Seeking to support its minority investments without taking the balance sheet exposure, the airline has created an innovative solution to a unique problem
Counsel at a breakfast seminar hosted by TheCityUK in London last month lauded the Capital Markets Union (CMU) action plan, but lamented its failure to address cross-border shareholder voting.
An internationally universal approach to insolvency proceedings is still a distant illusion, according to panellists at the International Bar Association's annual conference in Vienna last month.
Ahead of the anticipated lifting of economic sanctions against the country, Iran is testing the international financial community's appetite by issuing around 400 billion rials ($13.4 million) worth of short-term treasury bills.
The European Commission’s CMU action plan has been celebrated across sectors. But it lacks one feature which counsel say continues to deter European investment