Magazine - April 2002

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

Cover Story

  • Top of the class: the IFLR awards 2002

    Last month IFLR celebrated law firms' achievements of 2001 when it hosted its annual awards ceremonies in London and Hong Kong. Among the top honours, Linklaters & Alliance was crowned European capital markets law firm of the year while Freshfields Bruckhaus Deringer won international law firm for Asia. Ben Maiden and Nick Ferguson present the winners of this year's awards and look at how, with the capital markets struggling to keep up the pace of the boom years, firms have found exciting new ways to serve clients

Features

  • Cutting edge close-up: How Pernod, Diageo sealed the Seagram deal

    Late last year Pernod and Diageo overcame competition, intellectual property and financing hurdles to close their $8 billion joint acquisition of Seagrams’ wines and spirits division. Edward Nalbantian of Jones, Day, Reavis & Pogue in Paris gives the inside story on an ingenious deal

  • In-house view: Patrick Stéphan, Euronext

    With Euronext at the forefront of integration in European financial services, Thomas Williams talks to the exchange’s top lawyer about self-regulation and the ten best law firms in Europe

  • Portugal targets growth with securitization law

    As Portugal finally introduces legislation that specifically deals with securitization, William Smithson and Alexandra Maia de Loureiro of P Rebelo de Sousa, Simmons & Simmons in Lisbon discuss its likely impact

  • Allen & Overy stays ahead on bonds

    Ben Maiden reports on the findings of this year’s IFLR international bond survey, where Allen & Overy has kept its nerve and its lead on stand alone bonds and Clifford Chance has leapt further ahead on securitization

  • SEC opens door to internet-only communication

    In a landmark ruling, the SEC has allowed American Life to communicate with investors purely via the internet. However, as Sebastian Sperber and Eric Kolodner of Cleary, Gottlieb, Steen & Hamilton in Hong Kong explain, it is far from clear where this will lead or what the effects of the Electronic Signatures Act will be

  • Why Canadian securitization needs legal evolution

    Growth in the Canadian securitization slowed dramatically last year but there are grounds for optimism in favourable treatment by the courts and the growth of products such as extendable commercial paper as a liquidity substitute. Martin Fingerhut of Blake, Cassels & Graydon, Toronto, looks at the market’s future

  • Australian Takeovers Panel backs break fees

    In a recent decision regarding the battle for Australia’s Normandy Mining, the Takeovers Panel made its first decision on break fees and has released its reasoning. Baden Furphy and Tony Damian of Freehills’ Melbourne and Sydney offices discuss the ruling and its implications

  • Chinese rules slow foreign bank expansion

    Under the terms of its entry to the WTO, China is committed to allowing greater access to its banking sector. Despite the slow inroads being made by foreign institutions, however, rules remain in place that will slow their progress, as Lester Ross of Paul, Weiss, Rifkind, Wharton & Garrison, Beijing, explains

News analysis

International briefings