When US-style bondholder activism hit Europe, US firms were first off the block. But, says James Baxter, at least some of their UK rivals are now seeking a piece of the action
January 21, 2004 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Another year, another corporate collapse. And it is not just multi-billion dollar law suits piling up against scandal-hit Italian food group Parmalat.
When companies go belly-up these days it is the various international groups of bondholders that are normally first to mobilise.
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