On 6 November 2012 in a possibly momentous
verdict in the world of sovereign debt a New York court has ruled against
Argentina and found in favour of its hedge fund creditors, after a decade of
legal battles. Dr. Rodrigo Olivares-Caminal, a Reader in Banking and Finance at
the Centre for Commercial Law Studies at Queen Mary, University of London,
discusses the verdict with FT's capital markets correspondent Robin
Wigglesworth. (5m 5sec)