EMTA Seminar: Recent Developments in EM Debt Restructurings

Seminar | March.04.2025 | 11:30am - 1:30pm (Eastern Standard Time)

Orrick New York

EMTA’s esteemed panel will discuss the following issues, among others:

The Future of the Common Framework
Recent Restructurings (Suriname, Sri Lanka, Zambia, Ghana and Ukraine) and their New Instruments, Non-Financial Covenants and Evolution; Attempts to Include
Debt Incurrence Covenants
New IMF Lending into Official Arears Policy
Issue of Afrexim as Preferred Creditor
Composition of Creditor Committees – Fees and Potential Index-Eligibility Requirements

Panelists:

Thomas Laryea, Orrick – Moderator
Rafael Molina, ankura (formerly Newstate Partners)
AJ Mediratta, Greylock Capital Management
Ben Ramsey, J.P. Morgan Chase
Samy Muaddi, T. Rowe Price Associates
Ian Clark, White & Case

For further insights on sovereign debt restructuring, click here.

Attendance is complimentary for all buy-side clients of Orrick. If you are currently a buy-side client of the firm and would like to attend, please reach out to Jillian Redash.

This event is closed to the media and off-the-record.
Additional support provided by J.P. Morgan Chase and White & Case.

Contacts

Thomas Wyatt Laryea Counsel, Restructuring, Banking & Finance

Washington, D.C.

See my bio

D:+1 202 339 8416
E: tlaryea@orrick.com

Practice:

Finance Sector
Restructuring
Banking & Finance
Governmental Affairs
Antitrust & Competition
International Arbitration & Dispute Resolution
Africa
Funds

vCard

See full bio

Thomas Wyatt Laryea Counsel

Washington, D.C.

Thomas formerly served as Assistant General Counsel at the International Monetary Fund, where he was responsible for the IMF’s legal relations in finance and economic surveillance with each of its member countries. As the only senior IMF lawyer in private practice, he offers distinctive insights to asset managers, real money investors and hedge funds on sovereign debt and restructurings as well as large scale corporate restructurings and project financings. His practice bridges legal and strategic advice on the transactional, public policy and dispute resolution aspects of international finance and investment.

Thomas has advised on several recent high-profile sovereign debt restructurings, including representing the Argentina Creditor Committee on the restructuring of $65 billion of Argentina’s foreign currency bonds. He also recently represented the Steering Members of the Committee on Bondholders in the reprofiling of Belize’s bonds.

He is recognized as a key lawyer in the Restructuring (Including Bankruptcy): Municipal category of The Legal 500 US 2022 directory. A client remarked that he “provided invaluable advice on the IMF policies, individual personalities and missions which helped us to understand the sovereign’s priorities with the IMF” that “will then frame our negotiations with the sovereign.” “Thomas is highly respected in the sovereign restructuring space.”

Thomas is an active thought leader and has published numerous articles on sovereign debt and international finance.