Investors threaten Lyon football club owner John Textor with legal action
Group including hedge fund billionaire Jamie Dinan demand $93mn after French club was demoted this week
Related reading
Hedge funds circle distressed French private equity-owned companies
Economic weakness, high debt burdens and law change have made businesses more attractive targets
Looming listings put ailing European IPO market to test
Bankers and lawyers cautiously optimistic that investor confidence is returning
Crispin Odey and the £79mn libel battle that wasn’t
A legal fight revealed the disgraced financier’s thinking — and fresh allegations of misconduct
Private equity backers refuse to roll over investments as returns dwindle
Data from investment bank Houlihan Lokey shows 92% opting to cash out
Why French leveraged buyouts are caving in like camembert
Debt restructurings feel more like a biennial standing appointment rather than a one and done
Football investors face gruelling second half
Firms that got in early enough made some quick gains, new arrivals will need to play for longer