1. SOVEREIGN IMMUNITY AND SOVEREIGN DEBT.
- Author
-
Weidemaier, W. Mark C.
- Subjects
GOVERNMENT liability (International law) ,LAW enforcement ,GOVERNMENT liability ,PUBLIC debts ,EUROPEAN Sovereign Debt Crisis, 2009-2018 ,ABSOLUTE immunity (Law) - Abstract
The article discusses the law of foreign sovereign immunity in the U.S. and analyzes the role of legal enforcement in the sovereign debt markets. It reflects on the abandoning of the doctrine of absolute immunity by the U.S. and examines court cases by private claimants against foreign governments. It explains the effect of debt litigation on ongoing sovereign debt crisis in the Eurozone.
- Published
- 2014