Mitu Gulati
University of Virginia School of Law
Mitu is on the faculty of the University of Virginia. His current research is focused on the search for contractual landmines. He co-hosts the podcast “Clauses and Controversies” with Mark Weidemaier.
More on the Validity of the PDVSA 2020 Bonds
Governments with no realistic prospect of paying their debts often gamble for redemption, trying desperately to avoid default. Political leaders, with good reason, fear that a debt default will get them thrown out of office. But in trying to hold power, sometimes by borrowing even more, they often make matters worse for the country and…
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