Hedge funds lawyer up ahead of a Greek restructuring deal - combing the fine print of bond...

|By:, SA News Editor

Hedge funds lawyer up ahead of a Greek restructuring deal - combing the fine print of bond issues to try and get an edge. Bonds issued under English law (as opposed to Greek) are popular as they may be harder to impose a collective action clause in which all bondholders are forced to the same terms acceptable to a smaller group.