There is a lot of money
in vulture funds relative to the opportunities at present.
Not exact matches
«The G - 8 governments claim to support calls for responsible behavior by lenders like
vulture funds,» Lidy Nacpil of Jubilee South said
in a statement.
According to Griesa (uniquely), this means that if any creditor or
vulture fund refuses to participate
in a debt writedown, no such agreement can be reached and the sovereign government can not pay any bondholders anywhere
in the world, regardless of what foreign jurisdiction the bonds were issued under.
A banner shows a
vulture, symbolizing a U.S. hedge
fund, carrying a bag of money
in front of the U.S. flag outside Congress
in Buenos Aires, Argentina.
Andy Stone, chairman of Petra, a «
vulture investor» whom Crain's calls «one of the godfathers of the commercial mortgage - backed securities market,» suffered massive failures
in 2010 when his
funds went bankrupt.
Speaking a day after he returned from Puerto Rico, de Blasio blasted «
vulture hedge
funders» who he said were part of the reason the embattled island was
in such dire financial straights.
It was hilarious because,
in the very same article, the Post mentioned all the other folks,
vulture hedge
funders, NYC real estate vampires and the pro-charter school people were spending enormous amounts of cash to better steal all our democracies.
Paul Singer, the billionaire founder of Elliot Management — a
vulture fund that mainly gets rich by scooping up the debt of countries
in distress at a discount and bullying them into paying full value — also dumped $ 500,000 into New York Wins PAC, according to federal election filings.
She castigated hedge
fund «
vultures» for,
in her view, worsening Puerto Rico's condition and «feeding off of the misery of the island and of the people».
Nothing is a done deal just yet, and though
funding is tentatively
in place for the $ 12 million project along with a looming spring start date, with no director officially on board, it's conceivable that this untitled project, based on a Dave Eggers idea (but not written by him as
Vulture reported) could fall apart.
A major downturn
in the economy can force young companies into failure - or into the talons of a
vulture fund that takes it private.
The other lack of clarity's around taxation — we'll be hearing more about evil «
vulture «
funds & potential changes
in taxation of carried interest.
It appears to me that the
vultures (read shorts) are out there circling, under the belief that Fairholme may have to dump some of its stake if redemptions
in the
fund increase.
The suit was brought by a so - called «
vulture fund» investment company — FG Hemisphere Associates — against the DRC for failure to pay an arbitration award the company won for its involvement
in financing of a power facility
in the territory.
-- Kensington International Limited v Montrow International Limited (2008): instructed
in relation to the challenge
in the High Court of the British Virgin Islands and the Court of Appeal of the Eastern Caribbean Supreme Court of the status of a so - called «
vulture fund» as creditor of a company alleged to be the alter ego of the Republic of Congo.
The increasing presence of «the State» (
in the broad sense)
in general economic life has led to a need for renewed statutory and judiciary response to issues as diverse as
vulture funds litigation involving sovereign debt, enforcement of arbitral proceedings against States (and similar entities),...
«Even though buyers overpaid for properties, loans aren't
in default yet because today's net operating income still covers a 5 % interest - only mortgage,» says Clemente, whose firm has launched a $ 1 billion
vulture fund to acquire distressed properties.
«I have had a private equity firm already talk to me about how to develop an investment strategy as a
vulture fund for apartments to be implemented
in the next two years,» he says.