Max Planck Lecture Series
on Sovereign Debt

Wednesday, 9 November 2016, 16:00

“Investment Arbitration as a means of Resolving Sovereign Debt Dispute”

In the absence of formal mechanism for sovereign debt restructuring, sovereign creditors are increasingly turning to investment arbitration to resolve sovereign debt disputes. Whether investment arbitration is an appropriate forum to resolve sovereign debt disputes will, inter alia, be addressed. The lecture will also explore the overall role of investment arbitration in sovereign debt crises.

Dr. Michael Waibel (Cambridge University)

Dr. Michael Waibel

Dr. Michael Waibel is University Senior Lecturer and Deputy Director of the Lauterpacht Centre for International Law and Fellow of Jesus College, Cambridge. His main research interests are public international law and international economic law with a particular focus on finance and the settlement of international disputes. He teaches international and EU law.

In 2008, the American Society for International Law awarded him the Deak prize for his AJIL article ‘Opening Pandora’s Box: Sovereign Bonds in International Arbitration’. The European Society of International Law awarded him its 2012 book prize for his book Sovereign Defaults before International Courts and Tribunals (Cambridge University Press, 2011). In 2014, he obtained a Leverhulme Prize which recognises “the achievement of early career researchers whose work has already attracted international recognition and whose future career is exceptionally promising”.

Prof. Rodrigo Olivares-Caminal (Queen Mary University of London)

Rodrigo Olivares-Caminal is a Professor in Banking and Finance Law at the Centre for Commercial Law Studies (CCLS) at Queen Mary University of London. Prior to joining CCLS he was a Senior Lecturer in Financial Law and the Academic Director at the Centre for Financial and Management Studies (SOAS), University of London and the School of Law, University of Warwick. He taught in undergraduate and postgraduate courses in various Schools of Law and Business Schools in the United Kingdom, Spain, Greece, France and Argentina as well as in professional training courses in Africa, Asia and Europe. He has acted as a Sovereign Debt Expert for the United Nations Conference on Trade and Development (UNCTAD), Senior Insolvency Expert for the World Bank / IFC and as a consultant to several multilateral institutions in Washington DC and Europe, Central Banks and Sovereign States as well as in several international transactions with Law Firms. He specialises in international finance and insolvency law. He is the author/editor of seven books and has extensively published in peer-reviewed journals. He sits in the editorial/advisory board of several law journals in the UK and US and is a member of national and international institutions and associations specialised in comparative commercial and insolvency law.

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Max Planck Institute Luxembourg
Conference room, 4th floor
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L-2721 Luxembourg

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