Distressed specialists return with litigation fund venture

By Laura Jones

Two distressed debt specialist have founded a new venture in litigation

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TAGS: High yield bonds People Leveraged loans

Comment by: Anonymous. Posted 14 years ago [2009-05-21 14:00:26]

For this kind of fund to be successful, you need ex syndicates who know who had bought what in the old days and then approach the investors to start litigation against the arranger or manager. It depends on whether these ex syndicates are happy to act against their old employers ...