Starwood Retail Partners: Israeli Bondholders Take their Tiff with Starwood to Court

After nearly a year of simmering frustration, bondholders in Israel have commenced legal proceedings against Starwood Capital Group, whose bond is trading at under 40 cents on the dollar. The bondholders have turned to the court to compel Starwood's cooperation into an inquiry into the firm's financial documentation, particularly in regard to the valuation of [...]