Steven Schwarcz
Steven Schwarcz

The Centre for International Governance Innovation’s leading legal expert on sovereign debt restructuring, Steven L. Schwarcz, has earned three international honours relating to his research.

Schwarcz, who is also the Stanley A. Star Professor of Law & Business at Duke University, has been awarded the University of Edinburgh Law School’s prestigious MacCormick Fellowship as well as a Distinguished Visiting Professorship with the University College London (UCL) Law Faculty, for the fall semester.

In addition, the United Nations Commission on International Trade Law (UNCITRAL) recently selected two paper proposals by Schwarcz for its upcoming 50th anniversary Congress. UNCITRAL, the core legal body of the United Nations for international law on trade, business, and finance, will include papers by Schwarcz on a model-law approach to sovereign debt restructuring and on corporate governance and systemic risk. Schwarcz has also been asked to formally present the first paper at the Congress.

Both papers explore topics that relate directly to innovative and forward-looking research done by Schwarcz in his capacity as a CIGI Senior Fellow. Read more about Schwarcz’s policy recommendations in his policy brief about a model-law approach to restructuring unsustainable sovereign debt and his new policy brief, “Controlling Systemic Risk Through Corporate Governance”.

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