Local lawyer shortage tops emerging market challenges As emerging market work grows, the shortage of local lawyers has become obvious By Danielle Myles April 14 2011
European debt crisis: simpler solutions than CACs Presumptions in the Prospectus Directive about sovereign information have been proved ‘spectacularly wrong’ during the European debt crisis. By Danielle Myles April 13 2011
Standard listings’ ‘unique selling point’ missed Sponsors have not picked up on the benefits of a Chapter 14 standard listing, introduced into the UK listing regime last year By Danielle Myles April 12 2011
Italy’s protectionist regime latest to avoid EU laws An Italian court has upheld one of the government’s recent anti-takeover decrees, sparking concern about protectionist regimes skirting EU competition law By Danielle Myles April 11 2011
Orderly Liquidation plan ‘not fair’ to executives Clawback of executive compensation under FDIC rules for its receivership of systemically important financial intuitions places an unfair burden on executives By Danielle Myles April 06 2011
Premium recapture rules threaten securitisation structures Proposed rules requiring sponsors to retain 5% credit risk in securitisations have lawyers in the US concerned about two things By Danielle Myles April 06 2011
South African high yield shuns precedent covenants Investors in South African high yield want local market covenants to be less complex and offer more protection than New York-law precedents By Danielle Myles March 30 2011
Guidance narrows UK Bribery law’s reach The UK government’s guidance on the Bribery Act provides much-needed clarification of which overseas companies fall under the Act’s ambit By Danielle Myles March 30 2011
Voting uncertain in new European high yield UPC Broadband is the latest issuer to use Europe’s new high yield structure which features the maintenance covenants of an underlying secured loan. By Danielle Myles March 24 2011
