This paper investigates the role of external agents, known as vulture investors, in the governance and reorganization of a sample of 288 firms which default on

"What kinds of investors actually choose to make their living by seeking out troubled companies and becoming mired in the complexities and contentiousness of a

A detailed and compelling look at distressed securities investing in today’s market In the corporate world, “vulture” investors in distressed securities s

A senior editor at Institutional Investor presents vivid anecdotes of big-time investors, more than 75 candid and personal interviews with vulture investors who