id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
cblr-1722	Wozny, Lucas	National Anti-Vulture Funds Legislation: Belgium's Turn	2017	51	.pdf	application/pdf	15982	706	47	Following the common parlance and to avoid confusion, the term “vulture fund” as used in this Note will refer exclusively to sovereign distressed debt funds and “vulture fund investments” will refer to investments in sovereign distressed debt here on out. While this law has received high praise from the United Nations and from other nations also considering passing similar legislation, a careful analysis demonstrates it is not sensitive to the benefits that vulture funds bring, such as providing incentives to sovereigns to form more efficient capital structures, providing a moral hazard counterbalance, serving as liquidity- providers on the secondary distressed-debt market, and providing information to the market.	cache/cblr-1722.pdf	txt/cblr-1722.txt