Odious Debts

Scholars convene at top US law school for first-ever conference on odious debt law and economics

Odious Debts Online

January 24, 2007
International experts gather for a conference on odious debts.

Join 25 leading international scholars and practitioners this Friday in a series of discussions that look at the most current issues and leading perspectives regarding odious debt. A live webcast will be accessible on the day.


Don’t miss this rare event: a one day scholarly discussion [PDF] and critical analysis of odious debt will be held this Friday, January 26, at the Duke Law School in Durham, North Carolina. For those of you who can’t attend in person, an interactive webcast will be available for access on the day. Note: The webcast is free to West LegalEdcenter subscribers, otherwise access is pay per view. To view the discussions and ask questions of the panelists in real-time, be sure to consult the following:

Panel 1 webcast: Odious Debt as a Doctrine of International Law, its Institutional Context, and the Sovereign-Populace Relationship, beginning 9 a.m. EST;

Panel 2 webcast: The Economics of Odious Debt and the Problem of Despotic Leaders and State Corruption, beginning 1 p.m. EST.


Hosted by the journal of Law & Contemporary Problems, in conjunction with the Center for International and Comparative Law, the Global Capital Markets Center and Duke Law School, the Odious Debts and State Corruption symposium will feature a series of interactive roundtable discussions involving 25 leading international scholars and practitioners. Symposium panelists will offer approaches to both defining and resolving the problem of odious debts and state corruption and will include perspectives informed by expertise in international law, economics, human rights and U.S. domestic law (which is increasingly used to scrutinize the contractual liabilities of debtor countries).

Professor Daniel Tarullo of Georgetown University Law Center, who served as a senior domestic and international economic policy advisor to President Clinton, and Lee Buchheit, a sovereign debt specialist with Cleary Gottlieb in New York, who currently represents the government of Iraq in its debt restructuring, will serve both as moderators and speakers.

Lee Buchheit is a co-author of “The Dilemma of Odious Debts,” an exciting new legal paper by Buchheit, G. Mitu Gulati and Robert B. Thompson, that investigates how far principles of private (domestic) law could be used to shield a successor government from the legal enforcement of a debt incurred by a prior regime under irregular circumstances.

“The Dilemma of Odious Debts,” published by the Duke Law Journal, is currently listed on the Social Science Research Network (SSRN) abstract database.
A full-text version is also available here.



The line-up of featured panels includes:

Odious Debt as a Doctrine of International Law, Its Institutional
Context, and the Sovereign-Populace Relationship
Panelists:
Tai-Heng Cheng, James Feiderman, Kim Fielding,
Anna Gelpern, Shari Spiegel
10:45 a.m. – 12:00 noon

The Economics of Odious Debt and the Problem of Despotic
Leaders and State Corruption
Panelists:
Patrick Bolton, Albert Choi, Mechele Dickerson,
Caroline Gentile, Kunibert Raffer, David Skeel, Tom Ulen
1:15 p.m. – 2:30 p.m.

Private Domestic Law Analogies & Solutions
Panelists:
Deborah DeMott, Adam Feibelman, Melissa Jacoby,
Bob Rasmussen, Chantal Thomas, Robert Thompson
2:45 p.m. – 4:00 p.m.

Policing State Corruption and the Relevance of
Transnational Justice Issues
Panelists:
Larry Backer, Paul Carrington, Adrienne Davis,
David Gray, Jeffrey Meyer, Christiana Ochoa, Anita Ramasastry


A forthcoming double-issue of Law & Contemporary Problems, Vol. 70, Issues 3 & 4, will publish articles by speakers at this symposium (including the paper, “The Dilemma of Odious Debts,” by Lee Buchheit, G. Mitu Gulati and Robert B. Thompson). Some panelists will also be posting papers to the Social Science Research Network (SSRN) abstract database.


Odious Debts and State Corruption Conference
Friday, January 26, 2007 • 9:00 a.m. – 4:00 p.m.
Duke Law School ∙ Corner of Towerview Road and Science Drive ∙ Room 3041
Featured Panels
Moderated by Daniel Tarullo & Lee Buchheit
9:00 a.m. – 10:30 a.m.


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