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	<title>Hedge Fund News From HedgeCo.Net &#187; loan covenants</title>
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		<title>Hedge funds &#8216;encourage bankruptcies&#8217; for profit</title>
		<link>http://www.hedgeco.net/news/01/2009/hedge-funds-encourage-bankruptcies-for-profit.html</link>
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		<pubDate>Thu, 15 Jan 2009 00:00:00 +0000</pubDate>
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				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[breaches]]></category>
		<category><![CDATA[business restructuring]]></category>
		<category><![CDATA[commercial advantage]]></category>
		<category><![CDATA[complexity]]></category>
		<category><![CDATA[distressed debt investors]]></category>
		<category><![CDATA[existence]]></category>
		<category><![CDATA[guardian]]></category>
		<category><![CDATA[insolvency process]]></category>
		<category><![CDATA[loan covenants]]></category>
		<category><![CDATA[tony lomas]]></category>
		<category><![CDATA[vulture funds]]></category>

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		<description><![CDATA[Guardian.co.uk &#8211; &#34;Parts of the current complexity arises from the existence of distressed debt investors who sometimes see commercial advantage from using an insolvency process to organise the sale of the viable part of a business to a solvent buyer leaving behind the least profitable parts,&#34; Tony Lomas, chairman of PwC Business Restructuring, said. Vulture [...]]]></description>
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