DLA Piper brings vulture fund down to earth with Zambian debt reduction
DLA Piper has scored a substantial reduction in the damages a so-called vulture fund was seeking to retrieve from the Zambian government. Mr Justice Smith ruled in the High Court (24 April) that the claim should be limited to $15.5m (£7.73m), as opposed to the $55m (£27.44m) sought by the vulture fund. US company Donegal […]