Campaign Latest

There has been an incredible response to our End the Vulture Culture campaign. From Glastonbury to US Congress see how the word has spread.

URGENT ACTION: Support the Vultures Funds Bill
January 2010
Andrew Gwynne MP's Private Members Bill to tackle vulture funds has its second reading in Parliament on the 26th February. Take action to ensure your MP supports it.  

NEW: Vultures gather over Argentina
January 2010
US courts have ruled in favour of vulture funds in a dispute over defaulted debts dating back to 2002

UN expert urges action against vultures
December 2009
UN expert on foreign debt regrets British court order that Liberia must pay 1978 debt to 'vulture funds'

Andrew Gwynne MP to sponsor vultures bill
December 2009
Good news: Labour MP Andrew Gwynne, number three on the Private Members' Ballot, has agreed to sponsor a bill targeting Vulture Funds.

Vultures Swoop on Liberia in London Court
November 2009
Two vulture funds have been awarded $20 million from Liberia in the High Court in London today, for a debt dating back to the 1970s.

The business case for prohibiting vultures in UK courts
October 2009
This new briefing considers why vulture funds are a problem for business, what legislation is being proposed in the UK, and what impact it would have, if any, on the secondary debt market. Download >>

Responding to your MP
September 2009
Thousands of people have written to their MPs about vultures funds, and over 180 MPs have signed EDM 1440. Here we give suggested responses to some common claims made by MPs in response to our campaign. Read more >>

Vulture funds: Where are they operating now?
September 2009
This set of case studies looks at current vulture fund claims being made against Nicaragua, Honduras, Uganda, Ethiopia, Sudan and Cameroon. Read more >>

Campaign breakthrough: Vultures law proposed
July 2009
The UK Government has today announced a consultation on a new law that would prevent lenders from profiting from the debts of developing countries. More >>

Glastonbury
June 2009
Sunshine, fresh air and good music not a good mix for Vultures as festival goers give a massive boost to the Vulture Culture Campaign More >>

Press on Vultures
'MPs act to keep the vultures at bay' More >>
'The vulture fund culture must end' More >>
'US bill would outlaw vulture funds' More >> 

Vulture Funds UK Action
May 2009        
Sally Keeble MP led a group of 12 cross-party MPs proposing legislation in Parliament to stop vulture funds profiteering from poor country debt. More >>

Vulture Act introduced into US Congress
Representative Maxine Waters introduced the Stop VULTURE Funds Act, a bill into Congress that would prevent vulture funds from making this excessive profit at the expense of poor countries. More >>

Keep an eye of where the vultures are circling
The map from Africa Action's website illustrates the commercial creditor lawsuits against countries receiving the Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI) Assistance (As of the end of 2007) More >>

Support the campaign
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