The ultimate sovereign debt showdown: Russia & Ukraine likely to battle it out in court!
Journal: London School of Economics and Political Science Research Online (London School of Economics and Political Science)
Year: 2015

Against the backdrop of acute political instability, civil war, the loss of Crimea, and a debilitating state of public finances, Ukraine remarkably secured a debt restructuring deal with its international bondholders on 27th August 2015, potentially augmenting its case for a $40bn bailout from the International Monetary Fund.