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vulture funds

March 14, 2020

Lebanon's decision to restructure debt welcomed

A human rights approach to finance is crucial to address the legitimate demands that Lebanese people have expressed in the streets, says a UN Independent Expert on foreign debt and human rights.
May 16, 2019

UK must act to stop spiralling debt of world’s poorest countries, says new Christian Aid report

Almost half of international loans are owed under English law for which the UK parliament has responsibility.
June 28, 2014

Risk of new Argentinian debt default after vulture fund verdict

The United States Supreme Court has decided not to hear Argentina’s appeal against a $1.3 billion award to two US-based vulture funds.
August 24, 2013

UK campaigners condemn 'vulture capital' court verdict

UK campaigners have slammed a US court decision which they say allows Argentina to be ‘held to ransom’ by vulture funds.
May 25, 2012

Vulture fund in court to squeeze millions from Congo

One of the world's most controversial 'vulture funds' will be in London on Monday to attempt to claim $100m from the Democratic Republic of the Congo (DRC).
February 1, 2012

Jersey set to crack down on vulture funds

Jersey Chief Minister Ian Gorst is proposing legislation to limit vulture funds profiteering on debt claims from some of the world’s poorest countries.
January 17, 2012

Vulture funds set to profit from Greek misery

As EU negotiations recommence in Greece, debt campaigners have condemned speculators for 'gambling with the lives of Greece's people'
November 19, 2011

Call on vulture fund to drop illegal Congo debt demands

The Jubilee Debt Campaign has called on vulture fund FG Hemisphere to drop its multimillion debt claim against the Democratic Republic of Congo.
November 18, 2010

Democratic Republic of Congo gets $7.4 billion of debt cancelled

Rich countries meeting in the Paris Club group of creditors have expressed concern at the continuing activities of so-called 'vulture funds'.
November 4, 2010

Vulture Fund dodges UK debt relief law in Jersey court

Campaigners have today condemned a $100 million judgement in favour of US vulture fund FG Hemisphere made in a Jersey court.