Tag Archives: unsecured-creditors


Alternative Investors Form Joint Venture to Expand Africa’s Telecommunications Infrastructure

December 9, 2008 : Permalink

West Palm Beach (HedgeCo.net) – Satellite communications company Intelsat is launching a joint venture with a South African alternative investor group led by Convergence Partners. The joint venture plans to finance, build and launch a new satellite, Intelsat New Dawn, featuring […]

More Bad News for Hedge Fund Appaloosa

October 10, 2008 : Permalink

New York (HedgeCo.Net) – Hedge Fund Appaloosa Management may have tried to turn their back on Delphi, but somehow they just can’t seem to get away.  Ensnarled in a nasty court battle with the Michigan auto parts supplier, the judge […]

CSX says hedge funds have no plan for the company

June 4, 2008 : Permalink

Reuters- U.S. railroad CSX Corp, locked in a proxy battle with two hedge funds, urged shareholders in a letter on Tuesday to vote against the activist investor group’s proposed slate of five directors, saying they had "no plan" for the […]

Hedge fund founder guilty in $150 mln fraud scheme

May 22, 2008 : Permalink

Reuters – A federal jury in Atlanta on Wednesday convicted former hedge fund manager Kirk Wright on charges of scamming investors, including former professional athletes, out of $150 million, the Justice Department said. Kirk was found guilty on charges of […]