Magazine - May 2002

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

Cover Story

  • Why EU takeover plans would freeze Europe's markets

    The EU's High Level Group of Company Law Experts has effectively advocated one share one vote across all types of risk bearing share capital. James Palmer of Herbert Smith explains why this will cause more harm than good to the European capital markets

Features

  • Cutting edge close-up: How Global TeleSystems made bankruptcy pay

    When KPNQwest bought parts of troubled Global TeleSystems the companies agreed bankruptcy terms with creditors before the deal closed. Steven C Planchard of Cleary Gottlieb Steen & Hamilton explains how

  • Europe's new rules for cross-border insolvencies

    Jennifer Marshall of Allen & Overy explains what Europe's new rules mean for companies and investors

  • French regulator raises prospectus demands

    French regulators aim to increase the liability of banks in tender offers. But new rules leave questions unanswered. By Eric Cafritz and Omer Tene of Fried Frank Harris Shriver & Jacobson

  • Counting the cost of Portugal's errors

    The election of a new government could mean radical changes in the Portuguese financial markets. Some Lisbon lawyers think it may be too late. Thomas Williams reports

  • Spanish lawyers struggle in a bigger Europe

    As Europe expands into the emerging markets of eastern Europe, Spanish lawyers are looking to Madrid's lawmakers for a more competitive environment. By Thomas Williams

  • Germany legislates to boost investor confidence

    Germany's latest financial reforms will affect everything from listing shares to trading derivatives to storing information about bank customers. Gabriele Apfelbacher of Cleary, Gottlieb, Steen & Hamilton summarizes the most important changes

  • Nordic firms go back to bricks and mortar

    Two years ago the Nordic region was riding high on the technology wave but the capital markets have crashed and the region’s tech-heavy stock exchanges have suffered more than most. By Stephen Hoare

  • US courts set limits of sellers' liability

    A recent ruling clarified the extent to which selling shareholders are liable under US securities law. By Christian Droop and Sarah Casey Otte of Milbank, Tweed, Hadley & McCloy LLP

  • Renovating Vietnam's banking industry

    With a firm commitment to renovation, Vietnam is set to strengthen its banking industry. Tony Foster, of Freshfields Bruckhaus Deringer, Hanoi, explains the latest changes

  • China clears path for foreign investors

    In line with its commitments to the World Trade Organization, China is opening more businesses to foreign investment. Andreas Lauffs and Andrew Tan of Baker & McKenzie look at the new regime

  • Restructuring Asia's distressed banks

    In this final article in a series of three, Philip Gilligan and Alastair Timblick of Lovells consider the routes a distressed bank may take to survive

News analysis

International briefings