The Vultures Fly East: The Creation and Globalisation of the Distressed Debt Market

ADAPTING LEGAL CULTURES, D. Nelken, ed., pp 257-278, Oxford: Hart, 2001

22 Pages Posted: 6 Dec 2006  

John Flood

Griffith University Law School; University of Westminster School of Law; University College London

Abstract

Corporate insolvency and bankruptcy have given rise to new markets, including global ones, in which lawyers have been key players. This paper examines the role of lawyers in informal restructuring through an analysis of the London Approach and the rise of the distressed debt market.

Keywords: bankruptcy, insolvency, law firms, lawyers, globalization, london approach, distressed debt, vulture funds

JEL Classification: J44, K33, L14

Suggested Citation

Flood, John, The Vultures Fly East: The Creation and Globalisation of the Distressed Debt Market. ADAPTING LEGAL CULTURES, D. Nelken, ed., pp 257-278, Oxford: Hart, 2001. Available at SSRN: https://ssrn.com/abstract=949581

John A. Flood (Contact Author)

Griffith University Law School ( email )

Nathan Campus
170 Kessels Road
Nathan 4111, Queensland
Australia

HOME PAGE: http://https://experts.griffith.edu.au/academic/j.flood

University of Westminster School of Law ( email )

4 Little Titchfield Street
London, England W1W 7UW
United Kingdom

HOME PAGE: http://www.westminster.ac.uk

University College London ( email )

Faculty of Laws
Endsleigh Gardens
London, England WC1H 0EG
United Kingdom

HOME PAGE: http://www.laws.ucl.ac.uk/people-at-ucl-laws/honorary-appointments/

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