Haircut undone? The Greek drama and prospects for investment arbitration

As a result of the sovereign debt crisis that engulfed Europe in 2010, investors are much more likely to pursue dispute resolution options when faced with losses. This paper seeks to examine the position of investors who suffered losses in the Greek haircut of 2012 in the context of investment treaty arbitration. The paper evaluates arguments that investments in Greek sovereign bonds have been expropriated by the introduction of retrofit CACs and that compensation is payable as a result of the protections offered by BITs. The paper investigates whether sovereign bonds come within the definition of protected investment in BITs, assesses the degree to which CACs act as a jurisdictional bar to investor-state claims and attempts an evaluation of whether claims could be successful. The analysis uses as an illustration recent cases brought against Greece at ICSID. The paper concludes by considering whether the Greek haircut was expropriatory and reflects on the possible outcome of current arbitrations.

A general history of music from the infancy of the Greek drama to the present period /

Published by W. Reeves, London, whose name is lettered on binding.

The theatre of the Greeks : a treatise on the history and exhibition of the Greek drama, with a supplementary treatise on the language, metres, and prosody of the Greek dramatists /

Includes index.

The theatre of the Greeks, a treatise on the history and exhibition of the Greek drama,

Mode of access: Internet.

The Greek drama,

Mode of access: Internet.

The Greek drama,

Mode of access: Internet.

The Greek drama.

Bibliographical footnotes.

A guide to the reading of the Greek tragedians; being a series of articles on the Greek drama, Greek metres, and canons of criticism,

Mode of access: Internet.

The new comedy,

At head of title: University of St. Andrews. Gray prize essay.

The theatre of the Greeks, a series of papers relating to the history and criticism of the Greek drama.

The first 3 editions of this work appeared under the name of the original author, P.W. Buckham. cf. British Mus. General cat. of printed books.

Ausgewählte schriften des Lucian /

Contains bibliographical footnotes.