Magazine - November 2004

In publication since 1982, IFLR has become the trusted source for in-house counsel and law firms specialising in financial law.

Cover Story

Features

  • Editorial

  • New York Stock Exchange to automate within limits

    The NYSE's proposed hybrid market would allow brokers to choose whether they want to trade automatically or manually. But the details of the proposal are fraught with difficulty. Linda Lerner explains

  • Power agency fights court over bankruptcy rights

    Two energy industry cases have set a debtor’s right to disavow contracts against the desire of regulators to protect consumers. By Joseph Smolinsky

  • Brazil turns to PPP for infrastructure investment

    Brazil hopes that a new law on public-private partnerships will help pay for improvements in areas such as energy production and transport. Andréa Arean Oncala explains

  • UK and US lenders win Australian tax break

    A withholding tax exemption for UK and US financial institutions that provide debt finance to Australian companies is a welcome advantage in a market where more and more issuers are raising funds offshore. Teresa Dyson and Anna-Maria Stephens explain

  • Planning holds key to exits in China

    In the first of two articles on private equity investment in China, Jack Lange tells investors how to structure deals to make the exit process as smooth as possible

  • Vietnam misses chance to improve bankruptcy laws

    The new bankruptcy regime in Vietnam risks being as unsuccessful as the last in changing business practices, says Tim Reinold

  • What Asia's banking counsel want from market regulators

    Only a few months into their new jobs as Asia-Pacific heads of legal, David Graham of UBS, Greg Terry of Morgan Stanley and Ken Willman of Goldman Sachs have a lot on their minds. Here, IFLR's Andrew Crooke talks to them about the challenges they face at a time when the attention of market regulators is more intense than ever

  • How EU data privacy affects due diligence

    Data privacy is often forgotten during mergers and acquisitions, exposing buyers and sellers to private claims as well as public penalties. Wim Nauwelaerts explains

  • Barriers to shareholder suits in France explained

    French directors effectively remain immune from liability to third parties, except when criminal sanctions are involved. By Jonathan Wohl and Franck Menand

  • Weak rules hinder corporate governance reform in Asia

    Consistent and well-crafted rules are critical to spur good corporate governance in Asia, says Jamie Allen

  • Lawyers debate liability and cross-border cooperation at IBA conference

    Almost 2,500 lawyers from around the world converged on Auckland last month at the International Bar Association's annual conference to discuss various issues facing the profession. One of the themes to emerge from the conference was the level of concern and attention that in-house and private practice lawyers are paying to governance standards and market reputations - both within corporates and at law firms. The profession is having to face up to potentially wide-ranging implications for its own behaviour and liabilities

News analysis

International briefings