Bond holdout provisions ‘could be challenged as oppression'

Hedge fund activism - trends and predictions for 2015

moodys-shareholder-value
Collective action clauses could be 'oppression of minority'
What activism is taking place in debt markets?

Activism continues to be used as a tool – either defensive or offensive – by certain hedge funds where investments have been deployed in layers of the capital structure other than equity.

Active ‘loan to own' strategies continue to be used by those funds that have positioned themselves to take advantage of opportunities as they arise. Most funds look to turn around and trade positions at higher values but do not actively, nor are they set up to, man

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