The ALSFs support to countries in fragile situations is anchored by its Medium Term Strategy and will be focused on providing technical assistance aimed at strengthening legal expertise in areas such as vulture fund
19) The term vulture fund
is generally used to describe hedge funds whose strategy involves purchasing debt on the secondary market at deeply discounted rates, refusing restructuring deals, and then pursuing litigation to demand full repayment on the original value of the bond, with the possibility of massive profits.
With skills honed by working with noted vulture fund
manager Paul Singer, Brodsky is known for his unyielding approach, refusing to compromise or even negotiate,
The success of vulture fund
litigation depends largely on finding assets of defaulted nations that are outside the debtor's frontiers and subject to attachment.
The vulture fund
Aurelius Capital Management responded by publishing a notice in newspapers in Argentina and elsewhere warning that "the worst is yet to come for Argentina.
Listening to LeCompte's enthusiasm, which is matched by his mastery of the issues, with the vocal support of Francis, no one should bet against Jubilee USA, not even a vulture fund
But H&T faces competition from other potential bidders, including Albemarle's biggest shareholder EZ Corp, the US pawnbroking giant, as well as New York vulture fund
Apollo Global Management, according to The Sunday Times.
AN American vulture fund
is reportedly circling stricken HMV in a move that could see it become one of the retailer's biggest creditors.
Africa Political and Economic Strategic Center, What is a Vulture Fund
and Why Africa, http://www.
Before the deal could be finalized, a vulture fund
stepped in and bought the debt from Romania for less than 84 million.
There is a difference between being a vulture fund
and being what we call a "Florence Nightingale fund.
Locals were cautious over news of Ripplewood's interest in the park, apparently because of its image as a vulture fund