Magazine - October 2001

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

Cover Story

  • Why UK securitization is under threat

    At a time when the UK economy needs every trick in the book to stay healthy, a weakened securitization market would be a serious blow. In this month’s IFLR, Ian Field and Jennifer Marshall of Allen & Overy, London, argue that just such a blow could be about to land. The proposed UK law on insolvency will, they say, create confusion over the right of secured creditors in structured finance issues to appoint a receiver. Without this, such deals would become almost impossible

Features

  • Secrecy and Basle to top IBA agenda

    Hendrick Haag, Hengeler Mueller partner and co-chair of Committee E (Banking Law), looks at the topics his panel will be covering at this month’s IBA conference in Cancun.

  • Czech Republic follows EU lead on competition

    Over the summer, the Czech and Slovak republics both passed new laws on competition. As they and other countries line up for prospective EU membership, Michal Dlouhy and Martin Podolan of White & Case, Feddersen, Prague, assess the legislation

  • UK gets ahead of the competition

    The dust has barely settled on the 1998 UK Competition Act and the government has already introduced plans for new legislation. Will this give the UK a “world class competition regime” or, ask Simon Polito and Ruth Kelly of Lovells, is it too much, too soon?

  • Swiss seek new lease of life with cherry-picked reform

    Switzerland’s independence and local laws have helped make it a major financial centre, but now it wants to be more like its EU neighbours. By wanting to have its cake and eat it, will Switzerland and its lawyers suffer a bad case of indigestion? Thomas Williams reports from Zurich

  • Firm directory - Switzerland

  • Spain moves to protect investors

    The new Spanish finance bill aims to provide a more comprehensive, simple regulatory framework offering greater investor protection. Fernando de las Cuevas and Valentina Rodríguez of Gomez-Acebo & Pombo, Madrid, examine the key issues

  • How convertibles can help

    The continuing collapse in share prices is making it increasingly hard for companies to raise cash. In August, IFLR showed how securitization could help telcos. This month, Christian Parker and Martin Dunton of Norton Rose explain the role convertible and exchangeable bonds can play

  • Buying a Hong Kong bank

    Competition among Hong Kong’s smaller banks and a relaxed regulatory environment mean that buying a bank in the region has never been as easy or attractive. Matthew Barnard and Paul Sroka of Allen Arthur Robinson explain the rules every prospective foreign buyer should know

  • The secret of enforcing arbitral awards in China

    Despite China having acceded to the New York Convention almost 15 years ago, upholding an award under the Convention is still full of uncertainty. Mark Lin, a consultant to Lovells, Hong Kong, explains how best to secure enforcement

  • Ibra loses advisers as Indonesian restructuring falters

    As its work restructuring the Indonesian banking industry hangs in the balance, the last thing Ibra needed was to be abandoned by its legal advisers. Nick Ferguson reports

News analysis

International briefings