Magazine - February 2016

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

Cover Story

  • Fixing Europe’s restructuring regime

    The EU's fragmented insolvency rules have many critics. But there's little consensus on whether the goal should be a single market, minimum standards, or something in between



  • POLL: helping panda bonds grow

    Further regulatory guidance is needed to unleash China’s new market. In the meantime, counsel are busy speculating over its biggest driving force to-date

  • Deal of the month: ABS to power Africa

    The continent’s first securitisation of off-grid solar panels could present another way to fight its chronic power shortage

  • Inside China: circuit-breaker failure

    Beijing’s latest attempt at propping up the country’s plummeting stock markets lasted just seven days. Here's how it played out

  • Africa: no longer a frontier

    The continent’s bond markets have matured rapidly over the past three years. Here, White & Case lawyers' set-out why hybrid-style instruments could be their next incarnation

  • Mifid II: excess of ambition, lack of action

    Akin Gump’s Christopher Leonard and Chris Poon outline why European legislators’ desire for reform has outpaced their ability to implement rules

  • Europe’s PE waterfall becomes global standard

    In a more LP-centric world, European carry has become the industry benchmark for all funds. Augentius's Brendan Tyne outlines why

  • Have SOAs reached their limit?

    Struggling foreign companies keep finding new ways to restructure in England. But as Milbank's Matthew Czyzyk explains, their tactics are facing tougher scrutiny by the courts

  • Experiments in DIP financing in Mexico and Brazil

    Struggling debtors have been testing the countries' new restructuring regimes. Paul Hastings’ Joy Gallup explains how debtor-in-possession funding is their favoured tool

  • Penalty clauses redefined by the English courts

    Bracewell & Giuliani’s Alastair Young, Darren Spalding and Paige Bennett explain why the pro-freedom of contract interpretation is at odds with the judiciary in Australia and the US

  • Closing conditions

    The lighter side of the past month in the world of financial law

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