India could use derivatives to fund acquisitions Derivatives could be used to fund acquisitions of strategic stakes in India, which is planning to switch to physical settlement of equity derivatives. But RBI rules would mean only hedge funds could participate January 29 2010
US lawyers react to Obama’s banking reforms Obama’s proposal to ban banks from housing private equity or hedge fund functions has created confusion among US lawyers. Read their reactions here By Nicholas Pettifer January 26 2010
DOJ clears Ticketmaster/Live Nation The US Department of Justice (DOJ) has cleared Ticketmaster and Live Nation’s merger after almost a year of investigation By Nicholas Pettifer January 26 2010
India overseas investment rules worry counsel India’s regulations on overseas investment are the rules that lawyers would most like changed or abolished January 22 2010
Tata reveals outbound M&A strategy Tata’s general counsel has some advice for Indian companies looking outbound: have a long term plan and ensure that your investments fit with that strategy January 22 2010
Why buyers shouldn’t worry about US litigation Indian companies are often deterred from investing in the US by the country's litigious culture. They shouldn't be January 22 2010
How Mac clauses differ across Europe Europe is not a homogenous jurisdiction. M&A practice, such as the use of Material adverse change clauses (Macs) varies across the region and Indian companies acquiring in Europe should take note January 22 2010
Focus more on pre-merger integration Indian corporates should think more about how to integrate businesses they plan to acquire before going ahead with mergers January 22 2010
Key quotes from the India Outbound Investment Forum On January 20, in-house and private practice lawyers gathered in Mumbai for a series of colourful discussions on outbound investment. Here are some of their insights January 22 2010
Dubai World update: creditors debate offloading Creditors of the Dubai World debt will try to offload their exposure by offering their bonds for sale at below-par prices January 20 2010
Regulatory capital drives derivatives investments Increased regulatory capital requirements will spur banks to use derivatives to fund acquisitions of strategic stakes this year January 20 2010
Merger regulation comes to India India is finally set to implement its merger regulations this year. Companies will hope that the Competition Commission of India reconsiders its filing thresholds and timeframe January 14 2010
Tighter refinancing clauses on PE deals Private equity sponsors are seeking watertight agreements on new deals that their acquisition lenders will allow refinancing to go ahead January 14 2010
Stock-for-stock deals focus on collars Floating rate collars will be an essential tool in the negotiation of the growing number of stock-for-stock acquisitions By Nicholas Pettifer January 14 2010
Antitrust investigations to slow M&A Enquiries from the Federal Trade Commission and the Department of Justice are slowing deals. Sellers are beginning to counter this risk with extra provisions By Nicholas Pettifer January 14 2010
How private equity will use alternative financing With valuations mismatched and bank lending still slow, US private equity purchasers will turn to earn-outs and seller financing to bridge the gap in 2010 By Nicholas Pettifer January 14 2010
Expect relative fairness testing Novartis/Alcon is set to ask whether minority shareholders can expect a fairness opinion that considers higher bids for majority shareholdings By Nicholas Pettifer January 14 2010
The disclosure dangers of dual-track offerings New interest in dual-track offerings for private equity exits means owners must be careful whom they disclose key financial information to January 12 2010
Listing rules attract US private equity exits US private equity houses will favour IPOs to realise investments this year, partly because listing rules are not as restrictive as those in other jurisdictions By Nicholas Pettifer January 08 2010
Why private equity is shunning Asia’s capital markets Although Asia’s capital markets are bubbling, private equity investors in Hong Kong are shunning the prescriptive listing requirements and longer lock-in periods of IPOs January 07 2010
