Bond, Philip (contributor); Eraslan, Hülya (contributor) - 2007 - This draft: October 15, 2007
, the asset is a controlling equity stake in a firm; or (as noted
above) a debt claim that needs restructuring.
2. The asset …
applications include the role of vulture investors in debt restructuring, and corporate
raiders. With regard to the former, it is … both parties are as given above. We discuss various interpretations below;
an immediate one is that the asset is a debt …