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Expert Analysis

Why Investors May Pursue Int'l Arbitration On Russian Default

By Tom Sprange, Isabel Fernandez de la Cuesta and Rikki Stern (July 12, 2022, 3:20 PM EDT) -- On June 27, Russia defaulted on two series of foreign-currency sovereign debt — a U.S. dollar denominated bond due to mature in 2026 and a euro denominated bond due to mature in 2036 — when it failed to remedy missed $100 million interest payments for these bonds within the 30-day grace period....

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