February 2010

Editorial

Cover story

  • What to watch out for

    This is 2010

    Despite the volume of regulation last year, 2010 will be all about deal trends. Expect covered bonds, flipper clauses and floating-rate collars. Oh, and the dreaded return of cov-lite. By Elizabeth Fournier, Rachel Evans, Nicholas Pettifer and Tom Young

Awards

  • Asia, Europe and US

    All the nominations

    IFLR's list of the best deals and teams for legal innovation in 2009. But which will win?

  • Asia Bankers' Counsel Poll 2010

    Asia's bankers' counsel are unhappy with the standard of diligence on IPOs. There must be public filings, litigation or greater regulation, or this could cause the next crisis

People and firms

Deal digest

The interview

  • Interview: Private practice response

    Asia's particular reaction

    The SFC was great, but investigations need a lot of work. And there's convergence, but not in China. Paul Browne and Paul Li of Simmons & Simmons examine the results of the Bankers' Counsel Poll

The big question

  • 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

Leaders

News analysis

Features

  • Impact of Dubai World

    Creditors offload debt

    PLUS: First US sukuk boosts industry; Effects on Asian sovereign debt; Timeline - how it all happened

  • Asia minibonds

    Giving voice to the victims

    IFLR puts the concerns of Asia's minibond victims to the SFC in Hong Kong

  • Asia structured products

    Respond to change

    The industry must respond quickly and effectively to regulatory initiatives

  • Rusal listing

    Institutional market unlikely

    Did Hong Kong allow the controversial listing of Rusal, with lower listing requirements, for purely commercial reasons?

  • 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

  • Anchor investors

    Regulatory capital means derivatives

    Greater restrictions on regulatory capital mean banks are turning to equity derivatives to make investments specific for anchor investors

  • French distressed M&A

    Why there's more conciliation

    French conciliation proceedings are morphing successfully into aids to distressed M&A. Here's why

  • Private equity exits

    Consider dual track

    Private equity houses are beginning to view the initial public offering as a viable exit strategy from their portfolio investments once again

  • 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

  • Uk Combined Code

    Just think about it

    Many financial institutions will feel that the UK Corporate Governance Code will not change anything. But it's worth the Board debating the issues

  • Asia settlement agreements

    Don't mis-sell a settlement

    Six tips for avoiding complaints about settlement procedure, and having to do the process all over again

  • The German Investment AG

    Better than Sicav

    The legal potential of a German fund

Profile

  • Profile: Martin Goldberg, Barclays Capital

    Very transatlantic

    Martin Goldberg compares London to New York, BarCap to Lehman

International Briefings

Supplements

It’s not as simple as waving a cheque for HK$1 million and saying: ‘I want some shares’

Teresa Ma, of Linklaters, on retail investor restrictions for Rusal's listing

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]