(Bloomberg) For developing countries facing down creditors, Lee Buchheit was the cavalry. During his 43-year career at Cleary Gottlieb Steen & Hamilton LLP, the quick-witted restructuring lawyer gained a reputation for shattering investors’ dreams of sky-high returns.
Buchheit, 68, brought arcane legal terms such as collective action clauses and asset protection orders into modern debt markets.
Veteran Lawyer Says Emerging-Market Debt Is Headed for Trouble
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