UK urged to protect Ukraine from legal action over private debt default

UK urged to protect Ukraine from legal action over private debt default

Ukraine, Debt relief, Europe, World news, Private equity, Business, UK news, Bonds Business | The Guardian

​Kyiv shouldn’t have to fight ‘shameless bondholders’ as repayment deadline nears, say campaignersCampaigners are urging Britain’s new Labour government to prevent Ukraine being sued in the UK courts if the country defaults on its debts to private creditors.Debt Justice said a two-year suspension of Ukraine’s debt payments was scheduled to expire on 1 August, and that action was needed to protect Kyiv from the possibility of legal action from its creditors. Continue reading… 

Kyiv shouldn’t have to fight ‘shameless bondholders’ as repayment deadline nears, say campaigners

Campaigners are urging Britain’s new Labour government to prevent Ukraine being sued in the UK courts if the country defaults on its debts to private creditors.

Debt Justice said a two-year suspension of Ukraine’s debt payments was scheduled to expire on 1 August, and that action was needed to protect Kyiv from the possibility of legal action from its creditors.

Continue reading… 

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