Skip to main content

VULTURE FUNDS

EDM (Early Day Motion) 666: tabled on 04 November 2013

Tabled in the 2013-14 session.

This motion has been signed by 107 Members. It has not yet had any amendments submitted.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Motion text

That this House welcomes the impact of the Debt Relief (Developing Countries) Act 2010 in preventing vulture funds taking an estimated £145 million from developing countries; further welcomes the passing of similar laws in Jersey, Guernsey and the Isle of Man; notes that vulture funds are trying to force Argentina to default on its debt through a legal case in New York; further notes that vulture funds are making large profits on Greek debt repayments owed under UK law, despite other creditors agreeing a reduction in the amount they are owed; is concerned that vulture funds are preventing the fair implementation of debt restructuring; and urges the Government to share its experience of legislating on vulture funds with the US administration, bring forward legislative proposals to prevent vulture funds ignoring international agreed debt restructuring for Argentina and Greece in UK courts, and support the creation of a fair, independent and transparent arbitration mechanism for sovereign debt.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

Ainsworth, Mr Bob
Labour
Signed on 9 January 2014
Coventry North East
Anderson, Mr David
Labour
Signed on 13 January 2014
Blaydon
Barron, Mr Kevin
Labour
Signed on 17 December 2013
Rother Valley
Begg, Dame Anne
Labour
Signed on 8 May 2014
Aberdeen South
Betts, Mr Clive
Labour
Signed on 6 January 2014
Sheffield South East
Blunkett, Mr David
Labour
Signed on 6 May 2014
Sheffield, Brightside and Hillsborough
Brooke, Annette
Liberal Democrat
Signed on 6 November 2013
Mid Dorset and North Poole
Campbell, Sir Menzies
Liberal Democrat
Signed on 9 January 2014
North East Fife
Campbell, Mr Ronnie
Labour
Signed on 6 November 2013
Blyth Valley
Caton, Martin
Labour
Signed on 6 November 2013
Gower
Clark, Katy
Labour
Signed on 24 February 2014
North Ayrshire and Arran
Clarke, Mr Tom
Labour
Signed on 7 May 2014
Coatbridge, Chryston and Bellshill
Connarty, Michael
Labour
Signed on 16 December 2013
Linlithgow and East Falkirk
Cooper, Rosie
Labour
Signed on 10 February 2014
West Lancashire
Crausby, Mr David
Labour
Signed on 6 November 2013
Bolton North East
Crockart, Mike
Liberal Democrat
Signed on 3 February 2014
Edinburgh West
Cunningham, Alex
Labour
Signed on 6 January 2014
Stockton North
Cunningham, Mr Jim
Labour
Signed on 11 December 2013
Coventry South
Cunningham, Sir Tony
Labour
Signed on 13 January 2014
Workington
Davidson, Mr Ian
Labour
Signed on 1 May 2014
Glasgow South West
Dobson, Frank
Labour
Signed on 5 November 2013
Holborn and St Pancras
Dodds, Mr Nigel
Democratic Unionist Party
Signed on 5 November 2013
Belfast North
Donaldson, Mr Jeffrey M.
Democratic Unionist Party
Signed on 7 May 2014
Lagan Valley
Doran, Mr Frank
Labour
Signed on 9 January 2014
Aberdeen North
Dowd, Jim
Labour
Signed on 8 January 2014
Lewisham West and Penge
Durkan, Mark
Social Democratic & Labour Party
Signed on 5 November 2013
Foyle
Ellman, Mrs Louise
Labour
Signed on 12 May 2014
Liverpool, Riverside
Engel, Natascha
Labour
Signed on 6 January 2014
North East Derbyshire
Farron, Tim
Liberal Democrat
Signed on 6 May 2014
Westmorland and Lonsdale
Field, Mr Frank
Labour
Signed on 16 December 2013
Birkenhead
Flynn, Paul
Labour
Signed on 8 November 2013
Newport West
Francis, Dr Hywel
Labour
Signed on 6 January 2014
Aberavon
Galloway, Mr George
Respect Party
Signed on 25 November 2013
Bradford West
Gapes, Mike
Labour
Signed on 31 March 2014
Ilford South
George, Andrew
Liberal Democrat
Signed on 6 November 2013
St Ives
Gilmore, Sheila
Labour
Signed on 9 January 2014
Edinburgh East
Glindon, Mrs Mary
Labour
Signed on 13 January 2014
North Tyneside
Godsiff, Mr Roger
Labour
Signed on 21 January 2014
Birmingham, Hall Green
Hamilton, Fabian
Labour
Signed on 22 January 2014
Leeds North East
Hancock, Mr Mike
Independent
Signed on 6 November 2013
Portsmouth South
Harris, Mr Tom
Labour
Signed on 7 May 2014
Glasgow South
Havard, Mr Dai
