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

See all articles by John Flood

John Flood

Griffith University - Griffith Centre for Social and Cultural Research; University College London; University of Westminster - School of Law; Centre for Blockchain Technologies

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 A., 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 - Griffith Centre for Social and Cultural Research ( email )

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Australia

University College London ( email )

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

University of Westminster - School of Law ( email )

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

Centre for Blockchain Technologies ( email )

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HOME PAGE: http://blockchain.cs.ucl.ac.uk/john-flood/

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