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"NML v. Argentina: Measuring the Strength of Contract Against Sovereign Immunity"

An article by Jérôme Sgard
  • Actualité Sciences PoActualité Sciences Po

This paper by Jérome Sgard was published in the edited volume, Global Private International Law: Adjudication without frontiers, edited by MUIR WATT Horatia, BÍZIKOVÁ Lucia, BRANDÃO DE OLIVEIRA Agatha, FERNANDEZ ARROYO Diego.


This chapter reviews the principal stages of the resolution of Argentina’s default, as well as the immediate conclusions one may draw from this episode. It then compares the rules for debt restructuring that found their full expression on that occasion to the core principles that back up two somewhat similar experiences: one is the generic the bankruptcy rule as developed historically at the national level, the other is the practice adopted by the IMF during the debt crisis of the 1980s. These two comparisons highlight the scope of the evolutions observed in this field since 1990, but also the unbalanced (and thus unstable) nature of the current non-regime.

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EISS 2019

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  • European Initiative on Security StudiesEuropean Initiative on Security Studies

What is the EISS ?

The European Initiative on Security Studies is a Europe-wide multidisciplinary network of scholars that share the goal of consolidating security studies in Europe. Specifically, the aims of the EISS are two-fold:

Creating a network - To develop and sustain a Europe-wide network in the field of security studies. This gives visibility to the range of individual and collective research projects that are currently underway in Europe.

Creating a plateform - To establish a forum for the exchange of ideas in order to foster new joint research projects and develop international research partnerships.

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Solidarity with Fariba Adelkhah

  • Fariba Adelkhah - CERI Sciences PoFariba Adelkhah - CERI Sciences Po
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State-Surveillance-Democracy in a Digital Age

Conference 18-19 September 2019
  • Actualité Sciences PoActualité Sciences Po
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