Financial TImes, William Wallis and Michael Peel
The Africa Legal Support facility will provide funding and advice so that African governments are not at a disadvantage for lack of top level legal representation when subject to predatory debt claims. So-called vulture funds have provoked growing international criticism by launching lawsuits – many of them in courts in the US and Britain – to force repayment of poor country debt they have bought at heavily discounted prices on world markets.
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