Magazine - March 2002

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

Cover Story

  • IFLR announces European awards winners

  • SEC targets disclosure in post-Enron world

    In the wake of the Enron collapse, the US Securities and Exchange Commission (SEC) has been quick to put forward proposals to improve accounting and financial disclosure, in the hope of preventing any future disasters. Leslie Silverman and Mark Adams of Cleary, Gottlieb, Steen & Hamilton, New York, and Sebastian Sperber and Robert Williams in Hong Kong review the SEC’s statements and explain how companies should react when preparing financial disclosure press releases and reports filed with the Commission

Features

  • Germany sets agenda with takeover law

    The European Commission may have published a report on the need for an EU takeover directive and company law, but Germany is just getting used to its own new takeover rules. Daniela Weber-Rey and Wolfgang Richter of Clifford Chance Pünder, Frankfurt, examine what the regime means for companies while the European debate rumbles on

  • French reforms show Europe how it's done

    While the EU prevaricates about key areas of corporate and capital markets legislation, France has been pushing to reform its domestic rules to free itself of old fashioned restrictions. Thomas Williams reports on the progress made, that still to come and how lawyers are making the most of the new rules

  • The regulator: Florence Roussel, COB

    France’s powerful stock exchange regulator has taken the markets by storm over the last year targeting, among other things, underwriter liability and disclosure rules. Thomas Williams talks to COB legal director Florence Roussel about her role in a regulatory revolution

  • The secrets of consensual debt restructuring

    The sharp contraction in US consumer spending has had a nasty knock-on effect in developing economies, leaving many companies needing to restructure their debt to survive. Neil Whoriskey of Cleary, Gottlieb, Steen & Hamilton, Hong Kong, gives an invaluable guide to successful restructuring and avoiding the many pitfalls it poses to companies

  • Basle II takes risk-sensitive look at securitization

    With the new Basle capital accord due by the end of the year, the committee has turned its attention to securitization and issued a working paper discussing risk sensitive and ratings-based approaches. Mark Nicolaides and Emma Dmitriev of Mayer Brown Rowe and Maw, London, review the implications

  • How to buy a bank in Asia

    In the second of a three-part series, Philip Gilligan and John Banks of Lovells, Hong Kong, explain the key issues to be considered when planning to buy a bank in Asia

  • Can Pakistan bring power to the people?

    Maheen Pfeffer of Afridi Angell & Khan, Islamabad, assess the prospects for foreign investment and growth in the power industry

News analysis

International briefings