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Tort Law and Sovereign Debt Dynamics
This chapter explores the intricacies of tort law, particularly concerning the awarding of punitive damages for intentional torts, and analyzes the legal nuances of Sri Lanka's restructuring plans for bondholders. The discussion dissects the implications of certain legal clauses that may impose liabilities on non-participants and examines tortious interference in the context of creditor actions. Through various examples, the chapter highlights the legal risks, motivations behind creditor agreements, and the potential repercussions of contractual enforcement.