On 18 September 2024, the Institute for Law and Finance (ILF), together with the European Central Bank, was pleased and honored to welcome the former General Counsel of the International Monetary Fund (IMF), Prof. Sean Hagan of Georgetown University, to deliver a guest lecture on the topic "Accelerating the Sovereign Debt Restructuring Process".
Prof. Dr. Andreas Cahn, Executive Director of the ILF, welcomed our guest speaker and participants followed by the lecture of Prof. Hagan. Subsequently, a Q&A session was held where participants could share their views and questions on Sovereign Debt Restructuring as well as engage in discussions with the speaker.
Prof. Hagan was the IMF’s General Counsel for fourteen years (2004-2018). In this capacity, Prof. Hagan advised the IMF’s management, Executive Board and membership on all legal aspects of the IMF’s operations, including its regulatory, advisory and lending functions. He also led a number of policy initiatives, including, most recently, the reform of the IMF’s anti-corruption policy. Prof. Hagan has published extensively on both the law of the IMF and a broad range of issues relating to the prevention and resolution of financial crisis, with a particular emphasis on insolvency and the restructuring of debt, including sovereign debt.
