Tuesday, September 28, 2010
27 September 2010 | By James SwiftIn investment circles they are known as distressed debt funds or specialist situation funds - to everyone else they are vulture funds.Such vehicles buy up sovereign debt at bargain rates and then sue the debtor for the full amount plus interest charges and legal fees.In 2007, in one of the most high-profile vulture fund cases, British Virgin Islands fund Donegal
Labels: Africa
Subscribe to:
Post Comments (Atom)
Search
0 comments:
Post a Comment