CMBS restructuring

CDS regulation

Tier one capital

Practice Areas

Debt Capital Markets

  • Isda Master Section 2(a)(iii)

    • First test case

      A surprising conclusion on flawed-asset conditional payments has practitioners scrambling for a solution. Here's one


Equity Capital Markets


Financial Regulation

    • Hope on Russian enforcement

      The Rentpool case should mean more foreign judgments are enforceable in Russia. But don’t get too excited just yet

  • European retail products

    • A complete overhaul

      The European Commission's Prips proposal is a complete overhaul of retail investment

  • The big question

    • What do you fear about living wills?

      The scope of regulation to impose living wills in the UK and the US reaches much further than originally planned. Lawyers are worried it could change the way that banks are structured, and tie up essential capital reserves

  • US price fixing

    • Hyper field pre-emption

      Did the Billing case create hyper field pre-emption for US securities laws? An analysis Of the Second Circuit's Short Sale decision

  • US derivatives reform

    • Much uncertainty to come

      Derivatives legislation has been passed by the US House of Representatives. But there's still a lot of argument and jurisdictional wrangling to go


M&A and Private Equity


Banking and Project Finance


Securitisation and Structured Finance



The regulators haven’t mitigated counterparty risk yet, just changed it

Simon Dodds, general counsel at Deutsche Bank, on forcing derivatives through central counterparties

Web seminars

US and EU hybrid capital
February 3 2010
The future of hybrids, in a popular discussion between IFLR, Morrison & Foerster and Calyon

Latest Issue

March 2010

Basel III: The revenge of Basel
New Basel rules are affecting everyone differently. In the UK banks are worried about grandfathering, in Germany the headache is hybrids and in the US it's risk structures. Meanwhile Japan has some tips and Hong Kong structured its first hybrid [more]