{"id":22937,"date":"2011-06-09T08:19:24","date_gmt":"2011-06-09T12:19:24","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=22937"},"modified":"2011-06-09T08:19:24","modified_gmt":"2011-06-09T12:19:24","slug":"u-s-hedge-funds-to-fight-bank-of-ireland-restructuring","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2011\/u-s-hedge-funds-to-fight-bank-of-ireland-restructuring.html","title":{"rendered":"U.S. Hedge Funds to Fight Bank of Ireland Restructuring"},"content":{"rendered":"<p>WSJ &#8211; A group of U.S. hedge funds with large stakes in Bank of Ireland PLC&#8217;s subordinated debt is preparing to fight the government&#8217;s proposed restructuring of \u20ac2.6 billion ($3.82 billion) in junior bonds.<\/p>\n<p>The funds have hired Thomas Lauria, the head of White &amp; Case LLP&#8217;s restructuring practice and a veteran at bondholder activism, to represent them.\u00a0The group claims to control almost a third of the bonds, also called Tier 2 securities, Mr. Lauria said. Members of the committee include Appaloosa Management LP, Marathon Asset Management LP, QVT Financial LP and V\u00e4rde Partners Inc.<\/p>\n<p><strong><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052702304392704576373391776187106.html?mod=googlenews_wsj\" target=\"_blank\">Read Complete Article <\/a> <\/strong>(subscription required)<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; A group of U.S. hedge funds with large stakes in Bank of Ireland PLC&#8217;s subordinated debt is preparing to fight the government&#8217;s proposed restructuring of \u20ac2.6 billion ($3.82 billion) in junior bonds. The funds have hired Thomas Lauria, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-22937","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=22937"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22937\/revisions"}],"predecessor-version":[{"id":22938,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22937\/revisions\/22938"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=22937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=22937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=22937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}