Why Sovereign Debt Speculation Should Be Regulated in the United States
Reynolds Holding
APRIL 28, 2024
In a recent article, I argue for U.S. A bill introduced in the New York State Legislature last legislative session could have significantly reduced speculation by modifying the champerty rule but was also not passed. [4] 5] Thus, in cases brought by vulture funds, states lose the immunity privilege associated with sovereign debt.
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