#Latest news with #vultureFundsBloomberg2 days agoPoliticsBloombergNY Lawmakers Near Deadline to Pass Bill Targeting Emerging Market ‘Vulture Funds'New York state lawmakers are within days of a deadline to pass legislation targeting so-called vulture funds that has languished in the local legislature for the past two years. The state Assembly is expected to make a decision on the so-called Champerty bill before adjourning next Tuesday. If it doesn't pass by then, supporters will have to wait until January for the debate to resume.
Bloomberg2 days agoPoliticsBloombergNY Lawmakers Near Deadline to Pass Bill Targeting Emerging Market ‘Vulture Funds'New York state lawmakers are within days of a deadline to pass legislation targeting so-called vulture funds that has languished in the local legislature for the past two years. The state Assembly is expected to make a decision on the so-called Champerty bill before adjourning next Tuesday. If it doesn't pass by then, supporters will have to wait until January for the debate to resume.