Magazine - August 2003

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

Cover Story

Features

  • Understanding Isda's credit derivative rules

    Ed O'Connell and Kristin Boggiano of Schulte Roth & Zabel discuss Isda's 2003 Credit Derivatives Definitions and the questions they both resolve and raise

  • Overcoming the uncertainty in Islamic financing

    As Islamic financing becomes more complex, contracts need to specify the terms and subject matter of the deal as far as possible to comply with Sharia principles. Kenneth Aboud, Hooman Sabeti and Asmaa Al-Shabibi of Allen & Overy Shook Lin & Bok explain how to win approval from Islamic scholars

  • Tackling restructuring in emerging markets (part III)

    In the last of his three-part series, Steven Kargman completes his advice to creditors faced with the insolvency of emerging market debtors

  • Why Europe's new prospectus regime may fail

    Jim Bartos and Michael Leppert of Shearman & Sterling LLP explain why conflicts in the EU Prospectus Directive may mean it falls short of creating a single capital market

  • Eckhardt shows limits of creditors' rights

    In May the English Privy Council considered how a Bangladeshi scheme to reconstruct part of BCCI's business affected a creditor’s claims in the Cayman Islands. Brian Cain of Richards Butler says the result shows what can happen when a creditor gets stuck between two conflicting insolvency regimes

  • Is withholding tax holding central Europe back?

    States in central and eastern Europe should abolish withholding tax on capital markets deals, say Ton Kemp and Nick Eastwell of Linklaters. It makes transactions expensive for issuers but raises little money for governments

  • Japan's lawyers weigh up new-found freedom

    Buyers of legal services in Japan will soon have the option to use the one-stop-shops that they have wanted for so long. But can law firms deliver? Andrew Crooke reports from Tokyo

  • Is Japan ready for poison pills?

    Japanese companies face a growing threat from hostile takeovers. Andrew Crooke asks whether US-style corporate defence techniques can be applied in Tokyo

  • Firm directory - Japan

  • How Korean lawyers will profit from foreign competition

    Until recently Korea has been reluctant to open its legal market to foreign competition. But change is on its way. Andrew Crooke reports from Seoul on how the coming influx of foreign lawyers will benefit Korean firms too

  • Interview: Korea's plan to win over foreign investors

    Tae-Shin Kwon, deputy minister for international affairs in Korea's Ministry of Finance and Economy, tells Andrew Crooke how the country will woo investors with corporate and financial reforms

  • How Korean lawyers will profit from foreign competition

    Until recently Korea has been reluctant to open its legal market to foreign competition. But change is on its way. Andrew Crooke reports from Seoul on how the coming influx of foreign lawyers will benefit Korean firms too

News analysis

International briefings