Hedge fund brings arbitration against Peru over defaulted land bonds
Peru has accused a US hedge fund of engaging in “smear campaigns” after it brought a US$1.6 billion arbitration claim against the state seeking payment of defaulted bonds issued nearly 50 years ago by a former left-wing military dictatorship in exchange for expropriated farmland.
To read more
Subscribe to Global Restructuring Review
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.