(This article appears courtesy of International Financial Law Review, sign up for a free trial on their site)
In the middle of 2006, European distressed debt investors were feeling as if they had won tickets to the World Cup, but when they turned up in Frankfurt, they were then turned away at the gates. With European default rates almost non-existent in 2005 (save for Concordia, the Swedish bus company) Germany had promised to be the place to be in 2006.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
