Magazine - October 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

  • Ten steps to beat a bet-the-company crisis

    Corporate governance scandals, regulatory investigations and class action lawsuits are an enduring worry for company management operating in the US market. Robert Mollen and Dixie Johnson set down rules for avoiding a crisis or managing one when it happens

  • Liability rulings sound alarm for US directors

    Under Delaware law, directors can be liable if they fail to get a fair deal for shareholders when companies go private. David Leinwand and David Moss examine two cases with contrasting outcomes for the defendants

  • Brazil toughens stance on accounting for SPEs

    Brazilian regulators are following in the footsteps of US counterparts by demanding that companies account for the special purpose entities they control. By Walter Douglas Stuber

  • Banks question Hong Kong enforcement policy

    Hong Kong's securities regulator faces a tough job to convince the market that settling certain disciplinary cases without an admission of liability is wise. Andrew Crooke reports

  • How India plans to cut underwriting risk

    India's largest initial public offering shows how far market standards in underwriting have advanced. Yet regulators feel there is still room for improvement. By Cyril Shroff and Rahul Guptan

  • Regulators turn attention to risks of outsourcing

    Outsourcing in an industry as highly regulated as financial services creates its own set of difficulties, explain Jonathan Herbst and Mathew Rutter

  • The pros and cons of UK exchange recognition

    Eurex US has become the first overseas investment exchange in four years to obtain recognized status under the UK's new regime. Barnabas Reynolds and Thomas Donegan ask why so few exchanges have applied

  • France clarifies public contract law for lenders

    Changes to French laws affecting public-private-partnerships will bring greater certainty for investors and encourage more innovative deals, explain Jacques Bouillon and Sandra Lagumina

News analysis

International briefings