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The Philippines is requiring all banks to comply with its Basel III rules by January 1 2014. In the meantime, the market expects to see the issuance of securities that comply with the latest accord

Recent indemnities in Australian banks’ engagement letters have been a cause of concern. But most market participants agree that fears abroad may be overblown

The Mexican government has started the long and uncertain process of permitting foreign investment in its state-run oil sector. Despite significant public pushback, local lawyers believe change is inevitable

Chinese dealflow into the European powerhouse continues to rise. But investors must beware the differences between German and US law

An unexpected court ruling makes Spain’s new cramdown proceedings more accessible to the country’s growing number of distressed companies, and will spur more constructive restructuring negotiations

For special committees and advisors undertaking going-private transactions, much can be learnt from recent Delaware court rulings. Here’s the latest best practice

In an effort to increase the government's share in the revenues derived from the use and development of the country's mineral resources, the President of the Republic of the Philippines issued Executive Order No 79 on July 6 2012. Section 4 of the Order imposes a moratorium on the execution of new mineral agreements (such as mineral production sharing agreements) 'until legislation rationalising existing revenue sharing schemes and mechanisms shall have taken effect.' The Department of Environment and Natural Resources will not accept nor approve applications for mineral agreements until the moratorium is lifted by the passage of a statute rationalising the current fiscal regime of mineral agreements. Section 4, however, excludes the issuance of exploration permits, financial or technical assistance agreements, mineral processing permits, and quarry permits from the coverage of the moratorium.

Hans P Goebel and Gunter A Schwandt of Nader Hayaux & Goebel on Mexico’s latest development plans and how they may be financed

The Mexican government has started the long and uncertain process of permitting foreign investment in its state-run oil sector. Despite significant public pushback, local lawyers believe change is inevitable

This instalment of Leveraged Finance Quarterly looks at the similarities and distinctions between typical features of first out revolving credit facilities in the US, and super senior revolving credit facilities in Europe