Skip to main content
School of Law

Russia slides towards default as payment deadline expires

Professor Rodrigo Olivares-Caminal was featured in the media discusses Russia getting closer to default.

The Red Square in Moscow with tourists walking around

Russia edged closer to default on Sunday amid little sign that investors holding its international bonds had received payment, heralding what would be the nation's first default in decades. Rodrigo Olivares-Caminal, Chair in Banking and Finance Law at Queen Mary, said: "All these issues are subject to interpretation by a court of law, but Russia has not waived any of its sovereign immunity and has not submitted to the jurisdiction of any court in any of the two prospectuses."

Professor Olivares-Caminal was featured in the Daily Mail, MSN.

More information:

Professor Rodrigo Olivares-Caminal is Co-Director of Queen Mary's Institute for Global Law, Economics and Finance.



Back to top