The Emerging Markets Restructuring Journal: Issue No. 2, Fall 2016

December 14, 2016

Welcome to the second 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.

As markets continue to react to the U.S. presidential election, the Brexit vote in the UK and the surge in populist politics in Europe, these events suggest that we may have come to a turning point in the popular acceptance of globalization in the West. If the developed economies turn inwards, this will have repercussions in the emerging markets, as will the secondary effects of the U.S. elections, such as depreciating currencies and increasing interest rates, all of which will put pressure on emerging markets companies and sovereigns with international indebtedness.

As with the first edition, we hope you will find the articles in this issue of The Emerging Markets Restructuring Journal informative in their exploration of developing areas of law and the practical applications of new legal frameworks.

We encourage you to email Polina Lyadnova (, Adam Brenneman (, Sui-Jim Ho ( or our managing editor Denise Filauro ( with comments, questions and, of course, submissions for subsequent issues. You can also send any questions or suggestions to

Please see this issue’s full table of contents below, and click to download a PDF version of the journal. (The debut issue is available here.)