Law and Policy in International Business

Articles from Vol. 23, No. 1, Winter

A Practitioner's Guide to Debt for Equity Swaps: The Argentine Model
I. INTRODUCTION In October 1990 the New York Times reported that Argentina owed foreign lenders $67 billion.(1) This debt makes real growth in the Argentine economy virtually impossible. In 1988, interest payments alone on the outstanding...
Asia's Littlest Dragon: An Analysis of the Laos Foreign Investment Code and Decree
INTRODUCTION In the springs of 1988 the Lao Supreme People's Council passed the country's first Law on Foreign Investment (Code).(1) Galloping headlong into the Southeast Asian economic boom,(2) the Lao People's Revolutionary Party Congress...
Exchange Loss Damages and the Uniform Foreign-Money Claims Act: The Emperor Hasn't All His Clothes
I. INTRODUCTION Both the United Kingdom and the United States have recognized the need to change outmoded law governing judgments on claims denominated in foreign currencies. In 1976, the House of Lords abandoned 350 years of precedent and discarded...
The Next Step in Insider Trading Regulation: International Cooperative Efforts in the Global Securities Market
In the increasingly interdependent national securities markets, the regulation of insider trading activity has taken on increasing importance. Universal recognition of the illegality of such activity may one day lead to universal prohibition and enforcement...

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