A précis on Iraq's debts -- The legal theory of "odious debt" -- The development and background of Security Council Resolution 1859 and 1905 -- The development and background of the Iraqi measures permitting departure from earlier oil and gas contractual commitments -- The concepts of "finality," "related to," and assorted matters: Article 54 of the KRG oil and gas law (no. 22), and Article 141 of the Iraqi Constitution -- Old oil and gas contracts and those of more recent vintage : Iraqi constitutional protections of contract rights and their significance on legal claims -- Oil and gas assets affected by the prosecution of legal claims aimed at recovering on debts owed by Iraq -- Issues associated with prosecuting a claim in the United States, with a glimpse at other jurisdictions : the impact of national law -- Recognition and enforcement of determinative actions affecting Iraqi oil and gas assets -- Lessons learned from the Iraqi experience transferable to other instances of debt owed by resource-rich nations