Against this background, the vulture investor
attempts to make a profit by speculating in the distressed debt of a sovereign issuer.
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
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.
Mustering all his powers of rhetoric, Icahn called the move "unconscionable." Reaching still further, he termed it "reprehensible." In response, Perelman, who disdains conversing with workingclass journalists, nonetheless saw to it that an unnamed spokesman for an unnamed aide labeled Icahn's accusations "slightly disingenuous" and called Icahn a "vulture investor
Another website, the 'Wilbur Ross Resource Page', dubs Ross a "renowned vulture investor
" and a "bank eater."
You might have received a letter from a vulture investor
back in 1988, with a $.05 bid for your claim against LTV Corporation.
The dot-com may also have a vulture investor
that owns options that trigger negative covenants.
With the help of the country's elected government these 'vulture investors
' come to be in total control of this parasitic endeavour.
OffrBox.com was inspired to leverage their technology and network to help these flood victims after seeing vulture investors
target homeowners during this difficult time.
The situation is similar to vulture investors
who bought Argentina's discounted debt and tried to force repayment.
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.