Labour
Signed on 13 January 2014
Merthyr Tydfil and Rhymney
Hemming, John
Liberal Democrat
Signed on 12 May 2014
Birmingham, Yardley
Hoey, Kate
Labour
Signed on 1 May 2014
Vauxhall
Hood, Mr Jim
Labour
Signed on 20 January 2014
Lanark and Hamilton East
Hopkins, Kelvin
Labour
Signed on 7 November 2013
Luton North
Horwood, Martin
Liberal Democrat
Signed on 17 January 2014
Cheltenham
Howarth, Mr George
Labour
Signed on 7 January 2014
Knowsley
Jackson, Glenda
Labour
Signed on 7 November 2013
Hampstead and Kilburn
Joyce, Eric
Independent
Signed on 24 February 2014
Falkirk
Kaufman, Sir Gerald
Labour
Signed on 5 December 2013
Manchester, Gorton
Lavery, Ian
Labour
Signed on 17 December 2013
Wansbeck
Lazarowicz, Mark
Labour
Signed on 18 December 2013
Edinburgh North and Leith
Lloyd, Stephen
Liberal Democrat
Signed on 7 January 2014
Eastbourne
Llwyd, Mr Elfyn
Plaid Cymru
Signed on 13 January 2014
Dwyfor Meirionnydd
Long, Naomi
Alliance
Signed on 20 January 2014
Belfast East
Love, Mr Andrew
Labour
Signed on 9 January 2014
Edmonton
Marsden, Mr Gordon
Labour
Signed on 13 January 2014
Blackpool South
McCrea, Dr William
Democratic Unionist Party
Signed on 6 November 2013
South Antrim
McDonnell, Dr Alasdair
Social Democratic & Labour Party
Signed on 16 January 2014
Belfast South
McDonnell, John
Labour
Signed on 11 November 2013
Hayes and Harlington
Meale, Sir Alan
Labour
Signed on 5 November 2013
Mansfield
Mearns, Ian
Labour
Signed on 6 January 2014
Gateshead
Miller, Andrew
Labour
Signed on 11 December 2013
Ellesmere Port and Neston
Morden, Jessica
Labour
Signed on 6 January 2014
Newport East
Morrice, Graeme
Labour
Signed on 29 April 2014
Livingston
Morris, Grahame M.
Labour
Signed on 7 May 2014
Easington
Mudie, Mr George
Labour
Signed on 5 February 2014
Leeds East
Mulholland, Greg
Liberal Democrat
Signed on 14 January 2014
Leeds North West
Osborne, Sandra
Labour
Signed on 16 January 2014
Ayr, Carrick and Cumnock
Reevell, Simon
Conservative
Signed on 16 December 2013
Dewsbury
Reid, Mr Alan
Liberal Democrat
Signed on 6 January 2014
Argyll and Bute
Ritchie, Ms Margaret
Social Democratic & Labour Party
Signed on 6 November 2013
South Down
Robertson, Angus
Scottish National Party
Signed on 11 March 2014
Moray
Roy, Lindsay
Labour
Signed on 11 November 2013
Glenrothes
Ruddock, Dame Joan
Labour
Signed on 13 January 2014
Lewisham, Deptford
Sanders, Mr Adrian
Liberal Democrat
Signed on 6 November 2013
Torbay
Shannon, Jim
Democratic Unionist Party
Signed on 6 November 2013
Strangford
Sharma, Mr Virendra
Labour
Signed on 6 November 2013
Ealing, Southall
Sheerman, Mr Barry
Labour
Signed on 21 January 2014
Huddersfield
Sheridan, Jim
Labour
Signed on 6 January 2014
Paisley and Renfrewshire North
Stringer, Graham
Labour
Signed on 29 January 2014
Blackley and Broughton
Tami, Mark
Labour
Signed on 6 January 2014
Alyn and Deeside
Teather, Sarah
Liberal Democrat
Signed on 22 January 2014
Brent Central
Thornton, Mr Mike
Liberal Democrat
Signed on 6 May 2014
Eastleigh
Thurso, John
Liberal Democrat
Signed on 6 January 2014
Caithness, Sutherland and Easter Ross
Vaz, Keith
Labour
Signed on 6 May 2014
Leicester East
Vaz, Valerie
Labour
Signed on 6 May 2014
Walsall South
Walley, Joan
Labour
Signed on 8 January 2014
Stoke-on-Trent North
Ward, Mr David
Liberal Democrat
Signed on 5 November 2013
Bradford East
Watson, Mr Tom
Labour
Signed on 30 April 2014
West Bromwich East
Watts, Mr Dave
Labour
Signed on 9 December 2013
St Helens North
Weir, Mr Mike
Scottish National Party
Signed on 6 November 2013
Angus
Williams, Hywel
Plaid Cymru
Signed on 18 March 2014
Arfon
Williams, Mr Mark
Liberal Democrat
Signed on 13 January 2014
Ceredigion
Williams, Roger
Liberal Democrat
Signed on 15 January 2014
Brecon and Radnorshire
Wishart, Pete
Scottish National Party
Signed on 6 May 2014
Perth and North Perthshire
Wood, Mike
Labour
Signed on 7 May 2014
Batley and Spen
Wright, David
Labour
Signed on 30 April 2014
Telford
Wright, Simon
Liberal Democrat
Signed on 17 December 2013
Norwich South

These members had previously signed the motion, but have now withdrawn their support. The date shown is when the Member withdrew their signature from the motion.