Overview

The UK brought in a law to stop vulture funds using our courts to prey on developing countries. However this doesn’t yet apply to Jersey.
 
Right now, vulture fund FG Hemisphere is using Jersey’s courts to claim $100m from the Democratic Republic of Congo. They bought this debt for just $3.3m. Jersey’s Chief Minister has said that they will adopt the UK’s vulture funds law, but this needs to happen as soon as possible, and not once the damage has been done to the DRC.

Predators & profit

Stop vulture funds preying from Jersey

Call on Jersey’s new Chief Minister to extend the UK’s Vulture Funds Law to their courts.

1. Read the petition

Dear Senator Gorst, Chief Minister of Jersey, Take a stand and extend the UK’s Vulture Funds Law to Jersey. Please stop vulture funds buying up cheap developing country debts, and then suing through your courts for massive profits. Taking advantage of countries trying to get back on their feet is just wrong.

2. Sign your name

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