The domestic
vulture investor focuses on the obligations of firms, while the internationally-focused vulture speculates in the debt of sovereign issuers.
Comparing the performances in post-bankruptcy to pre-bankruptcy levels, bankrupt firms with hedge fund involvement tend to be in better shape than those without any
vulture investor involvement.
In theory, anyone can become a
vulture investor, including private investors.
The ratio of direct costs to assets for traditional Chapter 11 is lower for larger and less solvent firms, if a
vulture investor holds a 5% or larger stake in the reorganized firm, and if the firm is an HLT.
You might have received a letter from a
vulture investor back in 1988, with a $.
The dot-com may also have a
vulture investor that owns options that trigger negative covenants.
com was inspired to leverage their technology and network to help these flood victims after seeing
vulture investors target homeowners during this difficult time.
But so-called
vulture investors saw an opportunity to make even larger profits.
One source said MLB is holding up trading in the loans because of concerns that
vulture investors will snap up the debt and force the team into bankruptcy -- just like they did last year to the Texas Rangers.
Istithmar had been planning to convert the site's 300,000-square-foot office building back into a high-end hotel, and now that Dubai is out of the picture,
vulture investors are reportedly chomping at the bit to take the helm at a steep discount.
They see the
vulture investors as recklessly wiping out the workers' pension plans, all the while knowing that the PBGC will bail them out and raise premiums on companies playing by the rules to make up the difference.
major market crashes leaving tasty corporate road kill for
vulture investors .
