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Default: The Landmark Court Battle over Argentina's $100 Billion Debt Restructuring PB_Gift_Guide Now fans of It’s aThe dramatic inside story of the most important case in the history of sovereign debt lawArgentina's 2001 default on $100 billion in bonds and the messy litigation that followed has had an outsized impact on sovereign debt markets, sovereign debt law, and the International Monetary Fund's policies. This is the sovereign debt case study that scholars, legal practitioners, investors, and overindebted countries must understandand Default provides the