@example.org), Adam Brenneman (email@example.com), Sui-Jim Ho (firstname.lastname@example.org) or our managing editor Denise Filauro (email@example.com) with comments, questions and, of course, submissions for subsequent issues. You can also send any questions or suggestions to firstname.lastname@example.org.